Rental market snapshot for Groton, Connecticut

Groton, Connecticut Rental Property Market Overview

Groton, Connecticut is a small town located in New London County. It is home to 9,326 people as of 2021, according to the US Census. The town is situated on the Thames River and is known for its rich history and beautiful scenery. Groton is home to a variety of attractions, including the Submarine Force Library and Museum, the Mystic Seaport Museum, and the Groton Monument. It is also home to a number of parks, beaches, and other recreational areas. Groton is a great place to live and visit, offering a variety of activities and attractions for all ages.

The average rent for an apartment in Groton is $1,657. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Groton Connecticut | Cost of Living

  • The most expensive ZIP code in Groton is 06340 with an average price of $1,885.
  • The cheapest ZIP code in Groton is 06340 with an average price of $1,885.

Groton ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
106340$1,885

Live near Groton, Connecticut's Top Sights and Attractions

Bluff Point State Park is a scenic coastal park located on the Long Island Sound. It features a variety of outdoor activities, including hiking, biking, fishing, kayaking, and swimming. The park also has a beach, picnic areas, and a nature center. The park is home to a variety of wildlife, including birds, deer, and foxes. The park also offers stunning views of the Long Island Sound and the surrounding area.

Tercentennial Legacy Playground is a large outdoor playground located in a scenic area of Connecticut. It features a variety of play structures, slides, swings, and other activities for children of all ages. There is also a large picnic area with tables and benches, a walking path, and a pond with a fountain. The playground is surrounded by lush green grass and trees, making it a great place to relax and enjoy the outdoors.

Groton Beach and City Recreation is a popular destination for locals and visitors alike. It features a wide variety of activities, including swimming, fishing, kayaking, and boating. The beach is lined with white sand and offers stunning views of the Long Island Sound. There is a playground and picnic area, as well as a boardwalk with shops and restaurants. Visitors can also take advantage of the nearby hiking trails, bike paths, and nature preserves.

Fort Griswold State Park is a historic site located on the banks of the Thames River. It features a Revolutionary War fort, a museum, and a monument to the fallen soldiers. Visitors can explore the fort's grounds, view the museum's exhibits, and take in the breathtaking views of the river. There are also picnic areas and trails for hiking and biking. The park is a great place to learn about the history of the area and to enjoy the natural beauty of the river.

Kiely Property is a picturesque outdoor attraction located in Groton, Connecticut. It features a variety of trails, a pond, and a variety of wildlife. Visitors can explore the trails, take in the scenery, and observe the local wildlife. The property also includes a picnic area, a playground, and a pavilion. Kiely Property is a great spot for a peaceful walk or a family outing.

Birch Plain Creek Open Space is a scenic outdoor area located in Groton, Connecticut. It features a variety of trails for hiking, biking, and horseback riding, as well as a large open field perfect for picnicking and playing sports. The area is also home to a variety of wildlife, including deer, foxes, and birds. The creek itself is a great spot for fishing and kayaking. With its peaceful atmosphere and stunning views, Birch Plain Creek Open Space is a great place to spend a day outdoors.

Birch Plain Creek Open Space is a scenic park located in Groton, Connecticut. It features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. The park has a large open field, a winding creek, and a variety of trees and shrubs. There are also several picnic tables and benches throughout the park, making it a great spot for a family outing. The park is also home to a variety of wildlife, including deer, foxes, and other small animals.

Ring Drive Open Space is a scenic park located in a picturesque New England town. The park features a variety of outdoor activities, including hiking, biking, fishing, and bird watching. There are also several picnic areas and pavilions, as well as a playground and a pond. The park is surrounded by lush forests and rolling hills, providing a peaceful and tranquil atmosphere. Visitors can also take advantage of the nearby walking trails, which offer stunning views of the surrounding countryside.

Copp Property is a historic site located in Groton, Connecticut. It is a large estate that was once owned by the Copp family, who were prominent in the area during the 19th century. The property includes a mansion, a carriage house, a barn, and several outbuildings. The grounds are beautifully landscaped and feature a variety of trees and shrubs. Visitors can explore the grounds and take in the stunning views of the surrounding countryside. The property is also home to a variety of wildlife, including deer, foxes, and birds.

Eastern Point Beach is a stunning beach located on the easternmost point of Groton, Connecticut. It offers breathtaking views of the Long Island Sound and the surrounding area. The beach is a popular spot for swimming, fishing, kayaking, and other water activities. The beach also features a boardwalk, picnic areas, and a playground. The beach is also home to a variety of wildlife, including seabirds, seals, and dolphins.

Groton, Connecticut area median rent change by ZIP code map

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How does Groton compare to other cities in Connecticut?

citymedian price
Trumbull$2,875
Norwalk$2,743
Milford$2,600
Westport$2,409
New Haven$1,995
Ledyard$1,900
Bethel$1,685
Vernon$1,595
New Britain$1,425

Average household income in Groton area graph - US Census

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The median household income in Groton in 2021 was $58,911. This represents a 13.7% change from 2011 when the median was $51,833.

#categorypercent
0Less than $10,0006.5%
1$10,000 to $14,9995.8%
2$15,000 to $19,9998.3%
3$20,000 to $24,9995.9%
4$25,000 to $29,9994.9%
5$30,000 to $34,9994.1%
6$35,000 to $39,9994.5%
7$40,000 to $44,9997.3%
8$45,000 to $49,9991.8%
9$50,000 to $59,9995.6%
10$60,000 to $74,99912.5%
11$75,000 to $99,9998.7%
12$100,000 to $124,9997.4%
13$125,000 to $149,9995.6%
14$150,000 to $199,9996.3%
15$200,000 or more4.6%

Neighborhoods in Groton

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Groton is $1,657.
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