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Affordable
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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 $315,639, lower than the Wyoming average of $376,641.
The average cost of rent is $687/mo in New Haven, primarily driven by the current value of real estate in the New Haven area. In New Haven, 16.60% of households rent, and 58.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Haven is $6,952 per month. Households that rent pay about 9.88% of their income on rent here. New Haven’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Guinea, VA: equally priced homes
- Guernewood Park, CA: higher priced homes
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