Cheap Apartments for Rent in New London, CT
86 rentals
Use arrow keys to navigateTotal price$935 - $1,136/mo
Studio
1 BathSt. Mary Place | 16 Huntington St #1-36,
New London, CT 06320
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Use arrow keys to navigatePET FRIENDLY- Use arrow keys to navigatePET FRIENDLY$1,100 - $1,700/moFees may applyStudio-1 Bed1-2 BathsCrocker House Apartments | 35 Union Plz #4183551b2,
New London, CT 06320 
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PET FRIENDLYINCOME RESTRICTED$1,300 - $1,400/moFees may apply2-3 Beds1 BathProgress Point | 100 Redden Ave #2,
New London, CT 06320- PET FRIENDLYINCOME RESTRICTED$1,300 - $1,400/moFees may apply2-3 Beds1 BathNew London Communities | 71 Redden Ave #1,
New London, CT 06320 
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NEW - 4 HRS AGOPET FRIENDLY$1,330 - $2,211/moFees may applyStudio-2 Beds1 BathVillages at Shore Landing | 5 Nob Hill Rd #9-107,
New London, CT 06320
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SPECIAL OFFERPET FRIENDLY$1,545 - $1,884/moFees may applyStudio-2 Beds1 BathNutmeg Woods | 84 Hawthorne Dr N #25E,
New London, CT 06320
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Average Rent Trends in New London, CT
Rent in New London, CT varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,500 |
| Jul 2025 | $1,590 |
| Aug 2025 | $1,550 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,750 |
| Nov 2025 | $1,700 |
| Dec 2025 | $1,650 |
| Jan 2026 | $1,560 |
| Feb 2026 | $1,600 |
| Mar 2026 | $1,600 |
| Apr 2026 | $1,700 |
| May 2026 | $1,675 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,500 | $1,750 | $1,950 | $2,500 | $1,700 |
| Townhomes | — | — | — | — | $2,500 |
| Apartments and Condos | $1,450 | $1,850 | $1,950 | $2,500 | $1,800 |
| Houses | $1,000 | $1,800 | $4,000 | $5,000 | $3,500 |
Frequently Asked Questions about Rentals in New London, CT
- What is the average rent of an apartment in New London, CT?The average rent of an apartment in New London, CT is $1,548 per month. This is about 20% lower than the national average.
- What is the average rent of a house in New London, CT?The average rent of a house in New London, CT is $3,500 per month. This is about 81% higher than the national average.
- What is the average rent of a townhome in New London, CT?The average rent of a townhome in New London, CT is $2,500 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in New London, CT?In the last year, the average rent in New London, CT was lowest in Jun 2025 when it was $1,500 per month.
- When is the average rent most expensive in New London, CT?In the last year, the average rent in New London, CT was highest in Mar 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in New London, CT?The average rent of a 1 bedroom apartment in New London, CT is $1,500 per month. That is about $250 more than the cost of a studio apartment.
- How many available rental listings are in New London, CT?There are 92 available rental listings in New London, CT.
- What are some zip codes in New London, CT?New London, CT includes zip codes such as: 06320.
- What are some cities near New London, CT?Some nearby cities include: Waterford, Groton, East Lyme, Ledyard, Fishers Island. These cities may have more rental options to explore.