Norwich-New London-Willimantic

Connecticut ยท Ranked #147 of 373 metros

81Affordable
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Housing in Norwich-New London-Willimantic costs 3.92ร— the median income, below the national average of 4.5ร—. The median home price is $324K and median rent is $1,348/month. Norwich-New London-Willimantic ranks #147 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$324K

Need $96K income

Median Rent

๐Ÿ”‘

$1,348

Need $54K income

Building Permits

๐Ÿ”จ

509

annual

Median Income

๐Ÿ’ฐ

$83K

Pop: 288,815

Rent Burden

โš ๏ธ

24.0%

of renters paying >30%

Homeownership

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65.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricNorwich-New London-WillimanticNational
Price-to-Income Ratio3.92x6.1x
Rent Burden24.0%31.5%
Homeownership Rate65.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,287/mo
1 Bedroom$1,496/mo
2 Bedroom$1,866/mo
3 Bedroom$2,406/mo
4 Bedroom$2,988/mo

Zillow Market Data

Home Value (ZHVI)

$401K

1yr: +5.5%5yr: +49.7%

Rent (ZORI)

$1,879/mo

1yr: +2.0%5yr: +44.9%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$345K

Active Inventory

34

Days on Market

36

Sold Above List

50.0%

Price Drops

11.8%