Cheapest Neighborhoods in New Haven, CT

Some of the cheapest neighborhoods in New Haven are Edgewood, Beaver Hills, and Dwight. These neighborhoods offer some of the lowest rent prices in New Haven, making them ideal for renters on a budget. As of September 10, 2026, the average rent in New Haven is $2,064, which is 2.8% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Edgewood

Average Rent

$1,532/Month

Year-Over-Year Rent Change

0.7%

Units Available

22 Rentals

When you’re looking for a great New Haven neighborhood on a budget, check out Edgewood. The average rent is $1,532, compared to the city average of $2,064. Rent prices have increased by 0.7%. Edgewood is convenient to 504-512 Whalley Ave, Barnard Nature Center at West River Memorial Park, and Whalley Crossing.

Beaver Hills

Average Rent

$1,539/Month

Year-Over-Year Rent Change

0.3%

Units Available

20 Rentals

Beaver Hills is an affordable neighborhood in New Haven with an average rent price of $1,539. Compare this to the city average of $2,064. In the past year, rent prices have increased by 0.3%. Beaver Hills provides easy access to Beaver Ponds Park, Albertus Magnus College, and Tweed/New Haven.

Dwight

Average Rent

$1,717/Month

Year-Over-Year Rent Change

1.2%

Units Available

38 Rentals

If you’re looking for a great, affordable neighborhood in New Haven, Dwight might be the perfect place! It has an average rent price of $1,717, while the city’s average stands at $2,064. In the last year, prices have decreased by 1.2%. Dwight is near Peabody Museum of Natural History, 156 Dixwell Ave, and University of New Haven.

Westville

Average Rent

$1,906/Month

Year-Over-Year Rent Change

2.6%

Units Available

16 Rentals

Westville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westville is $1,906 while the city average is $2,064. This is a 2.6% difference from last year. Residents enjoy convenient access to University of New Haven, Westville Plaza, and Edgewood Park and Ranger Station.

West Rock

Average Rent

$1,917/Month

Year-Over-Year Rent Change

1%

Units Available

14 Rentals

When you’re looking for a great New Haven neighborhood on a budget, check out West Rock. The average rent is $1,917, compared to the city average of $2,064. Rent prices have increased by 1%. West Rock is convenient to Beaver Hill Shopping Center, Southern Conn.. State Univ., and 1289 Whalley Ave.

East Rock

Average Rent

$2,017/Month

Year-Over-Year Rent Change

2.5%

Units Available

32 Rentals

East Rock is an affordable neighborhood in New Haven with an average rent price of $2,017. Compare this to the city average of $2,064. In the past year, rent prices have decreased by 2.5%. East Rock provides easy access to 156 Dixwell Ave, University of New Haven, and Southern Conn.. State Univ..

Hill

Average Rent

$2,332/Month

Year-Over-Year Rent Change

9.5%

Units Available

85 Rentals

If you’re looking for a great, affordable neighborhood in New Haven, Hill might be the perfect place! It has an average rent price of $2,332, while the city’s average stands at $2,064. In the last year, prices have decreased by 9.5%. Hill is near Albertus Magnus College, 1131 Campbell Ave, and Connecticut Children's Museum.

Prospect Hill

Average Rent

$2,354/Month

Year-Over-Year Rent Change

0.7%

Units Available

65 Rentals

Prospect Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Prospect Hill is $2,354 while the city average is $2,064. This is a 0.7% difference from last year. Residents enjoy convenient access to Tweed/New Haven, Yale University, Main Campus, and Marsh Botanic Garden.

Dixwell

Average Rent

$2,361/Month

Year-Over-Year Rent Change

0.5%

Units Available

84 Rentals

When you’re looking for a great New Haven neighborhood on a budget, check out Dixwell. The average rent is $2,361, compared to the city average of $2,064. Rent prices have decreased by 0.5%. Dixwell is convenient to 1211 Chapel Street, Peabody Museum of Natural History, and Marsh Botanic Garden.

Downtown New Haven

Average Rent

$2,430/Month

Year-Over-Year Rent Change

3.4%

Units Available

342 Rentals

Downtown New Haven is an affordable neighborhood in New Haven with an average rent price of $2,430. Compare this to the city average of $2,064. In the past year, rent prices have decreased by 3.4%. Downtown New Haven provides easy access to Marsh Botanic Garden, Connecticut Children's Museum, and 1211 Chapel Street.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.