Groton, CT has a population of 9,184, while the median age is 32. The household income in Groton, CT is around $55,567. The homeownership rate among the residents is 40%. The median residential property value in Groton, CT that you should keep in mind is $197,600.
|Number Of Employees||4,729|
|Median Property Value||$197,600|
Over the Nov 2022, the average rent for an apartment in/near Groton, CT increased by 7.1% to $2,101.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 28.2% to $1,316. Pricing for 2-bed apartment also decreased by 20.3% and a place of this size will now cost you $1,568. 3-bed apartment rent pricing starts at $2,289, it decreased by 13.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 25.3% and made it up to $3,853.
The median rent for an apartment in Groton, CT decreased by 8.4% to $1,740. Statistics show that house rent price increased by 7.3% this month making it up to $2,605. Condos faced an upward trend these days. The median rent for a condo decreased by 19.2%, it’s now available for $1,293. The median rent for a loft did not face significant changes this time, it now still goes for $5,650. If you’re looking for a room, the price tag still starts at $750. The median price did not change this time. The median rent for a townhouse decreased by 19.9%, you’ll have to spend around $1,261 to get one.