Most Affordable Neighborhoods in New Haven, CT
Some of the cheapest neighborhoods in New Haven are Edgewood, Edgewood Historic District, and Whitney Avenue Historic District. These neighborhoods offer some of the lowest rent prices in New Haven, making them ideal for renters on a budget. As of June 13, 2025, the average rent in New Haven is $2,118, which is 0.9% 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.
Edgewood
Average Rent
$1,802/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
48/100
Units Available
12 Rentals
Edgewood is an affordable neighborhood in New Haven with an average rent price of $1,802. Compare this to the city average of $2,118. In the past year, rent prices have increased by 1%. Edgewood provides easy access to Albertus Magnus College, Southern Conn.. State Univ., and Dwight Place. It’s a walkable neighborhood with a WalkScore® of 79.
Edgewood Historic District
Average Rent
$1,830/Month
TransitScore® Rating
49/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Edgewood Historic District might be the perfect place! It has an average rent price of $1,830, while the city’s average stands at $2,118. Edgewood Historic District is near Beaver Ponds Park, Barnard Nature Center at West River Memorial Park, and Beaver Hill Shopping Center.
Whitney Avenue Historic District
Average Rent
$1,899/Month
TransitScore® Rating
47/100
Units Available
13 Rentals
Whitney Avenue Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Whitney Avenue Historic District is $1,899 while the city average is $2,118. Residents enjoy convenient access to East Rock Park and Trowbridge Environmental Center, Marsh Botanic Garden, and Yale University, Main Campus. The neighborhood is considered walkable with a WalkScore® of 74.
Prospect Hill
Average Rent
$2,251/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
45/100
Units Available
41 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Prospect Hill. The average rent is $2,251, compared to the city average of $2,118. Rent prices have increased by 1.3%. Prospect Hill is convenient to University of New Haven, Tweed/New Haven, and East Rock Park and Trowbridge Environmental Center. The community is somewhat walkable with a WalkScore® of 69.
Dwight
Average Rent
$2,292/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
66/100
Units Available
18 Rentals
Dwight is an affordable neighborhood in New Haven with an average rent price of $2,292. Compare this to the city average of $2,118. In the past year, rent prices have increased by 4.4%. Dwight provides easy access to Whalley Crossing, Barnard Nature Center at West River Memorial Park, and Connecticut Children's Museum. It’s a walkable neighborhood with a WalkScore® of 94.
East Rock
Average Rent
$2,356/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
48/100
Units Available
26 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 $2,356, while the city’s average stands at $2,118. In the last year, prices have increased by 1.1%. East Rock is near Connecticut Children's Museum, Yale University, Main Campus, and Albertus Magnus College.
Dixwell
Average Rent
$2,455/Month
Year-Over-Year Rent Change
3.3%
TransitScore® Rating
57/100
Units Available
154 Rentals
Dixwell is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dixwell is $2,455 while the city average is $2,118. This is a -3.3% difference from last year. Residents enjoy convenient access to Albertus Magnus College, Whalley Crossing, and Connecticut Children's Museum. The neighborhood is considered walkable with a WalkScore® of 86.
Newhallville
Average Rent
$2,457/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
42/100
Units Available
153 Rentals
When you’re looking for a great New Haven neighborhood on a budget, check out Newhallville. The average rent is $2,457, compared to the city average of $2,118. Rent prices have increased by 0.1%. Newhallville is convenient to Farmington Canal Heritage Greenway, East Rock Park and Trowbridge Environmental Center, and University of New Haven. The community is walkable with a WalkScore® of 70.
Chapel Street Historic District
Average Rent
$2,564/Month
TransitScore® Rating
77/100
Units Available
120 Rentals
Chapel Street Historic District is an affordable neighborhood in New Haven with an average rent price of $2,564. Compare this to the city average of $2,118. Chapel Street Historic District provides easy access to Whalley Crossing, University of New Haven, and Edgewood Park and Ranger Station. It’s a walkable neighborhood with a WalkScore® of 99.
Upper State Street Historic District
Average Rent
$2,568/Month
TransitScore® Rating
55/100
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in New Haven, Upper State Street Historic District might be the perfect place! It has an average rent price of $2,568, while the city’s average stands at $2,118. Upper State Street Historic District is near Beaver Ponds Park, Connecticut Children's Museum, and East Rock Park and Trowbridge Environmental Center.
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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.