Apartments for Rent in New London, CT

The best apartments in New London, CT are: Eagle Pointe, 120 Broad Street, 27 Jay Street, Vessel - Bank Street and Courtview Square Apartments.

The average rent in New London, CT is $1,731.

The price range for a studio apartment in New London, CT is between $1,100 and $3,615.

The price range for a 1-bedroom apartment in New London, CT is between $1,090 and $3,085.

The price range for a 2-bedroom apartment in New London, CT is between $1,184 and $3,622.

The price range for a 3-bedroom apartment in New London, CT is between $1,275 and $3,615.

In New London, 64% of the residents are renting compared to 36% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 17% of New London's rentals, 75% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in New London are about 44 years old, on average. Of these, 25% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 76% of the rental communities here are low-rise, garden-style communities, 21% are mid-rises, and 8% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in New London are around 12% of rentals, while 1-bedroom floor plans represent 43% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 31% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.