Most Affordable Neighborhoods in New Haven, CT
Some of the cheapest neighborhoods in New Haven are Beaver Hills, Edgewood, 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 July 29, 2025, the average rent in New Haven is $2,105, which is 0.2% higher 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.
Beaver Hills
Average Rent
$1,638/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
46/100
Units Available
11 Rentals
Beaver Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Beaver Hills is $1,638 while the city average is $2,105. This is a 1.1% difference from last year. Residents enjoy convenient access to Farmington Canal Heritage Greenway, West Rock Plaza, and Tweed/New Haven. The neighborhood is considered walkable with a WalkScore® of 77.
Edgewood
Average Rent
$1,744/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
48/100
Units Available
18 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Edgewood. The average rent is $1,744, compared to the city average of $2,105. Rent prices have increased by 0.9%. Edgewood is convenient to Beaver Hill Shopping Center, Peabody Museum of Natural History, and Yale University, Main Campus. The community is walkable with a WalkScore® of 79.
Edgewood Historic District
Average Rent
$1,764/Month
TransitScore® Rating
49/100
Units Available
17 Rentals
Edgewood Historic District is an affordable neighborhood in New Haven with an average rent price of $1,764. Compare this to the city average of $2,105. Edgewood Historic District provides easy access to Dwight Place, Peabody Museum of Natural History, and Whalley Crossing. It’s a walkable neighborhood with a WalkScore® of 79.
Whitney Avenue Historic District
Average Rent
$1,771/Month
TransitScore® Rating
47/100
Units Available
11 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 $1,771, while the city’s average stands at $2,105. Whitney Avenue Historic District is near Dixwell Shopping Plaza, Connecticut Children's Museum, and Marsh Botanic Garden.
Dwight
Average Rent
$1,885/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
66/100
Units Available
24 Rentals
Dwight is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dwight is $1,885 while the city average is $2,105. This is a 2.8% difference from last year. Residents enjoy convenient access to Marsh Botanic Garden, Whalley Crossing, and Peabody Museum of Natural History. The neighborhood is considered walkable with a WalkScore® of 94.
Fair Haven Heights
Average Rent
$2,063/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
38/100
Units Available
22 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Fair Haven Heights. The average rent is $2,063, compared to the city average of $2,105. Rent prices have increased by 0.7%. Fair Haven Heights is convenient to Marsh Botanic Garden, Yale University, Main Campus, and Tweed/New Haven. The community is somewhat walkable with a WalkScore® of 57.
Prospect Hill
Average Rent
$2,132/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
45/100
Units Available
37 Rentals
Prospect Hill is an affordable neighborhood in New Haven with an average rent price of $2,132. Compare this to the city average of $2,105. In the past year, rent prices have decreased by 0.7%. Prospect Hill provides easy access to Marsh Botanic Garden, Dixwell Shopping Plaza, and Connecticut Children's Museum. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
East Rock
Average Rent
$2,309/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
48/100
Units Available
24 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, East Rock might be the perfect place! It has an average rent price of $2,309, while the city’s average stands at $2,105. In the last year, prices have increased by 2.3%. East Rock is near University of New Haven, Tweed/New Haven, and Dixwell Shopping Plaza.
Dixwell
Average Rent
$2,383/Month
Year-Over-Year Rent Change
10.7%
TransitScore® Rating
57/100
Units Available
148 Rentals
Dixwell is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dixwell is $2,383 while the city average is $2,105. This is a -10.7% difference from last year. Residents enjoy convenient access to Whalley Crossing, Connecticut Children's Museum, and Yale University, Main Campus. The neighborhood is considered walkable with a WalkScore® of 86.
Newhallville
Average Rent
$2,408/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
42/100
Units Available
144 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Newhallville. The average rent is $2,408, compared to the city average of $2,105. Rent prices have decreased by 0.4%. Newhallville is convenient to Southern Conn.. State Univ., Farmington Canal Heritage Greenway, and Peabody Museum of Natural History. The community is walkable with a WalkScore® of 70.
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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.