How much is the average rent in New London, CT for 1-bedroom and 2-bedroom apartments?

New London's 2025 rental market shows one-bedroom apartments averaging around $1,500 per month, while two-bedroom units rent for around $1,900 monthly. These figures reflect current market conditions following recent price adjustments across different apartment sizes.

When is the best time to look for an apartment in New London, CT?

March offers the lowest rental prices in New London, while February sees the highest rent throughout the year. This creates approximately an 11% difference between peak and off-peak pricing periods, making March an optimal time for apartment hunting.

Are there pet-friendly apartments in New London, CT?

New London offers solid options for pet owners, with 59% of apartments welcoming pets. This represents a majority of the rental inventory, providing good availability for renters with furry companions across the city's average of 109 monthly listings.

Are utilities usually included in rent in New London, CT?

New London rentals rarely include utilities as part of the rent, with only 5 total listings offering this arrangement. This represents less than 1% of available apartments, meaning renters should budget separately for electricity, gas, water, and other utility costs.

Are most apartments in New London, CT largely older buildings or new developments?

New London's rental market features predominantly historic architecture, with Colonial-style properties representing 37.8% of available rentals dating back to the 1600s. Ranch-style homes make up 32.4% of the market, originating from the mid-20th century, creating a landscape dominated by established rather than new construction.

Cheap Apartments for Rent in New London, CT

25 rentals available

5d+ ago

Cheap apartment for rent in New London

55 Mountain Ave #B, New London, CT 06320

Affordable

1 bed

1 bath

$1,300

$1,200

Price drop

Apartment for rent

5d+ ago

Cheap apartment for rent in New London

APARTMENT - New London, CT

156 Garfield Ave, New London, CT 06320

Affordable | On-site laundry | Dishwasher

1 bed

1 bath

$1,395

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Verified

848 Bank Street #3, New London, CT 06320

Affordable

1 bed

1 bath

$1,500

Apartment for rent

Available Apr 1

8h ago

Verified

159 Connecticut Avenue, New London, CT 06320

Affordable

2 beds

1 bath

$1,550

Apartment for rent

Available Mar 31

5d+ ago

Cheap apartment for rent in New London

APARTMENT - New London, CT

575 Bank St #206, New London, CT 06320

Affordable

2 beds

1 bath

$1,550

Apartment for rent

5d+ ago

Cheap apartment for rent in New London

APARTMENT - New London, CT

42 Spring St #1, New London, CT 06320

Affordable

1 bed

1 bath

$1,550

Apartment for rent

Nearby rental good for eco-living

$2,937

86 School St

Nearby rental good for pet owners

$2,500

32 Berkeley Ave #2

5d+ ago

Cheap apartment for rent in New London

APARTMENT - New London, CT

101 Riverview Ave #2, New London, CT 06320

Affordable | On-site laundry | Hardwood floor

2 beds

1 bath

$1,600

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap condo for rent in New London

7 Griswold Ct #1, New London, CT 06320

Affordable | In-unit laundry | Package service

3 beds

1 bath

$1,737

Condo for rent

Available May 22

Top amenities

In-Unit Laundry

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5d+ ago

Verified

848 Bank Street, New London, CT 06320

Affordable

2 beds

1 bath

$1,850

Apartment for rent

Available Jan 26

5d+ ago

Verified

159 Connecticut Avenue, New London, CT 06320

Affordable

3 beds

1 bath

$1,850

Apartment for rent

Available Jan 14

Find sweet deals near New London

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,500

New London

$1,550

New London

$1,550

New London

$1,587

New London

5d+ ago

Cheap apartment for rent in New London

2 Beds/ 1 Bath | 1st Floor| 848 Bank St

848 Bank St #1stFL, New London, CT 06320

Affordable

2 beds

1 bath

$1,850

Apartment for rent

Highly rated

3d ago

8.5

Very good

Waterford Woods

394 Willetts Ave, Waterford, CT 06385

Affordable | Garage parking | Storage

1–2 beds

1–2 baths

$1,855–$2,725

Apartment for rent

Top amenities

Garage Parking

Storage

1h ago

Cheap apartment for rent in New London

Affordable | In-unit laundry | Concierge service

3 beds

1 bath

$2,000

Apartment for rent

Available Jun 22

Top amenities

In-Unit Laundry

Package Service

64 Connecticut Ave #1stFL - Photo 1 of 1

5d+ ago

Cheap apartment for rent in New London

MULTI_FAMILY - New London, CT

64 Connecticut Ave #1stFL, New London, CT 06320

Affordable

3 beds

1 bath

$2,200

Apartment for rent

4d ago

8.4

Very good

Waterford Parc, LLC

22 Miner Ln, Waterford, CT 06385

Affordable

2 beds

2 baths

$2,250

Apartment for rent

5d+ ago

Cheap apartment for rent in New London

MULTI_FAMILY - New London, CT

18 Bank St, New London, CT 06320

Affordable | In-unit laundry | Dishwasher

2 beds

1.5 baths

$2,295

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Groton

33 Country Club Rd, Groton, CT 06340

Affordable | In-unit laundry | Package service

2 beds

1 bath

$2,437

House for rent

Available Jun 11

Top amenities

In-Unit Laundry

4d ago

Verified

130 Meridian Street #303, Groton, CT 06340

Affordable | In-unit laundry | Assigned parking

2 beds

2 baths

$2,500

House for rent

Available Jun 18

Top amenities

Air Conditioning

Assigned Parking

In-Unit Laundry

Income restricted

New construction

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

111 Clark Ln #2, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Income restricted

New construction

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

111 Clark Ln #45, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Income restricted

New construction

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

111 Clark Ln #46, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Income restricted

New construction

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

111 Clark Ln #47, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

Income restricted

New construction

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

111 Clark Ln #1, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,500

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

45 Olive St, Waterford, CT 06385

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$2,700

House for rent

Top amenities

Hardwood Floor

In-Unit Laundry

4d ago

Cheap house for rent in Waterford

SINGLE_FAMILY - Waterford, CT

4 Harbor View Ave, Waterford, CT 06385

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$2,800

House for rent

Top amenities

In-Unit Laundry

Swimming Pool

Showing 1 - 25 of 25 results

Home > Apartments in New London > New London Cheap Apartments For Rent

Updated: June 22, 2026

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