Exposure to an enriched environment can improve cognitive functioning in normal animals as well as in animal models of neurological disease and impairment. However, the physiological processes that mediate these changes are poorly understood. Previously we and others have found changes in hippocampal synaptic transmission and plasticity after 2-4 wk of enrichment although others have not observed effects. To determine whether long-term enrichment produces more robust changes, we housed rats continuously in an enriched environment for a minimum of 3 mo and then tested for effects on hippocampal physiology in vitro and in vivo. Enriched housing improved spatial learning compared with social and isolated housing, but surprisingly this was not accompanied by changes in basal synaptic transmission in either CA1 or the dentate gyrus as measured either in vitro or in vivo. This lack of change may reflect the operation of homeostatic mechanisms that keep global synaptic weights within a narrow range. In tests of synaptic plasticity, the induction of long-term potentiation was not changed in either CA1 or the dentate gyrus. However, in CA1 of enriched rats, there was less long-term depression in stratum radiatum, less depotentiation in stratum oriens, and altered paired-pulse inhibition of population spikes evoked in stratum oriens. These effects suggest that there are altered synaptic and network dynamics in hippocampal CA1 that contribute to the enrichment-related cognitive improvement.