What is the average apartment size in New London?

The average size for a New London, CT apartment is 704 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in New London?

As of Sep / 2025, the average rent in New London is $1,718 per month, a 1.53% decrease from last year’s average of $1,745.

How much does rent cost by apartment size in New London?

In New London, studios rent for $1,415 per month, one-bedroom units average $1,667 per month, two-bedrooms cost around $1,855 per month, and three-bedroom apartments rent for about $1,847 per month

What is the average apartment size in New London?

The typical apartment in New London offers about 704 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in New London?

Studio apartments in New London average 490 sq. ft., one-bedrooms offer 626 sq. ft., two-bedrooms are about 824 sq. ft., and three-bedroom apartments average 1,125 sq. ft.

New London, CT Rental Market Trends

Q: What's the typical rent budget in New London?

The typical rent budget in New London ranges from $1,501 to $2,000 per month, with 68% of rentals in this range.

Q: Do most people rent or own in New London?

In New London, 60% of households rent while 40% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in New London is $1,718, a 1.53% decrease compared to the previous year, when the average rent was $1,745.

Studio Apartments at $1,415 offer the most budget-friendly option with 490 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 626 square feet for $1,667, balancing privacy and affordability.

Two-beedroom units at $1,855 offer 824 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,125 sq ft) for $1,847, suitable for larger households.

Average rent in New London, CT

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,718	704 sq. ft.
Studio	$1,415	490 sq. ft.
1 Bed	$1,667	626 sq. ft.
2 Beds	$1,855	824 sq. ft.
3 Beds	$1,847	1,125 sq. ft.

New London, CT rent trends

Rental prices in New London, CT have decreased by 1.53% over the past year. The average rent moved from $1,745 to $1,718.

What's the typical rent budget in New London, CT?

The largest share of rentals in New London, CT (68%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in New London, CT?

6,935 or 60% of the households in New London, CT are renter-occupied while 4,634 or 40% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How New London Compares to Other Cities

City	Average Rent
New London	$1,718
Norwalk	$2,757
New Haven	$2,334
Stamford	$2,962
Meriden	$1,655
Bridgeport	$1,703
Middletown	$1,883
Waterbury	$1,476
Norwich	$1,618
Danbury	$2,481
West Haven	$1,518

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New London apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.