Apartments in Quinnipiac Meadows New Haven

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$1,695 - 3,300
441 Chapel St New Haven, CT
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New Haven:
November Rent Report

Welcome to the November 2024 New Haven Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the New Haven rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New Haven and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New Haven average rent prices in the chart below.

Monthly Rent Report

$3,150
$2,360
$1,580
$790
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

New Haven Rent Prices Increase From October to November

New Haven rent prices increased over the last month. From October to November, the city experienced a 0.61% increase for the price of a one-bedroom apartment. The rent price for a New Haven one-bedroom apartments currently stands at $2,482.0.

When we take a look at the two-bedroom comparison from October to November, New Haven experienced a 4.07% increase for the price of a two-bedroom apartment. The rent price for a New Haven two-bedroom apartments currently stands at $2,915.0.

November Prices: New Haven vs. Surrounding Areas

Milford, CT
New Haven, CT
Branford, CT
Hamden, CT
Meriden, CT
Waterbury, CT
$4,345
$2,467
$2,405
$1,891
$1,834
$1,564
$0
$1,450
$2,900
$4,350
$5,800
Median 1 BR Rent

Rent Prices in New Haven and Surrounding Areas

Rent prices have increased in New Haven over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the New Haven suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hamden, CT, Branford, CT, Milford, CT, Meriden, CT .

  • Rent decreased in Waterbury, CT.

  • 1 suburb is currently priced higher than the city of New Haven.

  • 4 suburbs are currently priced lower than the city of New Haven.

November 2024 Pricing Trends: New Haven vs. National Comparisons

New York, NY
San Francisco, CA
New Haven, CT
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,467
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

New Haven Rent Prices More Affordable Than Major Cities

Rent growth in New Haven over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, New Haven average rent prices appear to be relatively affordable for local residents.

The price for a New Haven one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about New Haven and surrounding area rent prices, take a look at the complete data set below.

Data set for New Haven and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
New Haven, CT $2,467.0 0.37% $2,801.0 4.98%
Hamden, CT $1,891.0 0.11% $2,386.0 -0.04%
Waterbury, CT $1,564.0 -0.06% $1,551.0 1.51%
Branford, CT $2,405.0 0.04% $3,116.0 0.29%
Milford, CT $4,345.0 1.14% $5,893.0 4.62%
Meriden, CT $1,834.0 13.63% $1,811.0 19.30%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.