Zumper

187 Bank St
187 Bank St, New London, CT 06320, USA

Apartment for rent
Monthly rent
$1,825–$1,995The price shown reflects a 12-month lease. Fees may apply.
Beds2
Baths1
Sqft870–1,000
modified
5+ Days Ago

Property Overview

A centrally located New London address with extensive photo coverage offers a clear view of interior and exterior details before visiting in person. The strong online presentation, including 47 photos, makes it easier to evaluate condition, layout, and style, supporting confident decision-making for a variety of rental needs.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images Available

Great for

  • Social life

Highlights

  • hardwood floors
  • off-street parking
  • separate dining room
  • beautiful views
  • waterfront

Units

187 Bank St New London, CT

New Listing

302

2 Beds

1 Bath

$1,825

Listed on 05/20/2026
Listed by Dawn Field
Days on market: 5
Property Status: Active This Bank Street apartment delivers the space you've been looking for! Featuring 2 bedrooms, a large primary bedroom, separate dining room, and an L-shaped living room that gives you flexibility for both relaxing and entertaining. Hardwood floors run throughout the apartment, and the full bathroom includes a bathtub. Off-street parking available. Talk about location - enjoy being right in the heart of downtown New London with easy access to local restaurants, cafes, shops, galleries, live entertainment, and the waterfront. Walk or bike to the train station, Electric Boat, and the Block Island Ferry for quick weekend escapes. City living just makes sense here. Office Phone: (860) 739-0888 Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

195-202

2 Beds

1 Bath

$1,995

Listed on 05/20/2026
Listed by Dawn Field
Days on market: 5
Property Status: Active Welcome to downtown New London living with a view. This oversized 2-bedroom apartment sits on the 3rd floor right in the heart of Bank Street, surrounded by a very wide variety of dining experiences, cafes, local art, bookstores, shows, and so much more just steps from your door. Inside, you'll find a bright and sunny layout with oversized windows, hardwood floors, and beautiful views stretching toward the water and Long Island Sound. Walk or bike to Electric Boat, take a quick walk to the train station, or hop on the ferry to Block Island for an easy summer escape. Pet friendly. Office Phone: (860) 739-0888 Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 187 Bank St

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Hardwood Floor
  • Dishwasher

Policies at 187 Bank St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 187 Bank St

HomeApartments in New London 187 Bank St #302, New London, CT 06320, USA

Check out this charming property located at 187 Bank St, New London, CT 06320, USA! This intimate 2-unit building offers a spacious 2-bedroom floorplan, with units ranging in size from 870 to 1000 square feet. Enjoy beautiful views of the waterfront from the comfort of your oversized apartment. Key highlights include hardwood floors, off-street parking, and a separate dining room. Additional amenities include a dishwasher for added convenience. With only two units, this property offers a peaceful and serene living environment. One of the best features of this property is its stunning waterfront location, providing a tranquil atmosphere. Currently, there is 1 active unit.

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Address details

Units2
Units available2
City
Zip code06320

187 Bank St #302 is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • Diverse age groups live in this area
  • 26 theaters, music venues, or sports arenas nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 187 Bank St, New London, CT 06320, USA compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in New London

If you decide to upgrade your space, you can expect 2-bedrooms at 187 Bank St #302 to be 5% more than the average for similarly sized apartments in New London.

Median rents as of May 23 2026.
New London
A table of studio rental data trends in New London
MonthMedian Rent
June 2024$1,486
July 2024$1,444
August 2024$1,635
September 2024$1,612
October 2024$1,510
November 2024$1,565
December 2024$1,442
January 2025$1,299
February 2025$1,289
March 2025$1,302
April 2025$1,329
May 2025$1,334
June 2025$1,291
July 2025$1,260
August 2025$1,250
September 2025$1,250
October 2025$1,254
November 2025$1,284
December 2025$1,300
January 2026$1,299
February 2026$1,296
March 2026$1,250
April 2026$1,250
May 2026$1,256

Affordability calculator

Can I afford to live at 187 Bank St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$76,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $76,400 annually to afford this 2-bedrooms median monthly rent price of $1,910.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 187 Bank St, New London, CT.
Last month$1,9502 bed1 bath
1 year ago$1,7502 bed1 bath
1 year ago$1,7952 bed1 bath
1 year ago$1,7952 bed1 bath

Schools near 187 Bank St #302

Mystic River Magnet School

160 fish town rd

mystic, CT, 6355

PK, K-5Public
B-

Westerly Inclusion Preschool P

23 highland ave

westerly, RI, 2891

PKPublic

Oysterponds Elementary School

23405 main rd

orient, NY, 11957

PK, K-6Public
B
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Getting around New London near 187 Bank St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 187 Bank St, New London

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

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