New Haven renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.

New Haven, CT map of rent costs by neighborhood

Rental Price Key

Luxury
High-end
Mid-tier
Most affordable

 


On average, the cost of rent in New Haven is about $1,495 per month. This puts it in the 62nd percentile compared to the state average cost of rent, which is $1,577. Households in New Haven have a median income of $6,638 per month so the average renter in New Haven is spending roughly 23% of their earnings on housing.

Nationally, and in New Haven, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Haven is $335,832 right now, which is lower than cities nearby, meaning that rents in New Haven also tend to be lower versus these nearby cities.

Higher rent prices are common in the southwestern parts of New Haven while lower rent rates are often available in northwestern areas.

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