Last updated on October 29, 2026

Average rent in
New London, CT

Median rent

Median rent in New London

$1,600/mo

increased by2%

vs previous year

The average rent in New London is $1,600 per month as of October 2026. This is 16% below the national average rent, or $300 less per month.

$1.21

average price per square foot

Total rentals

Available rentals in New London

44

for rent on Zumper.com as of October 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 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 $1,566, whereas a house costs $3,000. 1-bedroom apartments in New London run $1,525 on average, while 2-bedroom apartments are $1,700.

Listings

Studio

$1,525

No Change

21%

1 bedroom

$1,550

No Change

4%

2 bedroom

$1,764

15%

2%

3 bedroom

$2,063

9%

1%

4 bedroom

$3,000

9%

No Change

Studio

Average rent

$1,525

Last year

21%

1 bedroom

Average rent

$1,550

Last 30 days

No Change

Last year

4%

2 bedroom

Average rent

$1,764

Last 30 days

15%

Last year

2%

3 bedroom

Average rent

$2,063

Last 30 days

9%

Last year

1%

4 bedroom

Average rent

$3,000

Last 30 days

9%

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 by16%

lower than the national median

Median rent price$1,900

Equal to the 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

55 Blackhall Street - Photo 1 of 1

1d ago

7.7

Very good

55 Blackhall Street

55 Blackhall St, New London, CT 06320

2 beds

1 bath

$1,250

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.
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

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.
30 Jefferson Ave #1 - Photo 1 of 1

2d ago

Apartment for rent in New London

30 Jefferson Ave #1, New London, CT 06320

2 beds

1 bath

$1,550

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.
7 Griswold Ct #1 - Photo 1 of 1

5d+ ago

Condo for rent in New London

2 beds

1 bath

$1,612

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.

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 $1,600 per month as of October 24, 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 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 $300 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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