New Haven, CT

New Haven is a city located in the state of Connecticut. It is one of the most densely populated cities in the United States, with over 200,000 residents. The city has a rich history and culture, and is known for its universities ( Yale University and Brown University), its downtown district, and its many parks. New Haven has been ranked as one of the best places to live in the United States by Forbes magazine.

Real estate in New Haven is very expensive compared to other cities in Connecticut. The median home price in New Haven was $1 million as of March 2016, which is more than double the median home price for all of Connecticut ($500,000). The average rent for an apartment in New Haven was $2,700 per month as of March 2016. This makes it difficult for people who are not wealthy or have good credit to buy or rent an apartment in New Haven.

The city's economy is based largely on education and health care services. These sectors have been growing rapidly over the past few years, which has helped to drive up prices and rents for housing units and commercial properties alike. In addition, there are a number of high-end residential developments being built near Yale University and Brown University, which are likely contributing to increased prices across all areas of real estate in New Haven.