Last updated on June 15, 2026

Average rent in
New London, CT

Key takeaways for renters

  • The bottom line

    New London, CT rent rose 7.0% year over year, with a current median of $1,598/month. Renters today are paying $127 more per month on average than last year despite a modest month-over-month decline of 0.6%.

  • New London sits 18.1% more affordable than the $1,950/month national median, positioning it as a more accessible market for renters seeking value in the Northeast.

  • Price ranges

    Studios and 1-bedrooms in New London run around $1,450/month, 2-bedrooms at $1,795/month, and 3-bedrooms at $2,500/month, with 4+ bedrooms reaching $2,950/month. Houses have a median rent of $3,000/month, while apartments sit at $1,552/month, reflecting distinct price tiers across property types.

Median rent

Median rent in New London

$1,597/mo

increased by7%

vs previous year

The average rent in New London is $1,597 per month as of June 2026. This is 18% below the national average rent, or $352 less per month.

$1.40

average price per square foot

Total rentals

Available rentals in New London

58

for rent on Zumper.com as of June 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 1% over the last month and have increased by 7% 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 $1,552, whereas a house costs $3,000. 1-bedroom apartments in New London run $1,460 on average, while 2-bedroom apartments are $1,771.

Listings

Studio

$1,450

3%

61%

1 bedroom

$1,450

2%

5%

2 bedroom

$1,795

2%

10%

3 bedroom

$2,500

6%

35%

4 bedroom

$2,950

No Change

131%

Studio

Average rent

$1,450

Last 30 days

3%

Last year

61%

1 bedroom

Average rent

$1,450

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$1,795

Last 30 days

2%

Last year

10%

3 bedroom

Average rent

$2,500

Last 30 days

6%

Last year

35%

4 bedroom

Average rent

$2,950

Last 30 days

No Change

Last year

131%

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$1,597
decreased by18%

lower than the national median

Median rent price$1,900
decreased by3%

lower than the national median

Takeaway

The median rent for all rentals in New London, CT is 16% lower than the median rent in Colchester, CT.

Discover rentals in New London, CT

27 Jay St #1 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

APARTMENT - New London, CT

27 Jay St #1, New London, CT 06320

2 beds

1 bath

$1,500

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.

Apartment for rent

575 Bank St #206 - Photo 1 of 1

4d ago

Apartment for rent in New London

APARTMENT - New London, CT

575 Bank St #206, New London, CT 06320

2 beds

1 bath

$1,550

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

Apartment for rent

159 Connecticut Avenue - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

2 beds

1 bath

$1,550

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.

Apartment for rent

Available Mar 31

7 Griswold Ct #3 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

2 beds

1 bath

$1,587

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.

Apartment for rent

Available May 15

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 $1,597 per month as of June 13, 2026.

Is rent up or down in New London?

Average rent prices in New London have decreased by 1% over the last month and have increased by 7% since last year.

How does New London rent compare to the national average?

Rent in New London is 18% below the national average, which means renters are paying approximately $352 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?

New London's 2025 rental market shows one-bedroom apartments averaging around $1,500 per month, while two-bedroom units rent for around $1,900 monthly. These figures reflect current market conditions following recent price adjustments across different apartment sizes.

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).

Apartments for rent in Branford