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Low Income Apartments and Affordable Housing For Rent in New London, CT

Discover affordable housing in New London where there are 10+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Image of Winthrop Square

Winthrop Square

254 Eugene Oneill Dr, New London, Connecticut 06320

bed 1-4
Image of Bayonet Street Apartments

Bayonet Street Apartments

443 Bayonet St., New London, Connecticut 06320

bed 1-3
Image of Mohican Apartments

Mohican Apartments

281 State St, New London, Connecticut 06320

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
Image of Londonberry Gardens

Londonberry Gardens

220 Third Street, New London, Connecticut 06320

Image of Huntington Towers

Huntington Towers

149 Huntington St, New London, Connecticut 06320

switch_access_shortcut Short Wait
payment Income Based
Image of The Villages at Shore Landing

The Villages at Shore Landing

5 Nob Hill Rd, New London, Connecticut 06320

bed 1-2
Image of The Homes at Pride Point

The Homes at Pride Point

27 Boulder Dr, New London, Connecticut 06320

bed 2-3
payment $1075-1175/mo.
Image of New London Communities II

New London Communities II

160 Hempstead Street, New London, Connecticut 06320

Image of Thames River Apartments

Thames River Apartments

127 Hempstead St, New London, Connecticut 06320

Image of Progress Point

Progress Point

71 Redden Avenue, New London, Connecticut 06320

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in New London, Connecticut

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
 Low income apartments with no or short waiting lists.
payment Subsidized
 Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
 Apartments that accept Section 8 vouchers near you
elderly Senior
 Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
 Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
 Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
 Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In New London, Connecticut
$29.47/hour
$13.78 (+88%) more than Connecticut minimum wage and $22.22 (+306%) more than the Federal minimum wage.
Learn More About New London, Connecticut Affordable Housing ↓

What HUD offices serve New London, Connecticut?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

New London Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for New London, Connecticut.

Go to the Connecticut Public Housing and Low-Income Apartments Waiting Lists page for openings near New London.

How many renters live in New London, Connecticut?

The City of New London has people living in households.

There are renters living in renter households in this City. Renters make up 45.99 percent of the population living in New London.

What is the rental market like in New London, Connecticut?

There are an estimated housing units in the New London area. Of these, units are rental homes, making up percent of the housing market. For every renter household in New London, Connecticut, there are 1.04 rental units.

What is the vacancy rate for rentals in New London?

The rental vacancy rate in New London is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in New London for each bedroom size?

Occupied Rental Units by Size in New London
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
765 1,916 2,590 1,116 134
Occupied Rental Units by Size in New London

A large number of apartments in New London have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in New London

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,055 to $2,625. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,055
One BR $1,263
Two BR $1,556
Three BR $2,030
Four BR $2,625
2024 Fair Market Rents in New London, Connecticut

How many units are rented at Fair Market Rent (FMR) in New London?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 494 65 percent
One BR 1,272 66 percent
Two BR 1,797 69 percent
Rental Units Below FMR in New London, Connecticut

How many affordable rental units are in New London?

There are a variety of federal affordable housing programs serving households in New London, Connecticut including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in New London, Connecticut

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in New London, Connecticut

New London features 364 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in New London, Connecticut

There are 519 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New London.

Housing Choice Vouchers in New London, Connecticut

On average, Section 8 Housing Choice vouchers pay New London landlords $1,100 per month towards rent. The average voucher holder contributes $400 towards rent in New London.

The maximum amount a voucher would pay on behalf of a low-income tenant in New London, Connecticut for a two-bedroom apartment is between $1,400 and $1,712.

Sourced from federal housing data and AffordableHousingOnline.com research.