States › Michigan › New Haven

Is New Haven, MI expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,40220% lower than U.S. average
💵 Families earn per year (2026)$71,316about $5,943/month · 18% lower than U.S. average
🔑 House price$209,00037% lower than U.S. average

Rent is lower than in 63% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 33.8 minutes each way. Most homes (77.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $56,080 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Michigan cities?

No. Rent here is more expensive than in most of Michigan. It is number 105 of 179 cities from cheapest to most expensive.

New Haven
$1,402
$1,297
$1,255
$1,229

How much do households earn in New Haven?

Under $25k
15.6%
$25k–50k
25.3%
$50k–100k
31.5%
$100k–150k
19.6%
$150k+
5.6%

Share of households by yearly income. 25.2% of households earn $100,000 or more.

Rent by apartment size in New Haven

SizeNew HavenU.S. average
3 bedrooms$1,448$1,698
4 bedrooms$1,746$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is New Haven overall?

Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).

Housing
82
Goods (food, clothes…)
96
Utilities
100
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New Haven, so the Michigan figure is shown.

Taxes and bills in New Haven

🏛️ Property tax$3,214a year · 1.54% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in New Haven

Commute to work33.8 minU.S.: 26.4 min
College degree22.7%U.S.: 35.7%
Own their home77.2%U.S.: 65.2%
Below poverty line13.8%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in New Haven?

About the same. Renting and owning cost within $48 of each other each month.

Renting
$1,402
Owning
$1,450

Owning assumes a typical $209,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,900 for the down payment.

Frequently asked questions

What is the average rent in New Haven, MI?

Renting in New Haven costs a median of about $1,402 a month in 2026, including utilities. The Michigan median is $1,314.

How much do I need to make to live in New Haven?

To keep rent under 30% of income, you need about $56,080 a year, or $27 an hour at a full-time job.

Is New Haven cheap or expensive?

New Haven is rated OK: rent takes 23.6% of the typical household income of $71,316. It ranks 105th cheapest of 179 Michigan cities we track.

How much are property taxes in New Haven?

The median homeowner in New Haven pays $3,214 a year in property taxes, about 1.54% of the median home value.

Is New Haven more expensive than the national average?

Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in New Haven?

The median home value in New Haven is $209,000, about 2.9 times the typical yearly household income.

6,475 people live in New Haven. Numbers are typical (middle) values.