Homes for Rent in 06340

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What to Know About

Life in Groton & Beyond

Groton shares many of the great qualities that make Connecticut a desirable place to live.

Connecticut is known for its picturesque coastline, beautiful beaches, affluent suburbs, and world-class educational opportunities. It is home to some of the most prestigious universities in the nation, including Yale University and the University of Connecticut. These institutions have produced some of the most brilliant minds in history, and the state continues to attract top scholars and researchers worldwide. Learn about the state's rich heritage at museums like the Connecticut Historical Society Museum, Mark Twain House & Museum, the Wadsworth Atheneum Museum of Art, and the Connecticut Science Center.

The state offers endless opportunities. Residents can enjoy the rolling hills of the Connecticut countryside, scenic beaches along the Long Island Sound, the Appalachian Trail for hiking and camping, and skiing in the Litchfield Hills. In addition, explore famous attractions like the Mystic Seaport Museum, the Hartford Stage, and the New Britain Museum of American Art.

With its breathtaking landscapes, lively cities, and top-notch quality of life, Connecticut is the perfect place for those seeking a unique blend of beauty and excitement. So embrace the Constitution State and discover why Connecticut is an excellent place to call home.

Rental Market Trends

Groton, CT

As of January 2026, Groton's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Groton's average rent is 7.1% ($156) lower than the Connecticut average of $2,190 and 15.6% ($275) higher than the U.S. average of $1,759.

Average Rent
$2,034
Monthly ChangeMonth Over Month Change
Increased0.8% ($16)
Yearly ChangeYear Over Year Change
Increased4.7% ($91)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,824 Increased1.3% ($23) Decreased1.2% ($22)
2 Beds $2,187 Increased1.3% ($28) Increased5.1% ($107)
3 Beds $2,579 Increased0.6% ($15) Decreased2% ($53)
Nearby Cities Average Rent Avg. Rent vs. GrotonAverage Rent vs. Groton Avg. Days on MarketAverage Days on Market
New London $2,056 Increased1.1% ($22) 37 days
Waterford $2,195 Increased7.9% ($161) 39 days
Niantic $2,049 Increased0.7% ($15) 41 days
Norwich $1,914 Decreased5.9% ($120) 37 days
Taftville $1,368 Decreased32.7% ($666) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Groton Rental Market FAQs

Explore rental prices, market trends, and availability in Groton, CT.

The average rent in Groton, CT is $2,034 per month.
Homes in Groton typically rent for between $1,277 and $3,353 per month, with an average of $2,034 per month.
In Groton, the average rent for a 1-bedroom home is $1,824 per month, for a 2-bedroom home, $2,187 per month, and a 3-bedroom home is $2,579 per month.
The average rent in Groton is 15.6% ($275) higher than the national average of $1,759 per month.
The average rent in Groton has increased by 0.8% ($16) in the last month and increased by 4.7% ($91) over the past year.
The rental market in Groton, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Groton, CT, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 24 rental properties available in Groton, CT.
Based on the current averages, a household would need an annual income of $87,480 to comfortably afford a 2-bedroom home in Groton.
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