Toll Gate Estates
76 Merlino Dr,
Groton, CT 06340
2 Beds | $2,200 - $2,400
Rental Market Trends in Groton, CT
What is the average rent in Groton, CT?
$1,822/month
Average Rent
740 Sq Ft
Average Apartment Size
+3.2%
Increase in the Last Year
As of February 2025, the average rent in Groton, CT is $1,822 per month. This is 17% higher than the national average rent price of $1,555/month, making Groton one of the most expensive cities in the US. When you rent an apartment in Groton, you can expect to pay about $1,624 per month for a studio, $1,822 for a one-bedroom apartment, and around $2,010 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,665 or more.
Floor Plan Type
Average Rent
Average 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 Groton, CT?
In the past year, rent has increased by 3.2%, which averages out to $59 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Groton, CT
Last Updated February 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
5%
$1,001 - $1,500/month
59%
$1,501 - $2,000/month
32%
Above $2,000/month
What salary do I need to live comfortably in Groton, CT?
Because the average rent in Groton is $1,822, you’ll want to make about $6,073 per month or $72,876 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.
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.
Nearby City Rent Trends
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Property Management Companies in Groton, CT
A.R. Building Company
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57
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9,503
Units
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44
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4 Communities in Groton
Beachwold Residential
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58
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14,410
Units
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41
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3 Communities in Groton
The Simon Konover Company
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29
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4,966
Units
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25
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2 Communities in Groton
SHP Management Corporation
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21
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2,855
Units
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20
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2 Communities in Groton
Jefferson Apartment Group
-
34
Communities
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9,420
Units
-
27
Cities
1 Community in Groton
NBM Management
-
18
Communities
-
3,605
Units
-
15
Cities
1 Community in Groton
SRK Management LLC
-
24
Communities
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2,933
Units
-
14
Cities
1 Community in Groton
Lexington Partners
-
19
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3,175
Units
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12
Cities
1 Community in Groton
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Methodology
† 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.
* Percentages may not total 100 due to rounding.