
Cheap Homes for Rent in Downtown Neighborhood of New Haven, CT from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of New Haven.


322 Edgewood Ave, Unit 322 Edgewood Av

28 Compton St, Unit 1, Unit 1

322 Edgewood Ave, Unit 322 Edgewood Av
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.

450 Orchard St

120 Wooster St

124 Court St

546 Congress Ave, Unit 1
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.
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 | $2,682 | $700 | $4,225 |
| Downtown 3 Bedroom Homes for Rent | $2,424 | $900 | $4,000 |
| Downtown 4 Bedroom Homes for Rent | $3,572 | $2,495 | $4,995 |
| Downtown 5 Bedroom Homes for Rent | $5,663 | $4,195 | $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 8 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 $1,213. 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 |
Best Value Apartments for Rent in Downtown, CT
As of May 07, 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 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 507 Apartments for Rent in Downtown, CT with pricing that ranges from $800 to $8,000. There are also 47 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 $4,383.
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 $7,525, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $1,211.
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.