Best Affordable Neighborhoods in New Haven, CT
Some of the cheapest neighborhoods in New Haven are Edgewood, Fair Haven Heights, and Dwight. These neighborhoods offer some of the lowest rent prices in New Haven, making them ideal for renters on a budget. As of March 13, 2026, the average rent in New Haven is $2,084, which is 1.2% 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
$1,453/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
48/100
Units Available
12 Rentals
Edgewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Edgewood is $1,453 while the city average is $2,084. This is a 0.9% difference from last year. Residents enjoy convenient access to University of New Haven, Yale University, Main Campus, and Beaver Hill Shopping Center. The neighborhood is considered walkable with a WalkScore® of 79.
Fair Haven Heights
Average Rent
$1,837/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
38/100
Units Available
11 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Fair Haven Heights. The average rent is $1,837, compared to the city average of $2,084. Rent prices have increased by 0.8%. Fair Haven Heights is convenient to Yale University, Main Campus, Peabody Museum of Natural History, and Albertus Magnus College. The community is somewhat walkable with a WalkScore® of 57.
Dwight
Average Rent
$2,139/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
66/100
Units Available
34 Rentals
Dwight is an affordable neighborhood in New Haven with an average rent price of $2,139. Compare this to the city average of $2,084. In the past year, rent prices have increased by 3%. Dwight provides easy access to Connecticut Children's Museum, Marsh Botanic Garden, and 1211 Chapel Street. It’s a walkable neighborhood with a WalkScore® of 94.
Dixwell
Average Rent
$2,345/Month
Year-Over-Year Rent Change
10.6%
TransitScore® Rating
57/100
Units Available
114 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Dixwell might be the perfect place! It has an average rent price of $2,345, while the city’s average stands at $2,084. In the last year, prices have decreased by 10.6%. Dixwell is near University of New Haven, Southern Conn.. State Univ., and Whalley Crossing.
East Rock
Average Rent
$2,374/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
48/100
Units Available
24 Rentals
East Rock is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Rock is $2,374 while the city average is $2,084. This is a -4.6% difference from last year. Residents enjoy convenient access to Marsh Botanic Garden, Dixwell Shopping Plaza, and Southern Conn.. State Univ.. The neighborhood is considered walkable with a WalkScore® of 76.
Newhallville
Average Rent
$2,393/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
42/100
Units Available
146 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Newhallville. The average rent is $2,393, compared to the city average of $2,084. Rent prices have increased by 0.6%. Newhallville is convenient to Albertus Magnus College, Peabody Museum of Natural History, and Yale University, Main Campus. The community is walkable with a WalkScore® of 70.
Prospect Hill
Average Rent
$2,400/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
45/100
Units Available
79 Rentals
Prospect Hill is an affordable neighborhood in New Haven with an average rent price of $2,400. Compare this to the city average of $2,084. In the past year, rent prices have increased by 0.1%. Prospect Hill provides easy access to East Rock Park and Trowbridge Environmental Center, Dixwell Shopping Plaza, and Peabody Museum of Natural History. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Chapel Street Historic District
Average Rent
$2,491/Month
TransitScore® Rating
77/100
Units Available
114 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Chapel Street Historic District might be the perfect place! It has an average rent price of $2,491, while the city’s average stands at $2,084. Chapel Street Historic District is near Marsh Botanic Garden, Edgewood Park and Ranger Station, and Dwight Place.
Wooster Square Historic District
Average Rent
$2,518/Month
TransitScore® Rating
75/100
Units Available
54 Rentals
Wooster Square Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Wooster Square Historic District is $2,518 while the city average is $2,084. Residents enjoy convenient access to Marsh Botanic Garden, Connecticut Children's Museum, and 1211 Chapel Street. The neighborhood is considered walkable with a WalkScore® of 93.
New Haven Green
Average Rent
$2,535/Month
TransitScore® Rating
78/100
Units Available
183 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out New Haven Green. The average rent is $2,535, compared to the city average of $2,084. New Haven Green is convenient to Barnard Nature Center at West River Memorial Park, Dwight Place, and Tweed/New Haven. The community is walkable with a WalkScore® of 99.
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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.