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Rental Market Trends in Niantic, CT

What is the average rent in Niantic, CT?

$1,526/month

Average Rent

489 Sq Ft

Average Apartment Size

-4.3%

Decrease in the Last Year

As of September 2025, the average rent in Niantic, CT is $1,526 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means Niantic rent prices are 7% lower than the national average. When you rent an apartment in Niantic, you can expect to pay about per month for a studio, $1,526 for a one-bedroom apartment, and around $1,960 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,064 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,526/month
489 Sq Ft
Two Bedroom
$1,960/month
1,053 Sq Ft
Three Bedroom
$3,064/month
1,990 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Niantic, CT?

In the past year, rent has decreased by 4.3%, which averages out to $65 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 September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Niantic?

Based on current rent prices, Southwest New London/Lyme is the most affordable neighborhood in Niantic.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,327/month
786 Sq Ft

What are the most expensive neighborhoods in Niantic?

Based on current rent prices, Southwest New London/Lyme is the most expensive neighborhood in Niantic.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,327/month
786 Sq Ft

Which Niantic neighborhoods have the most rentals available?

The neighborhood in Niantic with the most apartments available is Southwest New London/Lyme .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,327/month
786 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Niantic is $1,526, you’ll want to make about $5,086 per month or $61,032 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

Niantic, CT

55 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Niantic, 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 Niantic, CT

Apartment Averages

Southwest New London/Lyme

Niantic, CT

Southwest New London/Lyme

Niantic, CT

Studio
$1,800/month
$1,800/month
One Bedroom
$1,756/month
$1,756/month
Two Bedroom
$2,383/month
$2,383/month
Three Bedroom
$2,854/month
$2,854/month
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Nearby City Rent Trends

  • Waterford Average Rent
  • East Lyme Average Rent
  • New London Average Rent
  • Groton Average Rent
  • Old Saybrook Average Rent

Apartment communities in Niantic we think you'll love

The Sound at Gateway Commons

The Sound at Gateway Commons

1 Maple Tree Ln,
East Lyme, CT 06333

$1,800 - $3,050 Plus Fees

Studio - 3 Beds | 12 Month Lease

The Edgewater

The Edgewater

94 N Bridebrook Rd,
Niantic, CT 06357

$2,695 - $3,795 Plus Fees

2-3 Beds | 12 Month Lease

Morton House

Morton House

215 Main St,
Niantic, CT 06357

$1,200 - $1,400 Plus Fees

1 Bed

Bay Point Apartments

Bay Point Apartments

468 Main St,
Niantic, CT 06357

$1,800 Plus Fees

1 Bed | 12 Month Lease

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United States Connecticut Niantic 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity