Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Norwich-New London are
very low
compared to the national average.
This FMR area is less expensive
than
100%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Norwich-New London is $1,450 per month.
The previous year, rent for a two-bedroom home was $1,254 per month.
This is a 15.63% increase year-over-year.
This FMR rate applies to Hadlyme, CT, Versailles, CT, Hanover, CT, West Mystic, CT, South Lyme, CT, Yantic, CT, Old Mystic, CT, Gilman, CT, Mashantucket, CT, Montville, CT and other cities within the region.
The Metro Code or CBSA code for this region is METRO35980M35980.
Additionally, This Fair Market Rent (FMR) area Norwich-New London, CT HUD Metro FMR Area spans nineteen counties or cities in which ares listed in the table below.
Estimated population of Norwich-New London, CT HUD Metro FMR Area FMR area is 243,808 people based on latest Census data.