Cheap Apartments for Rent in Niantic, CT from $900 (19 Rentals)

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Crocker House
1 to 2 Bedroom Apartments

Crocker House

35 Union StNew London, CT 06320
  • Utilities Included
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120 Broad St
Studio to 3 Bedroom Apartments

120 Broad St

120 Broad StNew London, CT 06320
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Brookside Commons
1 Bedroom Apartments

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
  • Utilities Included

Niantic, CT Local Guide

Cheapest Neighborhoods for Apartments in Niantic, CT

Pricing Updated: 04/09/2025

Current apartment rentals in the Niantic, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Niantic Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Southwest New London Lyme$3,325$1,38042

Cheapest Available Niantic Apartments for Rent and Nearby

 

The cheapest available apartment rental in Niantic, CT is a 1 Bed unit found at Crocker House priced from $1,100. Peppertree Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Niantic apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio1BR,1BA$1,100
Peppertree ApartmentsStudioStudio,1BA$1,150
8 Bank StStudioStudio,1BA$1,150
Morton HouseEfficiency1BR,1BA$1,200
Pequot VillageOne Bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Niantic, CT and Nearby

As of April 09, 2025 the best value apartment in the Niantic area is the $1.94 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,795. The second greatest value Niantic apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.90 price per square foot in the South Lyme neighborhood. Here is today’s list of the best values for Niantic apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsAnchor Townhome3BR,2.5BA$1.94
The EdgewaterSailfish2BR,1.5BA$1.90
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.90
Fieldside Apartments2BR 1 BR w/ Heat & Hot Wate2BR,1BA$1.68
Groton TowersMystic1BR,1BA$2.06
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.36
Eagle PointeTWO BEDROOM2BR,1BA$2.11
8 Bank StStudioStudio ,1BA$1.53
Pequot VillageOne Bedroom1BR,1BA$1.74
Courtview Square ApartmentsA11BR,1BA$2.18

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Frequently Asked Questions about Cheap Niantic Apartments

What is a cheap apartment in Niantic?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Niantic is under $1,566.

What is the price of a cheap apartment in Niantic?

The cheapest apartment in Niantic is Crocker House which is listed at $1,100, while the average apartment in Niantic costs $3,325.

What types of apartments are the cheapest in Niantic?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Niantic that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Niantic?

Cheap apartments in Niantic have an average cost of $358 which is $2,967 cheaper than the average rent for all rentals in Niantic.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.