Last updated on July 30, 2026

Average rent in
New London, CT

Key takeaways for renters

  • Where New London rent stands today

    New London, CT rent is essentially flat year over year, with a current median of $1,600/month. Renters are paying roughly the same as last year, with a negligible $5 decrease per month on average.

  • Compared to national trends

    New London is 17.1% more affordable than the $1,930/month national median. The city offers a smaller but accessible market with 51 total rentals available for prospective renters.

  • Price ranges

    Studios rent for about $1,450/month, 1-bedrooms around $1,475/month, and 2-bedrooms near $1,819/month. Larger units like 3-bedrooms and 4+ bedrooms reach $2,600/month and $2,950/month respectively, providing options for different household sizes.

  • Neighborhood spotlight

    Studio apartments in New London have risen 16.0% year over year, while 3-bedroom and 4+ bedroom units climbed 11.8% and 11.3% respectively. These increases contrast with the overall flat citywide rent trend and reflect stronger demand in larger and smaller unit segments.

Median rent

Median rent in New London

$1,600/mo

Flat

vs previous year

The average rent in New London is $1,600 per month as of July 2026. This is 17% below the national average rent, or $330 less per month.

$1.58

average price per square foot

Total rentals

Available rentals in New London

51

for rent on Zumper.com as of July 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 remained the same over the last month and have remained the same 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 $1,583, whereas a house costs $2,950. 1-bedroom apartments in New London run $1,475 on average, while 2-bedroom apartments are $1,819.

Listings

Studio

$1,450

2%

50%

1 bedroom

$1,475

1%

1%

2 bedroom

$1,819

No Change

1%

3 bedroom

$2,600

10%

25%

4 bedroom

$2,950

25%

50%

Studio

Average rent

$1,450

Last 30 days

2%

Last year

50%

1 bedroom

Average rent

$1,475

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$1,819

Last 30 days

No Change

Last year

1%

3 bedroom

Average rent

$2,600

Last 30 days

10%

Last year

25%

4 bedroom

Average rent

$2,950

Last 30 days

25%

Last year

50%

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$1,600
decreased by17%

lower than the national median

Median rent price$2,299
increased by19%

higher than the national median

Takeaway

The median rent for all rentals in New London, CT is 30% lower than the median rent in Colchester, CT.

Average rent in nearby cities

Explore rent trends in neighboring markets

Colchester

$2,299

increased by1%
Last year
East Haddam

$2,288

increased by114%
Last year
Griswold

$1,650

increased by15%
Last year
Groton

$2,200

increased by8%
Last year
Ledyard

$1,800

decreased by13%
Last year
Montville

$1,700

N/A
Last year

Discover rentals in New London, CT

7 Prest St #4 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

7 Prest St #4, New London, CT 06320

1 bed

1 bath

$1,000

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

Apartment for rent

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. Fees may apply.

Apartment for rent

575 Bank St #206 - Photo 1 of 1

5d+ 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

7 Griswold Ct #3 - Photo 1 of 1

5d+ ago

Apartment for rent in New London

7 Griswold Ct #3, New London, CT 06320

2 beds

1 bath

$1,562

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

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 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 $1,600 per month as of July 25, 2026.

Is rent up or down in New London?

Average rent prices in New London have remained the same over the last month and have remained the same since last year.

How does New London rent compare to the national average?

Rent in New London is 17% below the national average, which means renters are paying approximately $330 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?

Based on Zumper's July 2026 data, one-bedroom apartments in New London average around $1,460/month and two-bedrooms approximately $1,890/month.

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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198 Montauk Avenue, New London, CT 06320, USA
207 Bank Street, New London, CT 06320, USA
883 Montauk Ave, New London, CT 06320, USA
130 Norwood Ave, New London, CT 06320, USA
18 Bank St, New London, CT 06320, USA
149 Garfield Ave, New London, CT 06320, USA
209 Bank Street, New London, CT 06320, US
23 Moore Ave, New London, CT 06320, USA
9 Brewer St, New London, CT 06320, USA
12 Sharaf St, New London, CT 06320, USA
215 Bank St, New London, CT 06320, USA
249 Pequot Avenue, New London, CT 06320, USA
333 Ocean Avenue, New London, CT 06320, USA
42 Parkway S, New London, CT 06320, USA
53 Prest St, New London, CT 06320, USA
640 Williams St, New London, CT 06320, USA
7 Griswold Ct, New London, CT 06320, USA
84 Maple Ave, New London, CT 06320, USA
34 Channing St, New London, CT 06320, USA
32 Berkeley Ave, New London, CT 06320, USA