The Beam
221 Howard St,
New London, CT 06320
$1,763 - $2,570 Total Monthly Price
Studio - 2 Beds
Waterford
Waterford, CT Area Guide
This classically New England town provides incredible views of the Atlantic
Suburban
•
Ocean
•
Laidback
•
Nature
•
Boating
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The homes, apartments, and overall atmosphere of Waterford are undeniably New England. The town’s proximity to the Long Island Sound mean there’s an emphasis on seafood and coastal living, especially in the summer. New London shares a border on the east, and Waterford itself is less than an hour from both New Haven and Providence.
Residents enjoy a vibrant landscape of lush foliage and trees, and there’s an incredible variety of local eateries in Central Waterford. The emphasis on greenery doesn’t stop at the water. There’s a number of parks that are perfect for renters and their canine friends, and Harkness Memorial State Park if you’re looking to take a longer hike.
Besides the easy access to the water, renting an apartment in Waterford also puts you close to the incredible character of New England. With I-95 and I-395 nearby, you can explore the rest of the region easily.
Rent Trends
As of March 2026, the average apartment rent in Waterford, CT is $1,406 for one bedroom, and $2,184 for two bedrooms. Apartment rent in Waterford has increased by 1.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,406/month
826 Sq Ft
House
$2,901/month
1,531 Sq Ft
Condo
$1,749/month
1,524 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Waterford, CT is for everyday living.
Car-Dependent
36
/ 100
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
1
/ 100
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
36
/ 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Scores provided by Walk Score
Schools
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades K-5
Public
Grades 6-8
Dual Language & Arts Magnet Middle School
Public
Grades 6-8
148 Students
LEARN SAILS Middle School Program
Public
Grades 6-8
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Fort Trumbull State Park
- Children's Museum of Southeastern Connecticut
- Fort Griswold State Park
- Connecticut College Arboretum
- McCook Point Park & Beach
Commuter Rail
Top Apartments in Waterford
Houses for Rent in Waterford
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.