
Cheap Apartments for Rent in the Downtown Neighborhood of New Haven, CT from $700 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of New Haven.


546 Congress Ave

66 Trumbull St

1371 Chapel St

872 State St

Bulldog Apartments

4 Wall St
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.

312 St John St, Unit 1F

167 Wooster St

340+ Dixwell

89 Carlisle St

34 Hallock St, Unit 1

601 East St
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.

13 Pleasant St

50 Carmel St

698 Orange St

268 College St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $2,168 | $1,250 | $4,337 |
Downtown 1 Bedroom Apartments | $2,610 | $1,495 | $6,976 |
Downtown 2 Bedroom Apartments | $3,323 | $1,400 | $8,243 |
Downtown 3 Bedroom Apartments | $3,908 | $1,509 | $8,335 |
Downtown 4 Bedroom Apartments | $2,449 | $800 | $6,450 |
Browse Apartments in this Neighborhood
There are currently 55 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 Apartments priced from $1,129. 167 Wooster St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Downtown apartments for rent in New Haven, CT:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Olive & Wooster Apartments | D4 Co-Living | 4BR,4BA | $1,129 |
167 Wooster St | One Bedroom | 1BR,1BA | $1,500 |
Bulldog Apartments | 1Bedroom - Furnished(Optional) | 1BR,1BA | $1,675 |
Axis 201 | Studio | Studio,1BA | $1,722 |
Cadence on Canal | A2.4 | Studio,1BA | $1,780 |
Best Value Apartments for Rent in Downtown, CT
As of May 13, 2025 the best value apartment in the Downtown area is the $1.70 price per square foot 265 Orange St Model at 265 Orange St, Unit #2 in the in the Long Wharf neighborhood starting from $4,749. The second greatest value Downtown apartment is the 527 Chapel St Model at 527 Chapel St, Unit A4 starting at $1,900 with a $1.90 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. |
---|---|---|---|
265 Orange St, Unit #2 | 265 Orange St | 4BR,2.5BA | $1.70 |
527 Chapel St, Unit A4 | 527 Chapel St | 1BR,1BA | $1.90 |
62 Shelton Ave, Unit Third floor | 62 Shelton Ave | 2BR,1BA | $1.85 |
539 East St, Unit 3 | 539 East St | 3BR,1BA | $2.10 |
Dwight Garden Apartments | 3 Bedroom Townhouse | 3BR,1BA | $2.07 |
46 Warren St, Unit 1 | 46 Warren St | 1BR,1BA | $2.15 |
34 Hallock St, Unit 1A1 | 34 Hallock St | 2BR,1BA | $1.94 |
89 Carlisle St, Unit 2 | 89 Carlisle St | 2BR,1BA | $1.99 |
167 Wooster St | One Bedroom | 1BR,1BA | $2.14 |
545 East St, Unit 2 | 545 East St | 2BR,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.
Pet Friendly LifestyleDowntown, New Haven, CT
Ranked #22
Among neighborhoods in New Haven, CT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,780.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is 167 Wooster St which is listed at $1,500, 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 20 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 $494 which is $10,701 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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.