Waterford CT
Rentals

Housing in New London County

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in New London County averages $1,365/month for a 2‑bedroom in 2024, compared to the Connecticut median of $1,488 and the national median of $1,413. Local renters spend approximately 33% of household income on rent, above the national average of 32%.

The U.S. Bureau of Labor Statistics annual unemployment rate for New London County was 3.1% in 2024, compared to Connecticut at 3.2% and the national rate of 4.0%.

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Towns near Waterford