Rentometer, Inc. | Data as of 10/23/2025
New London offers a vibrant rental market that blends historic charm with modern coastal living. Prospective renters will find a diverse mix of apartments and single‑family homes across the city’s well‑known neighborhoods such as the bustling downtown district, the serene shoreline community of Ocean Avenue, and the artistic enclave of the historic Fort Trumbull area. The waterfront provides easy access to the Thames River, marinas, and popular attractions like the Custom House Maritime Museum, while nearby cultural sites such as the Lyman Orchards and the historic New London County Courthouse add to the city’s appeal. With convenient transit options to the larger Greater New Haven region and a growing employment base anchored by the UConn Coastal Campus, the area attracts professionals, students, and families alike.
Rental options in New London span from sleek studio apartments in the $1500s to spacious three‑bedroom units that command prices in the $2000 range. Larger homes provide ample space for growing families, with four‑plus‑bedroom houses typically renting in the $3500 range. Whether you are seeking a walk‑up loft near the vibrant waterfront promenade, a family‑friendly house close to top‑rated schools, or a quiet apartment with park views, the city’s rental inventory accommodates a broad spectrum of lifestyles. The consistent demand for quality housing, combined with New London’s coastal amenities, historic sites, and thriving community events, makes it a compelling choice for anyone looking to enjoy Connecticut’s charming seaside city life.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,517 | $1,690 | $500 - $1,835 | $1,350 - $1,755 |
| Apartment | 1 Bedroom | $1,743 | $1,768 | $640 - $2,683 | $1,475 - $2,066 |
| Apartment | 2 Bedroom | $2,001 | $1,769 | $1,020 - $3,360 | $1,600 - $2,655 |
| Apartment | 3 Bedroom | $1,718 | $1,962 | $950 - $2,000 | $1,950 - $2,000 |
| House | 1 Bedroom | $1,733 | $1,600 | $1,600 - $2,000 | $1,600 - $2,000 |
| House | 2 Bedroom | $2,181 | $2,000 | $1,550 - $2,700 | $1,800 - $2,550 |
| House | 3 Bedroom | $2,528 | $2,450 | $1,900 - $3,300 | $2,200 - $3,000 |
| House | 4+ Bedroom | $3,647 | $3,497 | $2,450 - $6,000 | $2,900 - $4,000 |
In the current period, the average rent in New London was $1,518 for Studio, $1,743 for 1 Bedroom, $2,009 for 2 Bedroom, $2,349 for 3 Bedroom, and $3,291 for 4+ Bedroom.
Data provided by Rentometer, Inc.