3

New London, OH Condos for Rent

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  • /15

    $1,100 Per Month

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • Condo for Rent

    2035 Prospect Rd Unit 2, New London, OH 44851

    Property Id: 2780106 I have a new unit that will be available on September 15th 2026. I will schedule showings after September 1st. My last unit I listed was rented quickly. This unit won't last long. Accepting applications. Newly remodeled and well maintained 2 bedroom 1 bathroom apartment. Approximately 975 square feet of living space. Pergola with patio. Option to rent out garage space.

    2035 Prospect Rd Unit 2, New London, OH 44851
  • /27

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 985 Sq Ft
    • Condo for Rent

    2035 Prospect Rd Unit 2, New London, OH 44851

    Beautiful maintained newly remodeled apartment for rent. Everything is new and updated. 2 bedroom 1 bathroom. Renter pays electric. Trash and water is paid for. Option to add on a huge 3 bay garage for additional price. Quiet property sitting on over 1 acre. Beautiful country setting with offstreet parking. Washer and dryer hook up available. Available to well qualified renters. No pets No

    2035 Prospect Rd Unit 2, New London, OH 44851
  • /9

    $500 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    43 E Main St Unit . 3, New London, OH 44851

    Don't miss out on this rare opportunity to rent a studio apartment in downtown New London, OH. Located on East Main Street, this affordable unit features vinyl flooring throughout and inside stairwells from both the front and back of the building.This is an all-electric unit, and the tenant only pays for their electric usage: the owner pays water & for trash removal. There is public

    43 E Main St Unit . 3, New London, OH 44851

Frequently Asked Questions

How much does it cost to rent a condo in New London, OH?
The median rent for a condo in New London, OH is $500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in New London, OH?
To comfortably afford the median rent in New London, OH, a household needs to earn roughly $20,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $500 per month in New London, OH, renters typically need to show $1,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New London, OH?
In New London, OH, the price-to-rent ratio is 26.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$500
How to Rent a Home