New Haven

Connecticut ยท Ranked #179 of 373 metros

77Affordable
๐Ÿ’ก
Housing in New Haven costs 4.33ร— the median income, below the national average of 4.5ร—. The median home price is $349K and median rent is $1,471/month. New Haven ranks #179 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$349K

Need $103K income

Median Rent

๐Ÿ”‘

$1,471

Need $59K income

Building Permits

๐Ÿ”จ

1,014

annual

Median Income

๐Ÿ’ฐ

$81K

Pop: 589,500

Rent Burden

โš ๏ธ

28.3%

of renters paying >30%

Homeownership

๐Ÿก

59.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricNew HavenNational
Price-to-Income Ratio4.33x6.1x
Rent Burden28.3%31.5%
Homeownership Rate59.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +72.6%Since 2000: +167.7%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,372/mo
1 Bedroom$1,591/mo
2 Bedroom$1,969/mo
3 Bedroom$2,433/mo
4 Bedroom$2,872/mo

Zillow Market Data

Home Value (ZHVI)

$388K

1yr: +4.3%5yr: +49.7%

Rent (ZORI)

$2,020/mo

1yr: +3.1%5yr: +44.0%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$248K

Active Inventory

365

Days on Market

60

Sold Above List

38.5%

Price Drops

14.8%