Cheap Apartments for Rent in the Downtown Neighborhood of New Haven, CT from $700 (59 Rentals)

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

property at 263 Dwight St

263 Dwight St

New HavenCT06511
property at 414 Dixwell Ave

414 Dixwell Ave

New HavenCT06511
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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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140 Orange Street
Studio to 2 Bedroom Apartments

140 Orange Street

140 Orange StNew Haven, CT 06510
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66 William Street
1 Bedroom Apartments

66 William Street

66-70 William StNew Haven, CT 06511
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434 George Street
Studio Apartments

434 George Street

434 George 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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Florence Virtue
1 to 4 Bedroom Apartments

Florence Virtue

37 Orchard PlNew 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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Howe Place Apartments
Studio to 2 Bedroom Apartments

Howe Place Apartments

70 Howe StNew Haven, CT 06511
Student Housing
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Campus View Apartments
Studio to 2 Bedroom Apartments

Campus View Apartments

84 Howe StNew Haven, CT 06511
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365 Orchard Street
2 Bedroom Apartments

365 Orchard Street

365 Orchard StNew Haven, CT 06511
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250 Greene St
1 to 3 Bedroom Apartments

250 Greene St

250 Greene StNew Haven, CT 06511
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17 Howe Street
Studio Apartments

17 Howe Street

17 Howe StNew Haven, CT 06511
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33 Howe Street
3 Bedroom Apartments

33 Howe Street

33 Howe StNew Haven, CT 06511
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80 Howe Street
1 to 2 Bedroom Apartments

80 Howe Street

80 Howe StNew Haven, CT 06511
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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 4 Beds unit found at Olive & Wooster Apartments priced from $1,129. 19-21 Lynwood Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Downtown apartments for rent in New Haven, CT:

Apartment ListingModel NameBed/BathPriced From
Olive & Wooster ApartmentsD4 Co-Living4BR,4BA$1,129
19-21 Lynwood Place19 Lynwood Place 1 Bed 1 Bath1BR,1BA$1,295
167 Wooster StOne Bedroom1BR,1BA$1,500
Bulldog Apartments1Bedroom - Furnished(Optional)1BR,1BA$1,675
New Haven TowersMadison Tower - Studio LargeStudio,1BA$1,695
Axis 201StudioStudio,1BA$1,722

Best Value Apartments for Rent in Downtown, CT

As of April 15, 2025 the best value apartment in the Downtown area is the $2.24 price per square foot 20 Pearl St Model at 20 Pearl St, Unit 1 in the in the Long Wharf neighborhood starting from $3,500. The second greatest value Downtown apartment is the 351 Sherman Ave Model at 351 Sherman Ave, Unit 2 starting at $1,650 with a $1.50 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.
20 Pearl St, Unit 120 Pearl St4BR,2BA$2.24
351 Sherman Ave, Unit 2351 Sherman Ave3BR,1BA$1.50
227 Sherman Ave, Unit 3227 Sherman Ave3BR,1BA$1.45
539 East St, Unit 3539 East St3BR,1BA$2.10
Dwight Garden Apartments3 Bedroom Townhouse3BR,1BA$2.07
507 Sherman Pky, Unit First Floor507 Sherman Pky3BR,1BA$2.00
329 Norton St, Unit 3329 Norton St3BR,1BA$2.49
57 William St, Unit 257 William St2BR,1BA$2.43
167 Wooster StOne Bedroom1BR,1BA$2.14
19-21 Lynwood Place19 Lynwood Place 1 Bed 1 Bath1BR,1BA$2.35

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 #21

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 $1,722.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is 19-21 Lynwood Place which is listed at $1,295, while the average apartment in Downtown costs $6,200.

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 25 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 $480 which is $5,720 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.