Updated 1 Day Ago
Location
187 Bank St Apt 205, New London, CT 06320, USA
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Property Overview
187 Bank St Apt 205 offers a strong value per square foot and a generous set of 34 photos, giving a clearer view of the space. It also stands out for an active social scene, walkable surroundings, transit access, and a mix of nearby entertainment options and diverse age groups in the area.
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
More space- Images Available
Great for
Social life
Amenities for 187 Bank St Apt 205
Apartment Amenities
| Hardwood Floor |
Appliances
| Dishwasher |
Other
| Hot Water Heating | Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 187 Bank St Apt 205
Property Status: Pending 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. Pet Friendly. One year lease. $300 pet deposit 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.
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 Apt 205 compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 5648 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 06320 |
|---|---|
| Type | Apartment for rent |
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Rent trends in New London
2-bedroom apartments at 187 Bank St Apt 205 cost about 6% more than the average rent price for 2-bedroom apartments in New London.
Median rents as of Sep 12 2026.
New London
| Month | Median Rent |
|---|---|
| September 2024 | $1,875 |
| October 2024 | $1,837 |
| November 2024 | $1,797 |
| December 2024 | $1,760 |
| January 2025 | $1,768 |
| February 2025 | $1,914 |
| March 2025 | $1,830 |
| April 2025 | $1,775 |
| May 2025 | $1,744 |
| June 2025 | $1,789 |
| July 2025 | $1,810 |
| August 2025 | $1,861 |
| September 2025 | $1,792 |
| October 2025 | $1,800 |
| November 2025 | $1,702 |
| December 2025 | $1,671 |
| January 2026 | $1,885 |
| February 2026 | $1,900 |
| March 2026 | $1,861 |
| April 2026 | $1,851 |
| May 2026 | $1,867 |
| June 2026 | $1,798 |
| July 2026 | $1,843 |
| August 2026 | $1,933 |
| September 2026 | $1,910 |
Affordability calculator
Can I afford to live at 187 Bank St Apt 205?
Bedrooms
2 bedroomsRent-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
$79,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,000 annually to afford this 2-bedrooms monthly rent price of $1,975.
For more information on rent affordability, visit our rent calculator.
Schools near 187 Bank St Apt 205
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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Internet available near 187 Bank St Apt 205
Getting around New London near 187 Bank St Apt 205
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 Apt 205, New London
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Variety of cafés within a short drive
Restaurants
8/10
Wide 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
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 187 Bank St Apt 205
Rainbow Grocery
224 State St
Zambala Grocery Store
143 State St
Fiddleheads Food Cooperative
13 Broad St
Fiesta Market
83 Mountain Ave
Pezzello Brothers Fruit & Produce
148 Jefferson Ave
Wrap It Up Gift Boutique LLC
211 Bank St
New England Clothing Co LLC
300 State St
Shalett's Cleaners
2 Montauk Ave
Family Dollar
48 Ocean Ave
Family Dollar
280 Broad St
Muddy Waters Cafe
42 Bank St
Washington Street Coffee House
13 Washington St
Dunkin'
175 Broad St
Dunkin'
75 Poquonnock Rd
Dunkin'
380 Colman St
Favorites Bistro Bar
90B Bank St
Blue Duck Bar & Kitchen
52 Bank St
Dutch Tavern
23 Green St
Oasis Pub
16 Bank St
Smoke Zone
1 Ocean Ave
Brie & Bleu Cheese Store
84 Bank St
New London Bakery
92 Truman St
Elim Bakery
623 Bank St
Fisher Florist Corp
87 Broad St
Dockside Seafood LLC
114 Smith St
Waterfront Park
Perkins Green
Garden
Village Green
Garden
Mambo Bar & Restaurant
200 Bank St
Social
208 Bank St
Bank Street Bullies Restaurant LLC
165 Bank St
Noodles & Rice Bistro LLC
165 Bank St
Delicias Restaurant LLC
223 Bank St
Bank St & Customs House
New London - New London Mall, Waterford Commons, Crystal Mall and New London Shopping Ctr, New London - Waterford Local Night Service, New London - Niantic via Boston Post Rd & Crossroads Wal-Mart
Bank St & Sparyard St
New London - Waterford Local Night Service, New London - New London Mall, Waterford Commons, Crystal Mall and New London Shopping Ctr, New London - Niantic via Boston Post Rd & Crossroads Wal-Mart
Bank St & Sparyard St
New London - Crystal Mall & New London Shopping Ctr, New London - Niantic via Boston Post Rd & Crossroads Wal-Mart
Eugene O'neill Dr & State St
New London - Niantic via Boston Post Rd & Crossroads Wal-Mart, New London - Crystal Mall & New London Shopping Ctr
State St & Green St
New London - Crystal Mall & New London Shopping Ctr, New London - Lawrence Mem Hosp & Ocean Bch
New London
Shore Line East Train
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