Most Affordable ZIP Codes in New Haven-Milford, CT (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 06704 | Waterbury, CT | $270,038 | $1,501 | 4.34% | 11.6% |
| 2 | 06705 | Waterbury, CT | $271,793 | $1,543 | 4.43% | 10.7% |
| 3 | 06706 | Waterbury, CT | $286,628 | $1,527 | 4.16% | 11.1% |
| 4 | 06513 | New Haven, CT | $303,066 | $1,831 | 4.71% | 8.6% |
| 5 | 06519 | New Haven, CT | $303,377 | $2,139 | 5.50% | 9.7% |
| 6 | 06708 | Waterbury, CT | $307,698 | $1,593 | 4.04% | 10.1% |
| 7 | 06710 | Waterbury, CT | $310,767 | $1,533 | 3.85% | 9.2% |
| 8 | 06450 | Meriden, CT | $322,386 | $1,852 | 4.48% | 8.4% |
| 9 | 06451 | Meriden, CT | $337,412 | $1,667 | 3.85% | 8.9% |
| 10 | 06418 | Derby, CT | $344,925 | $1,971 | 4.46% | 7.4% |
| 11 | 06514 | Hamden, CT | $345,605 | $2,105 | 4.75% | 7.9% |
| 12 | 06770 | Naugatuck, CT | $357,290 | $2,023 | 4.42% | 8.1% |
| 13 | 06512 | East Haven, CT | $365,766 | $2,249 | 4.80% | 7.3% |
| 14 | 06516 | West Haven, CT | $367,943 | $1,976 | 4.19% | 8.2% |
| 15 | 06511 | New Haven, CT | $369,667 | $2,135 | 4.50% | 6.4% |
| 16 | 06401 | Ansonia, CT | $386,624 | $1,871 | 3.77% | 8.0% |
| 17 | 06515 | New Haven, CT | $386,811 | $1,921 | 3.87% | 7.3% |
| 18 | 06510 | New Haven, CT | $390,754 | $2,391 | 4.77% | 4.0% |
| 19 | 06517 | Hamden, CT | $395,636 | $2,267 | 4.47% | 7.5% |
| 20 | 06716 | Wolcott, CT | $397,162 | $2,412 | 4.74% | 7.2% |
| 21 | 06518 | Hamden, CT | $404,615 | $2,442 | 4.71% | 7.1% |
| 22 | 06483 | Seymour, CT | $425,621 | $1,781 | 3.26% | 8.1% |
| 23 | 06403 | Beacon Falls, CT | $429,943 | $1,980 | 3.59% | 7.3% |
| 24 | 06492 | Wallingford, CT | $430,579 | $2,025 | 3.67% | 7.9% |
| 25 | 06488 | Southbury, CT | $457,560 | $2,300 | 3.92% | 6.5% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in New Haven-Milford, CT · Appreciation in New Haven-Milford, CT
Or see the full New Haven-Milford, CT metro profile.