Renter Resources
Steps to Take After a Rental Scam
You just realized you gave money to a fraudulent landlord. Follow these six proven steps to limit financial damage, protect your identity, and maximize your chances of recovery.
•8 min read
Viewing 1-13 of 13 rentals in New London
What to Know About
Life in New London & Beyond
New London 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
New London, CT
As of June 2025, New London's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New London's average rent is 30.3% ($638) lower than the Connecticut average of $2,105 and 17.8% ($317) lower than the U.S. average of $1,784.
Average Rent
$1,467
Monthly ChangeMonth Over Month Change
0.7% ($10)
Yearly ChangeYear Over Year Change
26.9% ($541)
Avg. Days on MarketAverage Days on Market
37
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,457 | 0.5% ($7) | 13.7% ($175) |
| 2 Beds | $1,684 | 14.2% ($278) | 2.9% ($51) |
| 3 Beds | $2,025 | 6.4% ($139) | 3.6% ($75) |
| Nearby Cities | Average Rent | Avg. Rent vs. New LondonAverage Rent vs. New London | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Groton | $1,916 | 30.6% ($449) | 39 days |
| Waterford | $2,197 | 49.8% ($730) | 39 days |
| Niantic | $1,942 | 32.4% ($475) | 41 days |
| Norwich | $2,116 | 44.2% ($649) | 37 days |
| Essex | $2,528 | 72.3% ($1061) | 37 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New London Rental Market FAQs
Explore rental prices, market trends, and availability in New London, CT.
The average rent in New London, CT is $1,467 per month.
Homes in New London typically rent for between $1,020 and $2,633 per month, with an average of $1,467 per month.
In New London, the average rent for a 1-bedroom home is $1,457 per month, for a 2-bedroom home, $1,684 per month, and a 3-bedroom home is $2,025 per month.
The average rent in New London is 17.8% ($317) lower than the national average of $1,784 per month.
The average rent in New London has increased by 0.7% ($10) in the last month and decreased by 26.9% ($541) over the past year.
The rental market in New London, CT, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New London, CT, the average rental stays on the market for approximately 37 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 13 rental properties available in New London, CT.
Based on the current averages, a household would need an annual income of $67,360 to comfortably afford a 2-bedroom home in New London.
