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City · 134,349 residents · South Central Connecticut Planning Region, Connecticut

New Haven , Connecticut

In New Haven, a typical home is worth $287,100 and typical rent is $1,488 a month. Compared with all of South Central Connecticut Planning Region, typical household income is 36% lower, the typical home value is 19% lower, and the share of households that own their home is 32 points lower.

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  • Typical home value

    $287,100

    19% below the planning region

    22% below Connecticut

    • New Haven
    • South Central Connecticut
    • Connecticut

  • Typical rent

    $1,488a month

    2% below the planning region

    About the same as Connecticut

    • New Haven
    • South Central Connecticut
    • Connecticut

  • Typical household income

    $56,851a year

    36% below the planning region

    41% below Connecticut

    • New Haven
    • South Central Connecticut
    • Connecticut

  • Households that own their home

    28%

    32 points below the planning region

    38 points below Connecticut

    • New Haven
    • South Central Connecticut
    • Connecticut

Source: U.S. Census Bureau, Average 2020–2024

New Haven is in South Central Connecticut Planning Region. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of South Central Connecticut Planning Region. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets New Haven apart

What this place has that others do not, from public data, most unusual first.

  1. 28% of households in New Haven own their home, against 61% in South Central Connecticut Planning Region.

  2. The typical household income in New Haven is $56,851, 36% less than in South Central Connecticut Planning Region as a whole ($88,197).

  3. The typical home in New Haven is worth $287,100, 19% less than in South Central Connecticut Planning Region as a whole ($353,100).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in New Haven

What homes there are in New Haven, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in New Haven; the largest group, buildings of 2 to 4 homes, adds up to 39%, against 19% in South Central Connecticut Planning Region.

Year built

In New Haven, half of the homes were built before 1954; in South Central Connecticut Planning Region, before 1964.

Homes in New Haven are smaller: 34% have 3 bedrooms or more; in South Central Connecticut Planning Region, 52%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

By price, most homes in New Haven sit under the FHA limit for South Central Connecticut Planning Region ($541,287): about 87%.

Monthly rent with utilities

About 81% of rented homes in New Haven cost less than HUD's 2-bedroom fair market rent for South Central Connecticut Planning Region ($2,091).

With a mortgage

$2,157 a month

South Central Connecticut Planning Region: $2,377 a month

Without a mortgage

$1,149 a month

South Central Connecticut Planning Region: $1,107 a month

Owners with a mortgage

66%

South Central Connecticut Planning Region: 65%

Owning costs less in New Haven: with a mortgage, the typical cost is $2,157 a month; in South Central Connecticut Planning Region, $2,377. Without one, $1,149.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, the typical home value in New Haven rose 44%.

Since 2015–2019, the typical rent in New Haven rose 24%.

While home values in New Haven changed +44% and rent +24%, the typical household income rose 35%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNew HavenSouth Central Connecticut Planning RegionConnecticutUnited States
Rental vacancy 4.8%4.5%4.3%5.5%
Homeowner vacancy Unreliable estimate0.5%0.8%0.9%
More than one person per room 4.1%2.6%2.1%3.4%
People per household 2.292.382.462.53
Drive alone 56%69%69%69%
Carpool 7%7%8%9%
Public transit 7%3%3%3%
Walk or bike 15%5%3%3%
Work from home 14%14%16%15%
Other means 2%1%1%2%
Typical commute 10 to 19 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Open rentals in New Haven look like those in South Central Connecticut Planning Region: the rental vacancy rate is 4.8%.

More than one person per room: that is how 4.1% of households in New Haven live, more than in South Central Connecticut Planning Region (2.6%).

Much as in South Central Connecticut Planning Region, a household in New Haven has 2.29 people on average.

Many here get to work on foot or by bike: 15%, more than in South Central Connecticut Planning Region (5%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in New Haven?

A typical home costs more than the typical income allows

We start with a typical home in New Haven, worth $287,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 57% of the typical household income in New Haven, which is $56,851 a year. For that payment to be 28% of income, a household would need to earn about $115,381 a year.

The calculator's FHA and conventional loan limits are those of all of South Central Connecticut Planning Region.

Your numbers

Local data
$

Starts at the typical home value in New Haven. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,049 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,692

at 7.18% · 30 years

Loan amount
$281,899
Total interest
$405,587
Paid off in
November 2056

Includes $4,848 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,327 a month

  • Tight

    $1,327 to $1,706 a month

  • Hard

    more than $1,706 a month

    Your payment · 57%

Compared with the typical household income in New Haven ($56,851 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,692
Principal & interest$1,910
Property tax$536
Home insurance$120
FHA mortgage insurance (MIP)$127

You need at least $10,049 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

New Haven and South Central Connecticut Planning Region

New Haven is in South Central Connecticut Planning Region, Connecticut. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

New Haven's own numbers

Typical home value
$287,100
Typical monthly rent
$1,488
Typical yearly household income
$56,851
Households that own their home
28%
Effective property tax rate
2.24%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of South Central Connecticut Planning Region

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,091
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
4.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of South Central Connecticut Planning Region.

Everything about South Central Connecticut Planning Region

Buying

Buying a home in New Haven

A typical home in New Haven is worth $287,100: 19% below the planning region and 22% below Connecticut. With the typical household income in New Haven ($56,851 a year), a typical home costs 5.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • New Haven 5.1 years
  • South Central Connecticut 4.0 years
  • Connecticut 3.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in South Central Connecticut Planning Region

According to FHFA’s house price index, home prices in South Central Connecticut Planning Region rose 76% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of South Central Connecticut Planning Region.

Period Region Connecticut U.S.
Last year (2025) +6.3% +6.1% +2.9%
5 years (2020–2025) +61% +62% +47%
10 years (2015–2025) +76% +75% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

New Haven next to South Central Connecticut Planning Region, Connecticut and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • New Haven $287,100
  • South Central Connecticut $353,100
  • Connecticut $366,900
  • United States $332,700
Typical monthly rent
  • New Haven $1,488
  • South Central Connecticut $1,525
  • Connecticut $1,488
  • United States $1,413
Typical yearly household income
  • New Haven $56,851
  • South Central Connecticut $88,197
  • Connecticut $95,781
  • United States $80,734
See the full table
New Haven next to South Central Connecticut Planning Region and Connecticut
Measure New Haven South Central Connecticut Planning Region Connecticut U.S.
Typical home value $287,100 $353,100 $366,900 $332,700
Typical monthly rent $1,488 $1,525 $1,488 $1,413
Typical yearly household income $56,851 $88,197 $95,781 $80,734
Households that own their home 28% 61% 66% 65%
Typical yearly property tax $6,430 $6,759 $6,643 $3,119
Effective property tax rate 2.24% 1.91% 1.81% 0.94%
Renters with high rent for their income 57% 54% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below South Central Connecticut Planning Region. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in New Haven

For a typical $287,100 home in New Haven, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, New Haven's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,692a month

    Least cash to close
    Down payment
    $10,049
    Cash to close
    $18,662
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $127

  • Conventional, 5% down $2,640a month

    Down payment
    $14,355
    Cash to close
    $22,968
    Rate
    7.18%
    Mortgage insurance
    PMI · $136

  • Conventional, 20% down, no PMI $2,211a month

    Down payment
    $57,420
    Cash to close
    $66,033
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,477a month

    Down payment
    $43,065
    Cash to close
    $51,678
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for New Haven and for South Central Connecticut Planning Region.

Property tax

Effective rate in New Haven

2.24%of the home’s value each year

$6,430 a year for the typical owner in New Haven.

  • New Haven 2.24%
  • South Central Connecticut 1.91%
  • Connecticut 1.81%

What Connecticut publishes Deadline to appeal the assessment: February 20 (Connecticut General Assembly (General Statutes of Connecticut, Chapter 203))

Exemptions and deadlines in Connecticut

Flood risk in South Central Connecticut Planning Region

FEMA does not publish these numbers by city: they are for all of South Central Connecticut Planning Region.

Homes in the high-risk zone
4.9%
7,427
Of those, with NFIP insurance
52%
Region Connecticut U.S.
Homes in the high-risk zone 4.9% 3.1% 3.5%
Of those, with NFIP insurance 52% 51% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in New Haven

Typical rent in New Haven is $1,488 a month: 2% below the planning region. In New Haven, 57% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of South Central Connecticut Planning Region, by unit size. To pay the 2-bedroom one ($2,091 a month) without spending more than 30% of your income, you would need to earn $40.21 an hour working full time.

HUD fair market rent for all of South Central Connecticut Planning Region

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,609 $30.94 $64,360
1 bedroom $1,743 $33.52 $69,720
2 bedrooms $2,091 $40.21 $83,640
3 bedrooms $2,602 $50.04 $104,080
4 bedrooms $2,935 $56.44 $117,400

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

Low-income apartments

Low-income apartments in New Haven

HUD lists 106 buildings with rents for lower incomes in New Haven. These are the largest.

  • Bella Vista E 315 Eastern St, New Haven 06513 324 low-income homes · For older adults (203) 468-6311
  • Sunset Ridge 1 Mountain Ridge Ter, New Haven 312 low-income homes · 1 bd: 221 · 2 bd: 91 · In service since 1998
  • The Towers, formerly Tower I-Tower East 18 Tower Ln, New Haven 06519 328 homes, 243 low-income · For older adults (203) 772-1816
  • Elm Haven Rental I 69 Webster St, New Haven 236 homes, 227 low-income · Studio: 85 · 1 bd: 88 · 2 bd: 38 · 3 bd: 22 · 4 bd: 3
  • Residences at Ninth Square 44 Orange St, New Haven 335 homes, 196 low-income · Studio: 26 · 1 bd: 151 · 2 bd: 158

See all 166 buildings in South Central Connecticut Planning Region Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in New Haven

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 4 HUD-approved agencies with an office in South Central Connecticut Planning Region; 3 say they serve in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in New Haven

No down payment, repair or rent-help program on our list is for New Haven or South Central Connecticut Planning Region. The ones below are statewide in Connecticut: they work in New Haven the same as in the rest of the state.

Which programs do I qualify for? All programs in Connecticut

Housing counselors near New Haven

The HUD-approved agencies closest to the center of New Haven, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Neighborhood Housing Services of New Haven

    333 Sherman Ave, New Haven · 1 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (203) 562-0598

  • Mutual Housing Association of South Central Ct, Inc. DBA Neighborworks New Horizons

    235 Grand Ave, New Haven · 1 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (203) 562-4514

  • Urban League of Southern Connecticut

    10 Wintergreen Ave, New Haven · 2 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (203) 327-5810

Every agency in South Central Connecticut Planning Region All counseling agencies in Connecticut

Help in Spanish near New Haven

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of New Haven

HUD’s record names them for New Haven or South Central Connecticut Planning Region. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of New Haven Public housing and Section 8 vouchers (203) 498-8800

6 other authorities have an office in South Central Connecticut Planning Region: see the list Source: HUD

Cities

Other cities in South Central Connecticut Planning Region

These cities are also in South Central Connecticut Planning Region. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about South Central Connecticut Planning Region Housing in Connecticut

Nearby cities

The cities closest to New Haven, with the typical home value.

Neighboring counties

If South Central Connecticut Planning Region is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in New Haven.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about New Haven

Short answers with the numbers for New Haven and all of South Central Connecticut Planning Region. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in New Haven?

The typical home value in New Haven is $287,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in South Central Connecticut Planning Region it is $353,100.

How much does it cost to rent in New Haven?

Typical rent in New Haven is $1,488 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in South Central Connecticut Planning Region is $2,091.

What is the FHA loan limit in New Haven?

New Haven uses the FHA limit for all of South Central Connecticut Planning Region (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in New Haven?

The typical homeowner in New Haven pays $6,430 a year, according to the U.S. Census Bureau. That is 2.24% of the home’s value; in South Central Connecticut Planning Region, the rate is 1.91%.

Where can I find free help to buy or rent in New Haven?

There are 4 HUD-approved counseling agencies with an office in South Central Connecticut Planning Region. 3 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).