
Cheap Homes for Rent in Downtown Neighborhood of New Haven, CT from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of New Haven.


220 Sherman Ave, Unit 3

120 Wooster St

1175 Chapel St, Unit #502

1175 Chapel St, Unit #200

1175 Chapel St, Unit #401

32 Redfield St, Unit #2
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.

141 County St, Unit #2

5 Gilbert Ave, Unit #3

84 Munson St, Unit #2

1175 Chapel St, Unit #201

124 Court St

1175 Chapel St, Unit #202

69 Frank St, Unit #3
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.

10 Academy St, Unit 3

69 Frank St, Unit #2

69 Frank St, Unit #1

220 Sherman Ave, Unit 1

16 Daggett St, Unit 1

12 Lawrence St, Unit 2

16 Daggett St, Unit 2
Cash 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.

43 Chestnut St

119 Carmel St, Unit 3

355 Sherman Ave, Unit #3

196 Crown St

71-73 Whitney Ave

46 Warren St, Unit BSMT

804 Chapel St
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.
Downtown, New Haven, CT Local Guide

How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $2,264 | $700 | $4,225 |
| Downtown 3 Bedroom Homes for Rent | $2,647 | $1,900 | $3,475 |
| Downtown 4 Bedroom Homes for Rent | $3,559 | $2,495 | $4,500 |
| Downtown 5 Bedroom Homes for Rent | $4,873 | $1,700 | $7,845 |
| Downtown 6 Bedroom Homes for Rent | $7,195 | $7,195 | $7,195 |
| Downtown 7 Bedroom Homes for Rent | $10,395 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of New Haven, CT.
Explore New Haven
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 $1,394. 120 Dwight Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,430. Here are the most affordable Downtown apartments for rent in New Haven, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olive & Wooster | D5 Co-Living | 4BR,4BA | $1,394 |
| 120 Dwight Street Apartments | Studio Reno | Studio,1BA | $1,430 |
| Seabury Cooperative | One Bed One Bath (SE1a) | 1BR,1BA | $1,580 |
| 165 Park Street | 165 Park Street 1 Bed 1 Bath | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Downtown, CT
As of June 22, 2026 the best value apartment in the Downtown area is the $2.19 price per square foot 9 Pearl St Model at 9 Pearl St, Unit A in the in the Long Wharf neighborhood starting from $4,500. The second greatest value Downtown apartment is the 3 Bedroom Townhouse Model at Dwight Garden Apartments starting at $3,046 with a $1.86 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. |
|---|---|---|---|
| 9 Pearl St, Unit A | 9 Pearl St | 4BR,2.5BA | $2.19 |
| Dwight Garden Apartments | 3 Bedroom Townhouse | 3BR,1BA | $1.86 |
| 652 George St, Unit 3 | 652 George St | 4BR,1BA | $1.78 |
| 603 Howard Ave, Unit 2 | 603 Howard Ave | 4BR,1BA | $1.81 |
| 30 Compton St, Unit 2 | 30 Compton St | 3BR,1BA | $0.82 |
| Metro on Crown | Studio | Studio ,1BA | $1.94 |
| 52 Dickerman St, Unit 3L | 52 Dickerman St | 3BR,1BA | $1.75 |
| 165 Park Street | 165 Park Street 1 Bed 1 Bath | 1BR,1BA | $1.82 |
| 225 Sherman Ave, Unit 2A | 225 Sherman Ave | 1BR,1BA | $1.50 |
| 33 Dickerman St, Unit 4 | 33 Dickerman St | 3BR,1BA | $1.97 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 484 Apartments for Rent in Downtown, CT with pricing that ranges from $900 to $8,513. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $700 to $10,395.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $700 to $10,395 with an average monthly rent of $4,432.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $900 to $7,594, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,475. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,394.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.