Rental numbers for the New Haven, CT metro
The typical home here runs -$1,567 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 6.6%
- 27 ZIPs with full data
- Cash flow
- -$1,567/mo
- at 7.78%, 25% down
- Typical price
- $409,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,082/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
40 with published figures
| 06716Wolcott | $395,000 | $2,680* | 8.1% | 3.7% | -$904 | n/a |
| 06514Hamden | $344,000 | $2,220 | 7.7% | 2.5% | -$1,149 | +0.3% |
| 06519New Haven | $307,000 | $1,967 | 7.7% | 3.3% | -$823 | +5.6% |
| 06518Hamden | $402,000 | $2,573 | 7.7% | 2.5% | -$1,313 | +3.8% |
| 06512East Haven | $365,000 | $2,277 | 7.5% | 2.9% | -$1,080 | +2.3% |
| 06473North Haven | $477,000 | $2,858 | 7.2% | 3.0% | -$1,381 | n/a |
| 06706Waterbury | $287,000 | $1,710* | 7.1% | 1.9% | -$1,103 | n/a |
| 06450Meriden | $322,000 | $1,917 | 7.1% | 2.4% | -$1,092 | +6.2% |
| 06451Meriden | $337,000 | $1,997 | 7.1% | 2.3% | -$1,169 | n/a |
| 06510New Haven | $398,000 | $2,353 | 7.1% | n/a | n/a | -2.4% |
| 06513New Haven | $303,000 | $1,777 | 7.0% | 2.1% | -$1,094 | +6.8% |
| 06705Waterbury | $271,000 | $1,581 | 7.0% | 1.6% | -$1,106 | +7.0% |
| 06704Waterbury | $270,000 | $1,504 | 6.7% | 1.3% | -$1,170 | +0.9% |
| 06488Southbury | $453,000 | $2,525 | 6.7% | 2.8% | -$1,391 | n/a |
| 06770Naugatuck | $354,000 | $1,957 | 6.6% | 1.7% | -$1,421 | +2.0% |
| 06418Derby | $343,000 | $1,889 | 6.6% | 1.9% | -$1,303 | n/a |
| 06511New Haven | $372,000 | $2,002 | 6.5% | 1.9% | -$1,411 | +1.2% |
| 06516West Haven | $366,000 | $1,965 | 6.4% | 1.6% | -$1,493 | +3.0% |
| 06461Milford | $506,000 | $2,700* | 6.4% | 2.5% | -$1,685 | n/a |
| 06517Hamden | $391,000 | $2,083 | 6.4% | 1.4% | -$1,639 | +1.2% |
| 06410Cheshire | $543,000 | $2,827 | 6.3% | 2.3% | -$1,908 | n/a |
| 06708Waterbury | $306,000 | $1,586 | 6.2% | 1.0% | -$1,398 | +4.4% |
| 06405Branford | $469,000 | $2,428 | 6.2% | 2.3% | -$1,638 | +4.0% |
| 06403Beacon Falls | $427,000 | $2,200* | 6.2% | 2.0% | -$1,598 | n/a |
| 06401Ansonia | $386,000 | $1,922 | 6.0% | 1.7% | -$1,531 | n/a |
| 06712Prospect | $476,000 | $2,340* | 5.9% | 1.8% | -$1,848 | n/a |
| 06515New Haven | $386,000 | $1,889 | 5.9% | 1.4% | -$1,631 | +3.7% |
| 06460Milford | $512,000 | $2,488 | 5.8% | 2.0% | -$1,898 | +4.3% |
| 06471North Branford | $461,000 | $2,230* | 5.8% | 1.8% | -$1,797 | n/a |
| 06710Waterbury | $314,000 | $1,517 | 5.8% | 0.9% | -$1,461 | +3.9% |
| 06492Wallingford | $431,000 | $2,012 | 5.6% | 1.6% | -$1,732 | +12.6% |
| 06437Guilford | $642,000 | $2,992 | 5.6% | 1.8% | -$2,490 | n/a |
| 06443Madison | $726,000 | $3,333 | 5.5% | 2.0% | -$2,722 | n/a |
| 06477Orange | $634,000 | $2,650* | 5.0% | 1.2% | -$2,802 | n/a |
| 06483Seymour | $422,000 | $1,710* | 4.9% | 0.9% | -$1,968 | n/a |
| 06472North Branford | $505,000 | $1,960* | 4.7% | 0.8% | -$2,395 | n/a |
| 06762Middlebury | $552,000 | $2,100* | 4.6% | 0.8% | -$2,615 | n/a |
| 06524Bethany | $562,000 | $2,100* | 4.5% | 0.5% | -$2,799 | n/a |
| 06525Woodbridge | $707,000 | $2,410* | 4.1% | 0.5% | -$3,502 | n/a |
| 06478Oxford | $596,000 | $1,710* | 3.4% | 0.2% | -$3,095 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.9%
- Rent, 12 months
- +3.1%
- Rent minus price growth
- -1.8 pts
- Property tax
- 1.86%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $290,903 | $1,535 |
| Aug 2022 | $324,893 | $1,702 |
| Aug 2023 | $345,924 | $1,837 |
| Aug 2024 | $376,471 | $1,964 |
| Aug 2025 | $390,334 | $2,020 |
| Aug 2026 | $409,372 | $2,082 |
Tools
Questions
- Is the New Haven, CT metro good for rental property?
- The typical home here runs -$1,567 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the New Haven, CT metro have the highest rental yield?
- 06514 (Hamden) at 7.7%, 06519 (New Haven) at 7.7%, 06518 (Hamden) at 7.7%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.