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City Report · CT

Stonington

Pop. 934·10th most expensive in Connecticut·One of the pricier rental markets in the US
Median rent (all units)
$2,676/mo
Year-over-Year
Stable
Month-over-Month
+6.5%
vs US Median
+$714
Rising (Monthly)
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Most AffordableMost Expensive
Stonington · $2,676
More expensive than 84% of US cities · National median $1,962/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $2,676/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$107,000/yr
Local median income
$109,167/yr
Based on the 30%-of-income rule using Stonington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$1,420
2 BR
$1,544
3 BR
$2,313
Fair Market Rent (HUD)
$1,544/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,676 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$32,112/yr
At $2,676/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +6.5% MoM), not inventory.
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Demographics

Who lives here

Stonington, CT is majority owner-occupied, has a large retiree population, has a median income above the national average, 76% of residents hold a bachelor's degree or higher.

Population
934
Median income
$109,167
Median age
63.1
Renters
38.1%
Age distribution
20.9%
46%
Under 1810.9%
18–3410.4%
35–5411.8%
55–6420.9%
65+46%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
88.5%
White88.5%
Hispanic8.6%
Asian0.9%
Other2%
Education (25+)
16.7%
76%
No HS diploma0.5%
HS diploma6.8%
Some college16.7%
Bachelor's+76%
Housing tenure
61.9%
38.1%
Owner61.9%
Renter38.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Stonington, CT has changed in 5 years

Income
$72,500 → $109,167
up 50.6%
Population
932 → 934
up 0.2%
Renter share
42.3% → 38.1%
-4.2 pts
Bachelor's+
66.9% → 76%
+9.1 pts
Median age
60 → 63.1
+3.1 yrs

Median household income climbed from $72,500 to $109,167 between 2021 and 2024, a 50.6% shift. The renter share has eased from 42.3% to 38.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 66.9% to 76% across the same window.

Community

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View Stonington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Stonington on your salary?

At $2,676/mo, how Stonington rent compares to typical pay (30% rule).

By apartment size

Stonington rent by bedroom count

Median rent for each apartment size in Stonington. Click any size for full breakdown.

Local insights

Tips for renters in Stonington

About renting in Stonington, CT

Last updated: August 17, 2026

The median rent in Stonington is $2,676/mo as of August 2026. a 2-bedroom runs $1,544/mo. One-bedroom apartments average $1,420/mo and 3-bedroom units go for $2,313/mo.

At 29% of local median household income ($109,167/yr), Stonington ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Stonington an affordable city for renters?

Stonington is considered affordable for renters. At $2,676/mo, rent takes approximately 29% of the local median household income ($109,167/yr). The standard benchmark is 30%. Stonington falls comfortably within that range.

How much income do you need to rent in Stonington?

To keep rent at or below 30% of gross income, you would need to earn at least $107,000/year (~$51/hour full-time) to afford the median rent of $2,676/mo in Stonington. The local median household income is $109,167/yr, meaning the typical Stonington household meets that threshold.

Is rent going up or down in Stonington?

Rent in Stonington has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Stonington rent compare to other cities in Connecticut?

Stonington is one of the pricier cities in Connecticut for rent, ranking #10 out of 54 tracked cities at $2,676/mo.

Which nearby cities are cheaper to rent in than Stonington?

Several nearby cities have lower median rents than Stonington ($2,676/mo): New London ($1,589/mo), Westerly ($2,033/mo), Groton ($2,170/mo).

What percentage of Stonington residents rent vs. own?

According to Census data, approximately 38.1% of Stonington households are renters, while 61.9% are owner-occupied. Stonington leans toward homeownership, which can mean a smaller rental inventory.

How does Stonington rent compare to the national average?

Stonington's median rent of $2,676/mo is $714 (36%) above the US national median of $1,962/mo. Within Connecticut, it ranks #10 out of 54 tracked cities.
Income Affordability
29%
AFFORDABLE

At $2,676/mo, rent takes ~29% of Stonington's median household income ($109,167/yr). The standard benchmark is 30%.

Stonington 29%Benchmark 30%
State income tax3–6.99%
Run the Stonington affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Stonington, CT

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