New Haven, IN Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Haven is $1,096, a 11.92% increase compared to the previous year, when the average rent was $979.
One-bedroom apartments provide 593 square feet for $770, balancing privacy and affordability.
Two-beedroom units at $1,163 offer 1,007 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,226 sq ft) for $1,311, suitable for larger households.
Average rent in New Haven, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,096 | 950 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $770 | 593 sq. ft. |
| 2 Beds | $1,163 | 1,007 sq. ft. |
| 3 Beds | $1,311 | 1,226 sq. ft. |
New Haven, IN rent trends
Rental prices in New Haven, IN have increased by 11.92% over the past year. The average rent moved from $979 to $1,096.
What's the typical rent budget in New Haven, IN?
The largest share of rentals in New Haven, IN (69%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Haven, IN?
1,512 or 24% of the households in New Haven, IN are renter-occupied while 4,868 or 76% are owner-occupied.
How New Haven Compares to Other Cities
| City | Average Rent |
|---|---|
| New Haven | $1,096 |
| Indianapolis | $1,250 |
| Evansville | $1,024 |
| Bloomington | $1,595 |
| Fort Wayne | $1,126 |
| New Albany | $1,114 |
| Lafayette | $1,168 |
| Jeffersonville | $1,223 |
| Hammond | $1,224 |
| South Bend | $1,343 |
| Greenwood | $1,372 |
| Auburn, IN | $1,207 |
| Kendallville, IN | $929 |
| Huntington, IN | $912 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Haven apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.