2

Studio Apartments for Rent in Waterford, CT

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    Starting at $1,875

    Total Monthly Price

    • Studio - 2 Beds

    22 Georgetown Rd, New London, CT 06320

    Welcome to your relaxing suburban paradise at Georgetown Apartments. Our homes are located in New London County in New London, Connecticut, and feature in-home perks like wood-style flooring and stainless-steel appliances. Enjoy deluxe community amenities like a swimming pool and a fitness center to enhance your daily routine. When it’s time to explore the town, your prime spot near Mitchell

    60 Mansfield Road Phase II

    (959) 215-6481

    22 Georgetown Rd, New London, CT 06320
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    Starting at $1,328

    Total Monthly Price

    • Studio - 2 Beds

    5 Nob Hill Rd, New London, CT 06320

    Virtual touring and by appointment, self-guided touring is available. Contact us today! If you are searching for apartments or townhomes in New London, or are simply looking to relocate near the Thames River, come to The Villages at Shore Landing in New London, CT. Our apartments and townhomes are located in a splendid location near Ocean Beach Park, where you can experience the beauty of the

    Villages at Shore Landing

    (959) 500-6446

    5 Nob Hill Rd, New London, CT 06320

Why Live in Waterford

Waterford, Connecticut, is a small community known for its scenic beaches along Long Island Sound and convenient access to Interstate 95. This coastal area offers a Cape Cod-like atmosphere, where residents can enjoy boating and beach activities. Harkness Memorial State Park, with its Renaissance Revival mansion and vibrant natural landscapes, is a local highlight, while Waterford Beach Park provides a popular spot for summer swimming. The town's historic Quaker Hill village features preserved 18th-century homes and American Craftsman houses, offering a rural charm. Jordan Village, the original town center, showcases a mix of condos and postwar homes, along with Greek Revival buildings. Waterford's retail options include Waterford Commons and Crystal Mall, and dining choices range from the quaint When Pigs Fly Cafe to the nearby New London Historic Waterfront District. The community hosts events like the Waterford Day Parade and a summer farmers market. Waterford Public Schools are well-rated, with Oswegatchie Elementary, Quaker Hill Elementary, Great Neck Elementary, Clark Lane Middle, and Waterford High School all receiving high marks. The town is strategically located near major employers such as the Naval Submarine Base New London and Pfizer headquarters, with easy access to transportation options like the New London Train Station and nearby airports.

Frequently Asked Questions

How much does it cost to rent a home in Waterford, CT?
The median rent for a home in Waterford, CT is $2,025 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Waterford, CT?
To comfortably afford the median rent in Waterford, CT, a household needs to earn roughly $81,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,025 per month in Waterford, CT, renters typically need to show $6,075 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waterford, CT?
In Waterford, CT, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Waterford, CT

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,025
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$2,400
Median Condo Rent
$1,500
How to Rent a Home