Last updated on September 14, 2026

Average rent in
New London, CT

Key takeaways for renters

  • The bottom line

    New London, CT rent slipped 2.4% year over year, with a current median of $1,601/month. Renters today are paying $20 less per month on average than last year.

  • New London sits 15.7% more affordable than the $1,900/month national median, with 54 total rentals offering a smaller but accessible market for renters.

  • Price ranges

    Studios in New London rent for $1,450/month, 1-bedrooms for $1,500/month, 2-bedrooms for $1,886/month, 3-bedrooms for $2,350/month, and 4+ bedrooms for $3,650/month. These bedroom tiers reflect the range of rents available across the city.

  • Neighborhood spotlight

    The 4+ bedroom segment in New London climbed 32.7% year over year, contrasting with the overall citywide decline. This rise shows a distinct trend in larger unit rentals compared to the broader market.

Median rent

Median rent in New London

$1,601/mo

decreased by2%

vs previous year

The average rent in New London is $1,601 per month as of September 2026. This is 16% below the national average rent, or $299 less per month.

$1.09

average price per square foot

Total rentals

Available rentals in New London

54

for rent on Zumper.com as of September 2026

Rent price distribution

Share of New London rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in New London, CT

Average rent prices in New London have decreased by 2% over the last month and have decreased by 2% since last year.

Rent trends

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

Compare rent prices in New London, CT

Rent prices in New London vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New London is $1,597, whereas a house costs $2,950. 1-bedroom apartments in New London run $1,500 on average, while 2-bedroom apartments are $1,869.

Listings

Studio

$1,450

6%

135%

1 bedroom

$1,500

2%

2%

2 bedroom

$1,886

4%

3%

3 bedroom

$2,350

8%

4%

4 bedroom

$3,650

45%

35%

Studio

Average rent

$1,450

Last 30 days

6%

Last year

135%

1 bedroom

Average rent

$1,500

Last 30 days

2%

Last year

2%

2 bedroom

Average rent

$1,886

Last 30 days

4%

Last year

3%

3 bedroom

Average rent

$2,350

Last 30 days

8%

Last year

4%

4 bedroom

Average rent

$3,650

Last 30 days

45%

Last year

35%

The table above reflects average rent prices in 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.

How does rent in New London, CT compare to other cities?

Compare median rent prices in New London and Colchester by all bedroom counts and property types.

New London

Median rent price$1,601
decreased by16%

lower than the national median

Median rent price$1,725
decreased by9%

lower than the national median

Takeaway

The median rent for all rentals in New London, CT is 7% lower than the median rent in Colchester, CT.

Discover rentals in New London, CT

273 Ocean Ave - Photo 1 of 1

5d+ ago

Apartment for rent in New London

Master Bedroom

273 Ocean Ave, New London, CT 06320

1 bed

1 bath

$1,000

The price shown reflects a 12-month lease. Fees may apply.
27 Jay St #1 - Photo 1 of 1

4d ago

Apartment for rent in New London

Residential Rental, Apartment, New London, CT

27 Jay St #1, New London, CT 06320

2 beds

1 bath

$1,375

$1,275

Price drop

The price shown reflects a 12-month lease. Fees may apply.
7 Griswold Ct #3 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

2 beds

1 bath

$1,487

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.
575 Bank St #206 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

Residential Rental, Apartment, New London, CT

575 Bank St #206, New London, CT 06320

2 beds

1 bath

$1,495

The price shown reflects a 12-month lease. Fees may apply.

Stay up to date with rental market insights

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 New London, CT

Quick answers to common questions about the New London rental market.

How much is rent in New London?

The average rent in New London is $1,601 per month as of September 12, 2026.

Is rent up or down in New London?

Average rent prices in New London have decreased by 2% over the last month and have decreased by 2% since last year.

How does New London rent compare to the national average?

Rent in New London is 16% below the national average, which means renters are paying approximately $299 less per month.

What salary do I need to afford rent in New London?

To comfortably afford rent in New London, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in New London?

March offers the lowest rental prices in New London, running about 11% lower than February, which sees the highest rents of the year.

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).

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