
Cheap Homes for Rent in Downtown Neighborhood of New Haven, CT from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of New Haven.


23 Compton St, Unit BR3

10 Academy St, Unit 3

335 Sherman Ave

100 York St, Unit 5G

100 York St

213 Willow St

607 Chapel St

10 Kensington St

235 Wooster St, Unit 1F

55 Elliott St

116 Court St

548 Orange St
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 | $2,425 | $2,200 | $2,650 |
Downtown 3 Bedroom Homes for Rent | $2,627 | $1,800 | $3,500 |
Downtown 4 Bedroom Homes for Rent | $4,399 | $3,000 | $5,600 |
Downtown 5 Bedroom Homes for Rent | $4,712 | $3,300 | $5,500 |
Downtown 6 Bedroom Homes for Rent | $7,295 | $7,295 | $7,295 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Olive & Wooster Apartments | D4 Co-Living | 4BR,4BA | $1,129 |
19-21 Lynwood Place | 19 Lynwood Place 1 Bed 1 Bath | 1BR,1BA | $1,295 |
167 Wooster St | One Bedroom | 1BR,1BA | $1,500 |
Bulldog Apartments | 1Bedroom - Furnished(Optional) | 1BR,1BA | $1,675 |
New Haven Towers | Madison Tower - Studio Large | Studio,1BA | $1,695 |
Best Value Apartments for Rent in Downtown, CT
As of April 12, 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 227 Sherman Ave Model at 227 Sherman Ave, Unit 3 starting at $1,600 with a $1.45 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. |
---|---|---|---|
20 Pearl St, Unit 1 | 20 Pearl St | 4BR,2BA | $2.24 |
227 Sherman Ave, Unit 3 | 227 Sherman Ave | 3BR,1BA | $1.45 |
351 Sherman Ave, Unit 2 | 351 Sherman Ave | 3BR,1BA | $1.50 |
539 East St, Unit 3 | 539 East St | 3BR,1BA | $2.10 |
507 Sherman Pky, Unit First Floor | 507 Sherman Pky | 3BR,1BA | $2.00 |
Dwight Garden Apartments | 3 Bedroom Townhouse | 3BR,1BA | $2.07 |
329 Norton St, Unit 3 | 329 Norton St | 3BR,1BA | $2.49 |
57 William St, Unit 2 | 57 William St | 2BR,1BA | $2.43 |
167 Wooster St | One Bedroom | 1BR,1BA | $2.14 |
19-21 Lynwood Place | 19 Lynwood Place 1 Bed 1 Bath | 1BR,1BA | $2.35 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 453 Apartments for Rent in Downtown, CT with pricing that ranges from $1,069 to $9,715. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $775 to $8,500.
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 $775 to $8,500 with an average monthly rent of $4,382.
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 $1,509 to $7,583, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,069.
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.

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.

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.

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.

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.