76 Luxury Apartments for rent in New Haven, CT

Last updated January 24 at 10:31am UTC
1263 Chapel St Apt A3
Dwight
New Haven, CT
Updated January 18 at 7:57pm UTC
2 Bedrooms
$1,550
261 Winthrop Ave
West River
New Haven, CT
Updated November 9 at 12:05pm UTC
6 Bedrooms
$2,700
165 Sheffield Ave
Prospect Hill
New Haven, CT
Updated January 4 at 12:14pm UTC
4 Bedrooms
$1,800
21 Rosette St Fl 2
Hill
New Haven, CT
Updated December 8 at 12:10pm UTC
5 Bedrooms
$1,645
1400 State St Apt 103
East Rock
New Haven, CT
Updated December 8 at 12:10pm UTC
2 Bedrooms
$1,925
262 Dixwell Ave
Dixwell
New Haven, CT
Updated October 31 at 9:35am UTC
5 Bedrooms
$1,650
2 Academy Street
Wooster Square - Mill River
New Haven, CT
Updated January 20 at 2:11am UTC
2 Bedrooms
$2,400
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January 2018 New Haven Rent Report

Welcome to the January 2018 New Haven Rent Report. New Haven rents declined over the past month. In this report, we'll evaluate trends in the New Haven rental market, including comparisons to cities throughout the state and nation.

View full New Haven Rent Report
Rent Report
New Haven

January 2018 New Haven Rent Report

Welcome to the January 2018 New Haven Rent Report. New Haven rents declined over the past month. In this report, we'll evaluate trends in the New Haven rental market, including comparisons to cities throughout the state and nation.

New Haven rents declined significantly over the past month

New Haven rents have declined 0.5% over the past month, but have increased significantly by 4.6% in comparison to the same time last year. Currently, median rents in New Haven stand at $1,080 for a one-bedroom apartment and $1,320 for a two-bedroom. New Haven's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 2.8%.

Rents rising across cities in Connecticut

Throughout the past year, rent increases have been occurring not just in the city of New Haven, but across the entire state. Of the largest 10 cities that we have data for in Connecticut, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.4% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Stamford is the most expensive of all Connecticut's major cities, with a median two-bedroom rent of $1,870; of the 10 largest cities in Connecticut that we have data for, Norwalk and Stamford, where two-bedrooms go for $1,650 and $1,870, are the only two major cities in the state to see rents fall year-over-year (-3.6% and -0.4%).
  • New Haven, Meriden, and New Britain have all experienced year-over-year growth above the state average (4.6%, 3.8%, and 1.6%, respectively).

New Haven rents more affordable than many large cities nationwide

As rents have increased significantly in New Haven, a few large cities nationwide have seen rents grow more modestly. New Haven is still more affordable than most large cities across the country.

  • New Haven's median two-bedroom rent of $1,320 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 4.6% increase in New Haven.
  • While New Haven's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in New Haven than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than twice the price in New Haven.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.