New Haven, IN Rental Market Trends
Highlights
The average rent for an apartment in New Haven is $653, a 4% increase compared to the previous year, when the average rent was $626.
Average Rent in New Haven, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $653 | 4% | 861 sq. ft. |
The average size for a New Haven, IN apartment is 861 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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
- $501-$70072%
- $701-$1,00028%
New Haven, IN Occupied Housing Units
- Renter-occupied Households32%
- Owner-occupied Households67%
2,008 or 32% of the households in New Haven, IN are renter-occupied while 4,185 or 67% are owner-occupied.
New Haven, IN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| New Haven, IN | $524 | $524 | $556 | $566 | $566 | $617 | $626 | $638 | $646 | $653 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How New Haven Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| South Bend | $963 | 6% |
| Bloomington | $1,126 | 2% |
| Fort Wayne | $802 | 6% |
| Carmel | $1,178 | 6% |
| Columbia City | $803 | 4% |
| Decatur | $640 | -5% |
| Adams | $613 | 9% |
| Auburn | $717 | n/a |
| New Haven | $653 | 4% |
For more information about the New Haven rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!