Rents are 4% below what Groton's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,170 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Groton, CT is roughly split between renters and owners, 38.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Groton, CT has changed in 5 years
Five years ago, renters in Groton, CT paid around $1,770 a month. That figure now sits near $2,170, up 22.6% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $58,911 in 2021 to $79,577 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Groton, CT adding about 157 residents over the five-year window, up 1.7% on net. The renter share has eased from 56.8% to 54.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 31.5% to 38.8% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Groton, CT market of 2023.
Discussions about Groton
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Can you afford rent in Groton on your salary?
At $2,170/mo, how Groton rent compares to typical pay (30% rule).
Groton rent by bedroom count
Median rent for each apartment size in Groton. Click any size for full breakdown.
Tips for renters in Groton
Last updated: August 17, 2026
The median rent in Groton is $2,170/mo as of August 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,790/mo. One-bedroom apartments average $1,460/mo and 3-bedroom units go for $2,320/mo.
At 33% of local median household income ($79,577/yr), Groton ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.
Frequently asked questions
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What percentage of Groton residents rent vs. own?
How does Groton rent compare to the national average?
At $2,170/mo, rent takes ~33% of Groton's median household income ($79,577/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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