RentYield Atlas

ZIP 06340 — Groton, CT: rental yield & market data

Gross rental yield of 6.55% — ranked #37 of 110 Connecticut ZIP codes. June 2026 data.

Gross rental yield
6.55%
Home value
$391,722
Market rent / mo
$2,138
Price-to-rent
15.3

Trend

Metric1-year change5-year change
Home value+5.0% +39.3%
Market rent+5.4%

Metro: Norwich-New London, CT · County: New London County · Annual rent: $25,656

Comparable ZIP codes in Connecticut

Similar home values, sorted by yield — the cheapest way to see if 06340 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
06901StamfordCT$384,166$2,9999.37%10.7+3.2%
06111NewingtonCT$383,948$2,4407.63%13.1+4.9%
06510New HavenCT$396,710$2,3857.21%13.9-1.0%
06605BridgeportCT$386,441$2,2036.84%14.6+2.8%
06416CromwellCT$387,031$2,1406.64%15.1+4.2%
06517HamdenCT$399,439$2,0906.28%15.9+6.5%
06515New HavenCT$391,785$1,8935.80%17.2+3.8%
06401AnsoniaCT$389,934$1,8835.79%17.3+4.0%

Top rental yields in all of Connecticut →

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