Updated 1 Hour Ago
Highlights
- Off-street parking
- Heat included
- Shared laundry
- Unique layout
- Beautiful hardwood floors
- Pet friendly
Location
40 Franklin St #4, New London, CT 06320, USA
Tour 40 Franklin St #4
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Property Overview
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
Dishwasher- Outdoor space
Great for
Social life
Amenities for 40 Franklin St #4
Apartment Amenities
| Hardwood Floor |
Building
| Onsite Laundry | Steam |
Grounds
| Outdoor Space |
Other
| Four 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
About 40 Franklin St #4
Property Status: Active Not your typical apartment, and that's what makes it special! This charming, one-of-a-kind space is filled with character, featuring beautiful hardwood floors, original woodwork, vintage details, and a unique layout. Offering a kitchen, living room, full bathroom, and a small bonus room with endless possibilities. But the real hidden gem is outside! Step into a beautifully landscaped yard filled with mature trees, lush gardens, and a charming gazebo. The perfect place to enjoy your morning coffee, read a book, or simply relax and unwind. Best of all, you get to enjoy it without having to maintain it! Heat included, pet friendly, off-street parking, and shared laundry. A little funky, a lot of charm, and truly something special! 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 40 Franklin St #4 compares to other nearby properties.
Positives
- Dishwasher
- Kitchens at this address include dishwashers
- Outdoor space
- One or more rentals here have easy access to the outdoors
Address details
| Zip code | 06320 |
|---|---|
| Type | Apartment for rent |
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Rent trends in New London
studio apartments at 40 Franklin St #4 cost about 4% more than the average rent price for studio apartments in New London.
Median rents as of Oct 24 2026.
New London
| Month | Median Rent |
|---|---|
| November 2024 | $1,573 |
| 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 | $1,265 |
| June 2026 | $1,348 |
| July 2026 | $1,344 |
| August 2026 | $1,359 |
| September 2026 | $1,250 |
| October 2026 | $1,250 |
Affordability calculator
Can I afford to live at 40 Franklin St #4?
Bedrooms
StudioRent-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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this studio monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near 40 Franklin St #4
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
Neighborhood
Getting around New London near 40 Franklin St #4
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 40 Franklin St #4, New London
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
6/10
Variety of bars within a short drive
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