New Haven, IN Rental Market Trends
Highlights
The average rent for an apartment in New Haven is $638, a 13% increase compared to the previous year, when the average rent was $566.
Average Rent in New Haven, IN
Last updated Aug 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $638 | 13% | 816 sq. ft. |
The average size for a New Haven, IN apartment is 816 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Haven, IN Apartment Rent Ranges
- < $5006%
- $501-$70066%
- $701-$1,00028%
New Haven, IN Occupied Housing Units
- Renter-occupied Households33%
- Owner-occupied Households66%
2,057 or 33% of the households in New Haven, IN are renter-occupied while 4,026 or 66% are owner-occupied.
New Haven, IN Rent Trends
| Average Rent | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Sept / 2018 | Jan / 2019 | Aug / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| New Haven, IN | $495 | $504 | $524 | $524 | $556 | $566 | $566 | $617 | $626 | $638 |
| National | $1,344 | $1,352 | $1,347 | $1,379 | $1,381 | $1,382 | $1,418 | $1,427 | $1,430 | $1,466 |
/
How Does New Haven Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Fort Wayne | $776 | 3% |
| New Haven | $638 | 13% |
| Huntertown | $897 | 9% |
For more information about the New Haven rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all New Haven apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.