Rent in New London, CT
A 2-bedroom in New London, CT (ZIP 06320) typically rents for about $1,425 a month, with a range of $1,425–$1,902. Owner-occupied homes in Southeastern Connecticut Planning Region pay about 1.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $828 | $828–$1,324 | 1 |
| 1 bed | $1,216 | $1,216–$1,518 | 1 |
| 2 beds | $1,425 | $1,425–$1,902 | 1 |
| 3 beds | $1,520 | $1,520–$2,418 | 1 |
| 4 beds | $2,230 | $2,230–$2,995 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
New London ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New London, CT?
- About $1,425 a month: the median of the typical rents in 1 ZIP code, which range from $1,425–$1,902. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New London, CT?
- About $1,216 a month: the median of the typical rents in 1 ZIP code, which range from $1,216–$1,518. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New London, CT?
- About $1,520 a month: the median of the typical rents in 1 ZIP code, which range from $1,520–$2,418. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New London, CT?
- About $828 a month: the median of the typical rents in 1 ZIP code, which range from $828–$1,324. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New London, CT?
- About $2,230 a month: the median of the typical rents in 1 ZIP code, which range from $2,230–$2,995. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New London, CT?
- Owner-occupied homes in Southeastern Connecticut Planning Region pay a typical 1.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these New London rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).