Rental numbers for the Norwich, CT metro
The typical home here runs -$1,658 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 9 ZIPs with full data
- Cash flow
- -$1,658/mo
- at 7.78%, 25% down
- Typical price
- $433,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,041/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
26 with published figures
| 06335Ledyard | $421,000 | $2,660* | 7.6% | 3.1% | -$1,170 | n/a |
| 06360Norwich | $306,000 | $1,820 | 7.1% | 2.5% | -$1,014 | +6.8% |
| 06340Groton | $390,000 | $2,189 | 6.7% | 2.7% | -$1,218 | +9.8% |
| 06351Griswold | $372,000 | $2,057 | 6.6% | 2.6% | -$1,190 | n/a |
| 06357East Lyme | $527,000 | $2,825 | 6.4% | 2.7% | -$1,655 | n/a |
| 06380Norwich | $303,000 | $1,590* | 6.3% | 1.9% | -$1,147 | n/a |
| 06385Waterford | $443,000 | $2,247 | 6.1% | 2.4% | -$1,491 | n/a |
| 06320New London | $331,000 | $1,641 | 5.9% | 1.5% | -$1,373 | +5.3% |
| 06382Montville | $348,000 | $1,720* | 5.9% | 1.9% | -$1,324 | n/a |
| 06365Preston | $428,000 | $2,110* | 5.9% | 2.3% | -$1,492 | n/a |
| 06333East Lyme | $557,000 | $2,708 | 5.8% | 2.2% | -$1,995 | n/a |
| 06330Sprague | $378,000 | $1,780* | 5.7% | 1.6% | -$1,536 | n/a |
| 06339Ledyard | $416,000 | $1,940* | 5.6% | 1.3% | -$1,784 | n/a |
| 06355Groton | $605,000 | $2,811 | 5.6% | 2.0% | -$2,246 | n/a |
| 06334Bozrah | $404,000 | $1,810* | 5.4% | 1.7% | -$1,617 | n/a |
| 06249Lebanon | $428,000 | $1,890* | 5.3% | 1.4% | -$1,801 | n/a |
| 06415Colchester | $446,000 | $1,880* | 5.1% | 1.2% | -$1,968 | n/a |
| 06420Salem | $478,000 | $1,950* | 4.9% | 1.1% | -$2,125 | n/a |
| 06359North Stonington | $473,000 | $1,850* | 4.7% | 1.0% | -$2,146 | n/a |
| 06375Waterford | $406,000 | $1,580* | 4.7% | 1.0% | -$1,838 | n/a |
| 06371Old Lyme | $705,000 | $2,725 | 4.6% | 1.4% | -$2,968 | n/a |
| 06370Montville | $400,000 | $1,470* | 4.4% | 0.8% | -$1,897 | n/a |
| 06379Stonington | $493,000 | $1,760* | 4.3% | 1.1% | -$2,224 | n/a |
| 06254Franklin | $422,000 | $1,470* | 4.2% | 0.9% | -$1,971 | n/a |
| 06384Voluntown | $448,000 | $1,470* | 3.9% | 0.5% | -$2,222 | n/a |
| 06378Stonington | $799,000 | $2,140* | 3.2% | 0.3% | -$4,097 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.8%
- Rent, 12 months
- +4.9%
- Rent minus price growth
- -1.9 pts
- Property tax
- 1.51%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $303,250 | $1,477 |
| Aug 2022 | $334,357 | $1,628 |
| Aug 2023 | $357,216 | $1,751 |
| Aug 2024 | $386,586 | $1,885 |
| Aug 2025 | $405,405 | $1,945 |
| Aug 2026 | $433,137 | $2,041 |
Tools
Questions
- Is the Norwich, CT metro good for rental property?
- The typical home here runs -$1,658 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.1%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Norwich, CT metro have the highest rental yield?
- 06360 (Norwich) at 7.1%, 06340 (Groton) at 6.7%, 06351 (Griswold) at 6.6%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.