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Rental Market Trends in Groton, CT

What is the average rent in Groton, CT?

$1,792/month

Average Rent

737 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of June 2025, the average rent in Groton, CT is $1,792 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Groton rent prices are 10% higher than the national average. When you rent an apartment in Groton, you can expect to pay about $1,758 per month for a studio, $1,792 for a one-bedroom apartment, and around $2,047 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,791 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,758/month
518 Sq Ft
One Bedroom
$1,792/month
737 Sq Ft
Two Bedroom
$2,047/month
980 Sq Ft
Three Bedroom
$2,791/month
1,414 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$7,135/month
1,971 Sq Ft
Four Bedroom
$8,745/month
2,295 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,343/month
1,075 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Groton, CT?

In the past year, rent has decreased by 1.3%, which averages out to $23 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Groton, CT
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Groton, CT
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
5% $1,001 - $1,500/month
50% $1,501 - $2,000/month
41% Above $2,000/month

What salary do I need to live comfortably in Groton, CT?

Because the average rent in Groton is $1,792, you’ll want to make about $5,973 per month or $71,676 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Groton, CT

855 Available Apartments for Rent

Search for Nearby Apartments

How does Groton, CT compare to other nearby cities and neighborhoods?

Use the tool below to compare Groton, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Groton, CT

Apartment Averages

Nearby City Rent Trends

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Apartment communities in Groton we think you'll love

Pleasant Valley Apartments

Pleasant Valley Apartments

700 Pleasant Valley Rd N,
Groton, CT 06340

Studio - 2 Beds | $1,800 - $2,440

Triton Square Apartments

Triton Square Apartments

1 Triton Sq,
Groton, CT 06340

Studio - 2 Beds | $2,029 - $3,225

60 Mansfield Road Phase II

60 Mansfield Road Phase II

22 Georgetown Rd,
New London, CT 06320

Studio - 2 Beds | $1,447 - $3,600

The Ledges Apartment Homes

The Ledges Apartment Homes

11 Ledgewood Rd,
Groton, CT 06340

1-2 Beds | $1,914 - $4,961

Property Management Companies in Groton, CT

A.R. Building Company
A.R. Building Company
  • 60

    Communities

  • 9,714

    Units

  • 47

    Cities

3 Communities in Groton
Beachwold Residential
Beachwold Residential
  • 60

    Communities

  • 14,800

    Units

  • 42

    Cities

3 Communities in Groton
The Simon Konover Company
The Simon Konover Company
  • 34

    Communities

  • 5,446

    Units

  • 26

    Cities

3 Communities in Groton
SHP Management Corporation
SHP Management Corporation
  • 21

    Communities

  • 2,855

    Units

  • 20

    Cities

2 Communities in Groton
b7 Properties, LLC
b7 Properties, LLC
  • 10

    Communities

  • 646

    Units

  • 9

    Cities

2 Communities in Groton
Jefferson Apartment Group
Jefferson Apartment Group
  • 34

    Communities

  • 9,105

    Units

  • 27

    Cities

1 Community in Groton
FPA Multifamily LLC
FPA Multifamily LLC
  • 29

    Communities

  • 5,716

    Units

  • 25

    Cities

1 Community in Groton
NBM Management
NBM Management
  • 17

    Communities

  • 3,558

    Units

  • 14

    Cities

1 Community in Groton

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United States Connecticut Groton Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity