What's the average rent in New London, CT?

Rental Market Trends in New London, CT

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in New London, CT is $1,700 per month, which is 13% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,700
2.4%
$40 increase month-over-month
9.2%
$144 increase year-over-year

AVAILABLE RENTALS

99

APARTMENTS

$1,546

HOUSES

$2,750

TOWNHOUSES

$2,500
As of August 2026, apartments are the most affordable rental option in New London, CT at $1,546 per month, while houses are the most expensive at $2,750 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,500
2 Bedrooms$1,925
3 Bedrooms$2,200
4 Bedrooms$2,250
All$1,700
As of August 2026, the average rent for a 1 bedroom rental in New London, CT is $1,500 per month, followed by $1,925 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,250 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +6% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)

Rent distribution

49% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $500 to $5,000.
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