Cheap Apartments for Rent in the Downtown Neighborhood of New Haven, CT from $700 (67 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown area of 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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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.

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property at 644 Orange St

644 Orange St

New HavenCT06511
property at 30 Tilton St

30 Tilton St

New HavenCT06511

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.

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property at 72 Mechanic St

72 Mechanic St

New HavenCT06511
property at 960 State St

960 State St

New HavenCT06511

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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136 Dwight
2 Bedroom Apartments

136 Dwight

136 Dwight StNew Haven, CT 06511
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49 Prince St
Studio to 2 Bedroom Apartments

49 Prince St

49 Prince StNew Haven, CT 06519
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1447 Chapel Street
Studio to 2 Bedroom Apartments

1447 Chapel Street

1447 Chapel StNew Haven, CT 06511
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66 William Street
1 Bedroom Apartments

66 William Street

66-70 William StNew Haven, CT 06511
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140 Orange Street
Studio to 2 Bedroom Apartments

140 Orange Street

140 Orange StNew Haven, CT 06510
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434 George Street
Studio Apartments

434 George Street

434 George StNew Haven, CT 06511
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Seabury Cooperative
Studio to 2 Bedroom Apartments

Seabury Cooperative

400 Elm StNew Haven, CT 06511
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215 Greene St
2 Bedroom Apartments

215 Greene St

215 Greene StNew Haven, CT 06511
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91 Howe St
3 Bedroom Apartments

91 Howe St

91 Howe StNew Haven, CT 06511
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The Eldorado
Studio to 1 Bedroom Apartments

The Eldorado

1145 Chapel StNew Haven, CT 06511
Student Housing
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Showing Results 1-50, Page 1 of 2

Downtown, New Haven, CT Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of New Haven, CT is a Studio unit found at Seabury Cooperative priced from $900. Olive & Wooster Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,119. Here are the most affordable Downtown apartments for rent in New Haven, CT:

Apartment ListingModel NameBed/BathPriced From
Seabury CooperativeStudioStudio,1BA$900
Olive & Wooster ApartmentsD4 Co-Living4BR,4BA$1,119
Bulldog ApartmentsStudioStudio,1BA$1,495
167 Wooster StOne Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Downtown, CT

As of June 08, 2025 the best value apartment in the Downtown area is the $0.48 price per square foot 565 Orchard St Model at 565 Orchard St, Unit 2 in the in the Long Wharf neighborhood starting from $1,900. The second greatest value Downtown apartment is the 265 Orange St Model at 265 Orange St, Unit #2 starting at $4,749 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
565 Orchard St, Unit 2565 Orchard St3BR,1BA$0.48
265 Orange St, Unit #2265 Orange St4BR,2.5BA$1.70
Temple Square Apartments1 BEDROOM 1 BATHROOM1BR,1BA$2.10
539 East St, Unit 3539 East St3BR,1BA$2.10
40 Academy St, Unit 340 Academy St1BR,1BA$1.95
21 Admiral St, Unit 1st floor21 Admiral St2BR,1BA$1.89
Dwight Garden Apartments3 Bedroom Townhouse3BR,1BA$2.07
8 N Bank St, Unit 18 N Bank St1BR,1BA$1.94
34 Hallock St, Unit 134 Hallock St2BR,1BA$1.88
167 Wooster StOne Bedroom1BR,1BA$2.14

Quick 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.

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Pet Friendly Lifestyle
Downtown, New Haven, CT

Ranked #20

Among neighborhoods in New Haven, CT for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,500.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Seabury Cooperative which is listed at $1,050, while the average apartment in Downtown costs $11,195.

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 17 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 $337 which is $10,858 cheaper than the average rent for all rentals in Downtown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.