Cheap Apartments for Rent in New London, IA from $300 (23 Rentals)

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Ramey Retirement
1 to 2 Bedroom Apartments

Ramey Retirement

500 W Washington StNew London, IA 52645

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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630 N 6th St
Studio Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Bel Aire Apartments
1 to 2 Bedroom Apartments

Bel Aire Apartments

301 Bel Aire CtBurlington, IA 52601
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

New London, IA Local Guide

Cheapest Available New London Apartments for Rent and Nearby

 

The cheapest available apartment rental in New London, IA is a Studio unit found at Macomb Rentals priced from $390. Colorado Senior Lofts 55+ in the Meadow Lane Add neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $492. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Colorado Senior Lofts 55+1 Bed, 1 bath1BR,1BA$492
510 Wapello St SUnit 382BR,1BA$641
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Park Madison Apartments1BR/1BA1BR,1BA$700

Best Value Apartments for Rent in New London, IA and Nearby

As of May 16, 2025 the best value apartment in the New London area is the $1.03 price per square foot 2 Bedrooms, 2 Bathrooms Model at Haven at Parkway in the in the Rock Riverfront neighborhood starting from $1,275. The second greatest value New London apartment is the Churchill Lofts - 301 Model at Churchill Lofts starting at $998 with a $0.93 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for New London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Haven at Parkway2 Bedrooms, 2 Bathrooms2BR,2BA$1.03
Churchill LoftsChurchill Lofts - 3012BR,1BA$0.93
MAPLE PLACE APARTMENTS3 Bed 1 Bath Townhome3BR,1BA$0.87
Colorado Senior Lofts 55+2 Beds, 1 bath2BR,1BA$0.91
School House Apartments1 Bedroom and 1 Bath1BR,1BA$0.89
Summer Street ApartmentsApartment 12BR,1BA$1.00
Louden LoftsTwo Bedroom2BR,2BA$1.00
Walcott Manor Apartments2 BR/ 1 BA2BR,1BA$0.98
Park Madison Apartments1BR/1BA1BR,1BA$0.93
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$1.00

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New London, IA Rentals by Map

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Getting Around New London, IA

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap New London Apartments

What is the Cheapest Studio apartment in New London?

Currently the most affordable Cheap Studio Apartment in New London is at Macomb Rentals listed at $390.

How much is rent for a Cheap One Bedroom New London Apartment?

The lowest price for a Cheap One Bedroom New London Apartment is $492 at Colorado Senior Lofts 55+.

What is the lowest price for a Cheap Two Bedroom New London Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New London is starting from $450 at Macomb Rentals.

What is the most affordable New London Three Bedroom Apartment?

The best deal on a cheap New London Three Bedroom Apartment rental is at MAPLE PLACE APARTMENTS and starts from $820.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.