Last updated on November 2, 2026

Average rent in
Naval Submarine Base New London, CT

Median rent

Median rent in Waterford

$2,100/mo

decreased by4%

vs previous year

The average rent in Waterford is $2,100 per month as of October 2026. This is 11% above the national average rent, or $200 more per month.

$1.86

average price per square foot

Total rentals

Available rentals in Waterford

195

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Waterford rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Naval Submarine Base New London, CT

Average rent prices in Waterford have decreased by 4% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Naval Submarine Base New London, CT

Rent prices in Waterford vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waterford is $1,950, whereas a house costs $2,800. 1-bedroom apartments in Waterford run $1,650 on average, while 2-bedroom apartments are $2,000.

Listings

Studio

$1,625

-

30%

1 bedroom

$1,700

-

8%

2 bedroom

$2,085

-

7%

3 bedroom

$2,463

-

1%

4 bedroom

$2,500

-

-

Studio

Average rent

$1,625

Last year

30%

1 bedroom

Average rent

$1,700

Last year

8%

2 bedroom

Average rent

$2,085

Last year

7%

3 bedroom

Average rent

$2,463

Last year

1%

4 bedroom

Average rent

$2,500

The table above reflects average rent prices in Naval Submarine Base New London, CT, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Naval Submarine Base New London, CT

37 Hamilton Ave - Photo 1 of 1

2d ago

7.8

Very good

37 Hamilton Ave

37 Hamilton Ave, Groton, CT 06340

1–3 beds

1 bath

$1,000–$2,200

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
27 N Main St #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Norwich

Residential Rental, Apartment, Norwich, CT

27 N Main St #1, Norwich, CT 06360

1 bed

1 bath

$1,150

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
53-67 Otis Street - Photo 1 of 1

2d ago

8.6

Very good

53-67 Otis Street

5367 Otis St, Norwich, CT 06360

2–3 beds

1 bath

$1,350–$1,700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
63 Otis St #63-2 - Photo 1 of 1

5d+ ago

Apartment for rent in Norwich

53-67 Otis Street - 63-2

63 Otis St #63-2, Norwich, CT 06360

2 beds

1 bath

$1,350

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Naval Submarine Base New London, CT

Quick answers to common questions about the Waterford rental market.

How much is rent in Waterford?

The average rent in Waterford is $2,100 per month as of October 31, 2026.

Is rent up or down in Waterford?

Average rent prices in Waterford have decreased by 4% since last year.

How does Waterford rent compare to the national average?

Rent in Waterford is 11% above the national average, which means renters are paying approximately $200 more per month.

What salary do I need to afford rent in Waterford?

To comfortably afford rent in Waterford, you'd need to earn approximately $84,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Colchester Estates
Central @ Waterford Woods
Westledge Apartments