Rental market snapshot for Wooster Square, New Haven
Wooster Square rental market summary
The rental market in Wooster Square, Connecticut is showing signs of growth. In July 2023, there were 94 new listings, indicating an increase in the availability of rental properties. The median rent in July 2023 was $2,295, a decrease of 2.3% from the previous month and 8.6% from the same time last year. This suggests that rental prices in the area are becoming more affordable.
Overall, the rental market in Wooster Square is becoming more attractive to potential tenants. With an increasing number of listings and decreasing rental prices, it is likely that the area will continue to experience growth in the coming months.
Median rent for all residential properties in Wooster Square
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The most expensive listings and top trending buildings in Wooster Square
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 20 Academy St | $8,000 | 5 / 3.5 |
| 38 Academy St | $5,250 | 3 / 2.0 |
| 250 Greene St | $3,500 | 2 / 2.0 |
| 321 Saint John St | $3,300 | 3 / 2.0 |
| 250 Greene St | $3,000 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| B.HOM Student Living LLC | $2,488 |
| Prime Property Management Group LLC | $2,061 |
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Bedroom Breakdown in Wooster Square
Wooster Square neighborhood apartments rents
The rental market for studios in Wooster Square, Connecticut, is showing signs of improvement. In June 2023, there were four new studio listings, which is a positive sign for the market. The median rent for studios in June 2023 was $2,124, which is a 6.3% decrease from the median rent in May 2023 of $2,266. This suggests that the rental market is becoming more affordable for tenants, which could lead to an increase in demand for studio apartments in the area.
The rental market for 1-bedroom apartments in Wooster Square, Connecticut is showing signs of growth. In July 2023, there were 9 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,150, which is 3.5% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Wooster Square, Connecticut is showing signs of growth and increased competition.
The rental market for 2-bedroom apartments in Wooster Square, Connecticut is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, representing a 2.0% increase in median rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,600, indicating that the rental market is on the rise. This is good news for potential renters looking for a 2-bedroom apartment in Wooster Square, Connecticut.