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These days, finding an affordable place to live in the New Haven area can be challenging. Home prices in New Haven are now at a median cost of $373,327, higher than the Vermont average of $340,025.
The average cost of rent is $1,180/mo in New Haven, primarily driven by the current value of real estate in the New Haven area. In New Haven, 20.53% of households rent, and 37.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Haven is $7,940 per month. Households that rent pay about 14.86% of their income on rent here. New Haven’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weybridge, VT: equally priced homes
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- Monkton Boro, VT: equally priced homes
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- Lincoln, VT: equally priced homes
Cities with Similar Populations
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- Kremmling, CO: equally priced homes
- Lena, WI: less expensive homes
- Long Grove, IA: equally priced homes
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