
Cheap Homes for Rent in New London, NC from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


2550 Monta Dr

215 N 3rd St

136 E South St

206 S 3rd St

1315 N 6th St

801 Anderson Rd
New London, NC Local Guide

How much does it cost to rent a home in New London?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New London 2 Bedroom Homes for Rent | $1,376 | $975 | $2,500 |
New London 3 Bedroom Homes for Rent | $1,976 | $1,200 | $2,590 |
New London 4 Bedroom Homes for Rent | $2,458 | $1,650 | $3,450 |
New London 5 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Top Homes for Rent in New London
Explore New London
New London, NC Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New London Apartments for Rent and Nearby
 The cheapest available apartment rental in New London, NC is a 1 Bed unit found at Wiley School Apartments in the Davidson neighborhood priced from $750. 121 Heath St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable New London apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $750 |
121 Heath St | One Bed | 1BR,1BA | $845 |
306 N Jackson St | 1 Bedroom | 1BR,1BA | $935 |
Best Value Apartments for Rent in New London, NC and Nearby
As of April 12, 2025 the best value apartment in the New London area is the $1.35 price per square foot 3x2 The Heritage Model at The Bridges Of Cabarrus in the in the Oak Crest neighborhood starting from $1,795. The second greatest value New London apartment is the 3 Bedroom Townhome Model at Greens of Concord starting at $1,568 with a $1.20 price per square foot in the Oak Crest neighborhood. Here is today’s list of the best values for New London apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Bridges Of Cabarrus | 3x2 The Heritage | 3BR,2BA | $1.35 |
Greens of Concord | 3 Bedroom Townhome | 3BR,2BA | $1.20 |
Inspired Way Townhomes | 2 Beds, 2 baths | 2BR,2BA | $1.22 |
Washington Building | 2 Bedroom | 2BR,2BA | $1.14 |
Allison Heights | Allison Heights | 2BR,1BA | $1.00 |
Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
Chesney Woods Apartment Homes | 2D | 2BR,1.5BA | $1.28 |
American Ave NE | 2BR/2.0BA | 2BR,2BA | $1.22 |
306 N Jackson St | 1 Bedroom | 1BR,1BA | $1.34 |
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 42 Apartments for Rent in New London, NC with pricing that ranges from $845 to $3,791. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $575 to $3,450.
What is the current price range for Rental Homes in New London?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New London ranges from $575 to $3,450 with an average monthly rent of $1,576.
How much are larger Three and Four Bedroom Rentals in New London?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New London range from $1,275 to $3,276, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,590. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,548.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.