
Cheap Apartments for Rent in the Downtown Neighborhood of New Haven, CT from $700 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of New Haven.


Total Monthly Price
30 Compton St, Unit 2, Unit 2

322 Edgewood Ave, Unit 322 Edgewood Av

250 Greene St

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Olive & Wooster

120 Dwight Street Apartments

Total Monthly Price
672 Congress Ave, Unit 4, Unit 4

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206 Sherman Ave, Unit B1, Unit B1

45 Frank St

66 Trumbull St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

768 State St

402 Crown St

71-73 Whitney Ave

203 West St

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159 Orange St, Unit 2FL, Unit 2FL

74 Pearl St

70 Admiral St

Total Monthly Price
Dwight Garden Apartments

4 Wall St

640 Elm St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

101 Carlisle St

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22 Lyon St, Unit 1 floor walkout garden, Unit 1 floor walkout garden

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92 Sylvan Ave, Unit 2, Unit 2

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340+ Dixwell

502 Chapel St

192 Foster St

4 Garden St

Total Monthly Price
604 Chapel St, Unit 1, Unit 1

20 Waverly St

Centerpointe New Haven
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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New Haven Towers

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The Eli

89 Carlisle St

968 State St

35 Nash St

546 Congress Ave

31 White St

957 State St

136 Dwight

574 George Street
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

49 Prince St

Apartments at 65 Dwight Street

1447 Chapel Street

66 William Street

434 George Street

140 Orange Street

215 Greene St

91 Howe St

42 Trumbull Street

The Eldorado
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Downtown, New Haven, CT Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $2,188 | $1,330 | $3,427 |
| Downtown 1 Bedroom Apartments | $2,603 | $800 | $6,454 |
| Downtown 2 Bedroom Apartments | $3,273 | $1,375 | $6,888 |
| Downtown 3 Bedroom Apartments | $3,546 | $900 | $6,829 |
| Downtown 4 Bedroom Apartments | $3,406 | $1,213 | $6,470 |
Browse Apartments in this Neighborhood
There are currently 70 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of New Haven, CT.
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Downtown, New Haven, CT Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of New Haven, CT is a 4 Beds unit found at Olive & Wooster priced from $1,213. Seabury Cooperative has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,321. Here are the most affordable Downtown apartments for rent in New Haven, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olive & Wooster | D2 Co-Living | 4BR,4BA | $1,213 |
| Seabury Cooperative | One Bed One Bath (SE1a) | 1BR,1BA | $1,321 |
| Bulldog Apartments | Studio PR | Studio,1BA | $1,505 |
| 165 Park Street | 165 Park Street 1 Bed 1 Bath | 1BR,1BA | $1,595 |
| Dwight Garden Apartments | 2 Bedroom Townhouse | 2BR,1BA | $1,603 |
Best Value Apartments for Rent in Downtown, CT
As of May 06, 2026 the best value apartment in the Downtown area is the $1.86 price per square foot 3 Bedroom Townhouse Model at Dwight Garden Apartments in the in the Long Wharf neighborhood starting from $3,046. The second greatest value Downtown apartment is the 652 George St Model at 652 George St, Unit 3 starting at $2,400 with a $1.94 price per square foot in the Long Wharf neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dwight Garden Apartments | 3 Bedroom Townhouse | 3BR,1BA | $1.86 |
| 652 George St, Unit 3 | 652 George St | 4BR,1BA | $1.94 |
| 34 Trumbull St, Unit Unit 1 | 34 Trumbull St | 2BR,1BA | $1.96 |
| 30 Compton St, Unit 2 | 30 Compton St | 3BR,1BA | $0.82 |
| 57 William St, Unit 1 | 57 William St | 3BR,1.5BA | $2.05 |
| Temple Square Apartments | 1 BEDROOM 1 BATHROOM | 1BR,1BA | $2.10 |
| 143 Davenport Ave, Unit 2nd | 143 Davenport Ave | 2BR,1BA | $1.75 |
| Metro on Crown | Studio | Studio ,1BA | $2.13 |
| 165 Park Street | 165 Park Street 1 Bed 1 Bath | 1BR,1BA | $1.82 |
| 159 Orange St, Unit 2FL | 159 Orange St | Studio ,1BA | $2.08 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
Our team is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Downtown, New Haven, and the greater New Haven area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendliness, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,603.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Seabury Cooperative which is listed at $1,321, while the average apartment in Downtown costs $7,895.
What types of apartments are the cheapest in Downtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown?
Cheap apartments in Downtown have an average cost of $179 which is $7,716 cheaper than the average rent for all rentals in Downtown.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.