Is New Haven, CT a good place to invest in rental property?

New Haven, CT has a median modeled monthly cash flow of $-418 and a median cap rate of 4.8%, on a median sold price of $390,000. Prices changed +6.8% year over year.

What is the average cap rate in New Haven, CT?

The median cap rate across recently sold homes in New Haven, CT is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Haven, CT?

The median sold price in New Haven, CT is $390,000 (about $212 per square foot).

Investing in New Haven, CT Real Estate

A data-driven snapshot of the New Haven, CT rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$390,000Median sold price

$212Median $/sqft

4.8%Median cap rate

$-418Modeled cash flow / mo

+6.8%Appreciation YoY

13.1Months of supply

770Active listings

703Sold (last 12 mo)

What the New Haven numbers say

In New Haven, CT, the median home sold for $390,000 (about $212 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-418 of monthly cash flow. Sold prices moved +6.8% over the past year. Inventory sits at about 13.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Connecticut markets to compare

See New Haven cash-flowing listings

CashFlowRE ranks every for-sale home in New Haven, CT by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Haven deals, or browse the national market data.