Most Affordable Neighborhoods in New Haven, CT
Some of the cheapest neighborhoods in New Haven are Edgewood, Beaver Hills, and Edgewood Historic District. These neighborhoods offer some of the lowest rent prices in New Haven, making them ideal for renters on a budget. As of September 12, 2025, the average rent in New Haven is $2,086, which is 0.7% 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
$1,525/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
48/100
Units Available
14 Rentals
Edgewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Edgewood is $1,525 while the city average is $2,086. This is a 1% difference from last year. Residents enjoy convenient access to Yale University, Main Campus, Peabody Museum of Natural History, and University of New Haven. The neighborhood is considered walkable with a WalkScore® of 79.
Beaver Hills
Average Rent
$1,529/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
46/100
Units Available
11 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Beaver Hills. The average rent is $1,529, compared to the city average of $2,086. Rent prices have increased by 4%. Beaver Hills is convenient to Beaver Hill Shopping Center, Tweed/New Haven, and Southern Conn.. State Univ.. The community is walkable with a WalkScore® of 77.
Edgewood Historic District
Average Rent
$1,535/Month
TransitScore® Rating
49/100
Units Available
13 Rentals
Edgewood Historic District is an affordable neighborhood in New Haven with an average rent price of $1,535. Compare this to the city average of $2,086. Edgewood Historic District provides easy access to University of New Haven, Barnard Nature Center at West River Memorial Park, and Beaver Ponds Park. It’s a walkable neighborhood with a WalkScore® of 79.
Westville
Average Rent
$1,718/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
41/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Westville might be the perfect place! It has an average rent price of $1,718, while the city’s average stands at $2,086. In the last year, prices have increased by 1.9%. Westville is near Beaver Ponds Park, Marsh Botanic Garden, and Southern Conn.. State Univ..
Dwight
Average Rent
$1,769/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
66/100
Units Available
29 Rentals
Dwight is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dwight is $1,769 while the city average is $2,086. This is a 3.3% difference from last year. Residents enjoy convenient access to Whalley Crossing, 1211 Chapel Street, and Edgewood Park and Ranger Station. The neighborhood is considered walkable with a WalkScore® of 94.
Fair Haven Heights
Average Rent
$1,902/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
38/100
Units Available
13 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Fair Haven Heights. The average rent is $1,902, compared to the city average of $2,086. Rent prices have increased by 0.9%. Fair Haven Heights is convenient to East Haven Plaza, Foxhaven Plaza, and Yale University, Main Campus. The community is somewhat walkable with a WalkScore® of 57.
Prospect Hill Historic District
Average Rent
$2,133/Month
TransitScore® Rating
43/100
Units Available
11 Rentals
Prospect Hill Historic District is an affordable neighborhood in New Haven with an average rent price of $2,133. Compare this to the city average of $2,086. Prospect Hill Historic District provides easy access to Marsh Botanic Garden, 1211 Chapel Street, and Beaver Ponds Park. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
Whitney Avenue Historic District
Average Rent
$2,143/Month
TransitScore® Rating
47/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Whitney Avenue Historic District might be the perfect place! It has an average rent price of $2,143, while the city’s average stands at $2,086. Whitney Avenue Historic District is near Tweed/New Haven, University of New Haven, and Dixwell Shopping Plaza.
Prospect Hill
Average Rent
$2,187/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
45/100
Units Available
58 Rentals
Prospect Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Prospect Hill is $2,187 while the city average is $2,086. This is a -0.4% difference from last year. Residents enjoy convenient access to Connecticut Children's Museum, Peabody Museum of Natural History, and Tweed/New Haven. The neighborhood is considered somewhat walkable with a WalkScore® of 69.
Chapel Street Historic District
Average Rent
$2,292/Month
TransitScore® Rating
77/100
Units Available
96 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Chapel Street Historic District. The average rent is $2,292, compared to the city average of $2,086. Chapel Street Historic District is convenient to Dwight Place, Whalley Crossing, and Southern Conn.. State Univ.. The community is walkable with a WalkScore® of 99.
Ready to make your move to New Haven? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.