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New Haven city, CT

ZIP 06511 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06511

Median Home Value
$313,400
Median Rent
$1,295
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,013/mo PITI).

28%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

20.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06511 in New Haven city, CT, a household would need roughly $86,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,013. That is about 53% above the local median household income ($56,300), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
20.1%-69% vs US avg
x
Vacancy Rate
11.6%+13% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
6.9%-46% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
27.8%-44% vs US avg
x
Mortgage-Free
34.9%-9% vs US avg
x
$313,400
Home Value
$1,295
Rent
1938
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached14.2%
  • 1-unit attached4.1%
  • 2-9 units53.6%
  • 10+ units27.8%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$313,400
Median rent$1,295
Owner-occupied20.1%
Vacant11.6%
Price-to-income5.6x
Est. income to buy$86,000