ROIStack
Market Intelligence

New Haven, CT

Updated quarterly · Data sourced from Zillow ZHVI/ZORI, Census ACS, and FHFA. · Connecticut overview

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Home Value

$315k+0.9%

Median Rent

$1,690+0.8%

Per month average

Gross Yield

6.44%

Annual rent / value

Rent / Price

0.537%

1% rule benchmark

HH Income

$82,000

Median household

Owner-Occ

63.0%

Renter-Occ

37.0%

Tenant demand share

Population

870k

Metro area census

Market Analysis

The New Haven, CT real estate market currently sits at a median home value of $315k with median rents around $1,690/month, producing a gross yield of 6.44%. That puts New Haven in the category of moderate gross yield, investors here typically lean on appreciation alongside cash flow. Over the past year, home values are up 0.9%, while rents rose 0.8%, the gap between those two trends is what determines whether yield compresses or expands over time for buy-and-hold investors in Connecticut. New Haven is an owner-occupier market (63% owner-occupied) where investor competition is generally lighter, with median household income of $82,000 setting the affordability ceiling on future rent growth.

Frequently asked questions

What is the average rent in New Haven, CT?
As of late 2025, the median rent in New Haven is approximately $1,690 per month, with rent growth of 0.8% year over year.
Is New Haven a good market for rental property investing?
New Haven produces a gross rental yield of about 6.44%. That is below the 7% LTR benchmark, so investors in New Haven typically combine modest cash flow with appreciation upside. Run your specific numbers in a calculator before committing capital.
What is the median home price in New Haven?
The median home value in New Haven, CT is approximately $315,000, up 0.9% from a year ago.
How have home prices changed in New Haven over the past year?
Home values in New Haven have moved 0.9% year over year, while rents have changed by 0.8%. This price-to-rent gap is the single biggest driver of long-term rental investor returns in the Connecticut market.
What is the rent-to-price ratio in New Haven?
New Haven has a rent-to-price ratio of 0.537%, meaning monthly rent is about 0.537% of the home's price. The "1% rule" used by buy-and-hold investors looks for 1.0%+; this market falls short of that bar, which is typical for most large US metros today.

Nearby Connecticut markets

Hartford, CTBridgeport, CT

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