Groton Town, Connecticut Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Groton Town, Connecticut rental market.
Groton Town, Connecticut
Average Apartment Rent
$2,016
Y-o-Y Change in Average
Apartment Rent
3.9%
As of March 2026
Compared to a year ago, Groton Town, Connecticut apartments have recorded a 3.9% rent increase.
Groton Town, Connecticut Average apartment rent trend
Groton Town, Connecticut Average Apartment Rent
Groton Town, Connecticut Apartment rent ranges
At 52.36%, apartments priced $1,500 - $2,000 represent the bulk of Groton Town, Connecticut rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.68%.
Groton Town, Connecticut Housing tenure**
Renters take up 55% of Groton Town, Connecticut real estate, occupying a total of 2,567 units, while homeowners live in 2,123 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$36,914
Average household size of renter-occupied housing units**
1.83
Rental vacancy rate**
5.6%
Groton Town, Connecticut Renter-occupied housing units by no. of bedrooms**
There are 1,281 rentals in Groton Town, Connecticut with 2 beds making up the highest share of the market, at 50%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 22 units. Overall, the median number of rooms in Groton Town, Connecticut homes for rent is 3.9.
Groton Town, Connecticut Renter-occupied units by age of householder**
Most condos for rent in Groton Town, Connecticut are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 55 - 59 years age group (14%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.
Groton Town, Connecticut Renter-occupied housing units by family type**
Groton Town, Connecticut Renter-occupied housing units by the presence of own children**
A total of 1,086 apartments for rent in Groton Town, Connecticut, or 42% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 587 units. All in all, the median size of a renter-occupied household in Groton Town, Connecticut is 1.83.
Groton Town, Connecticut Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Groton Town, Connecticut.
Groton Town, Connecticut Renter-occupied units by year structure built**
The highest share of Groton Town, Connecticut apartment rentals, namely 31% or 784 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (16%, 408 units), and the ones Built 1939 or earlier (14%, 363 units).
Groton Town, Connecticut Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Groton Town, Connecticut renters (41%) moved in 2010 to 2017, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Groton Town, Connecticut condos for rent is 2016.
Groton Town, Connecticut Renter-occupied housing units by vehicles available**
When it comes to transportation options, 61% of Groton Town, Connecticut renters have 1 vehicle available per household, 21% of them have No vehicle available, and 17% have 2 vehicles available.
Groton Town, Connecticut Means of transportation to work of householders living in renter-occupied housing units**
Groton Town, Connecticut Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Groton Town, Connecticut apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
