Average Rent in New London, CT

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Current Versus Historical New London, CT Rents

New London rentals average $1,195 for a studio rental to $2,400 for a 4-bedroom rental. The median price of all currently available listings is $1,550, or roughly $24 per square feet.

For the apartment units and housing in November 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $28 (2.24%) year-over-year from $1,267 to $1,295. 1-bedroom rentals prices have increased by $150 (11.11%) year-over-year from $1,350 to $1,500. 2-bedroom rentals prices have increased by $325 (19.40%) year-over-year from $1,675 to $2,000. 3-bedroom rentals prices have increased by $413 (18.44%) year-over-year from $2,238 to $2,650. 4-bedroom rentals prices have decreased by $508 (-22.02%) year-over-year from $2,308 to $1,800. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 9.28% this month. 1-bedroom rents have gone down by 2.01% this month. 2-bedroom rents have gone up by 4.80% this month. 3-bedroom rents have gone up by 18.30% this month. 4-bedroom rents have gone down by 40.00% this month.

Beds	Price / Sqft	Nov 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$38.85	$1,295	$1,267 (2.24%)	$946 (36.92%)
1 BR	$24.80	$1,500	$1,350 (11.11%)	$1,250 (20.00%)
2 BR	$13.94	$2,000	$1,675 (19.40%)	$1,445 (38.41%)
3 BR	$21.43	$2,650	$2,238 (18.44%)	$1,904 (39.17%)
4+ BR	$19.20	$1,800	$2,308 (-22.02%)	$1,938 (-7.10%)

Historical Rents in New London, CT

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near New London

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near New London

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near New London

There are a total of 2 counties located by New London, CT. Some of these counties include New London, CT and Groton, CT. The average rent for rentals in these counties is $2,013. That's roughly around $25 per sqft. A total of one county has a lower average rent. The county that is the most affordable is New London, CT. Its average rent per month is $1,550. Vice versa, with an average rent of $2,475, Groton, CT is the most expensive county by New London, CT.

Typically, rent for studios in New London, CT is 326.57% more affordable than other counties nearby. In comparison, rent for one bedroom listings in New London, CT is 6.86% more affordable than other counties nearby. Finally, rent for two bedrooms in New London, CT is 7.50% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
New London, CT	$1,195	$1,495	$2,000	$1,550
Groton, CT	$9,000	$1,700	$2,300	$2,475

Top Zipcodes Near New London

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - New London Average Rents

What is the average rent price in New London, CT?

The average monthly rental price for New London, CT apartments for rent is approximately $1,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do New London, CT rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in New London, CT.

How much is a studio apartment in New London, CT?

The average monthly rental price for studio apartments is $1,195 and an average price per square feet of $38.85. There are a total of 9 studio apartment listings currently available for rent in New London.

How much is a one bedroom apartment in New London, CT?

The average monthly rental price for one bedroom apartments is $1,495 and an average price per square feet of $24.80. There are a total of 19 one bedroom apartment listings currently available for rent in New London.

How much is a two bedroom apartment in New London, CT?

The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $13.94. There are a total of 11 two bedroom apartment listings currently available for rent in New London.

How have rent prices in New London, CT changed this year?

Rent prices for rentals in New London, CT can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.19%, three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in New London, CT?

A reasonable rent price in New London, CT is around $1,240/month. You can search for these reasonably priced rental listings on RentHop.