New Haven, Connecticut Short-Term Rental Market
The New Haven area STR market earned $234 ADR at 65% occupancy in June 2026.
Quick Answer: New Haven, Connecticut is an active short-term rental market. average occupancy in the Stamford/New Haven market area is 65%. average monthly revenue in the Stamford/New Haven market area is $4,094. average daily rate in the Stamford/New Haven market area is $234. the top operator in the Stamford/New Haven market area is Compass Furnished Apartments with 54 listings. market score is 49/100 (grade D).
Market data reflects the Stamford/New Haven regional market, which includes New Haven. Regulations, taxes, and permit details below are specific to New Haven.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
New Haven, Connecticut draws an estimated one million visitors annually, anchored by Yale University and its free, world-class museums, including the Yale University Art Gallery, the Yale Center for British Art, and the Yale Peabody Museum of Natural History. The city is also a noted food destination known for New Haven-style apizza, with more than 100 downtown restaurants near the New Haven Green, and demand has a strong academic-calendar component tied to graduation, parents’ weekend, and reunions layered over year-round business and medical travel connected to Yale and Yale New Haven Hospital. The city’s population is about 137,556, the largest in this batch.
Short-term rental performance data in this data set is tracked at a submarket level shared across a 4-city southern Connecticut coastal cluster, so the figures below describe the wider New Haven area STR market rather than city-limits-only precision. In June 2026, the most recent month with complete data, the area’s average daily rate across all listings was $233.80 at 65.36% occupancy, generating average monthly revenue of $4,093.80 per listing. Occupancy is roughly flat year over year (down 0.27%), ADR is down 3.26%, and monthly revenue is up a strong 6.59% year over year.
Bedroom mix, listing-type mix, channel mix, and market-score data in this data set are tracked at a shared regional level rather than measured uniquely for New Haven, so this profile omits those figures rather than present regional numbers as if they were city-specific. Booking data for the area shows an average lead time of 49.63 days and an average length of stay of 5.27 nights, the longest average stay in this batch, consistent with academic-calendar visits and extended university-related stays.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 48% | $124 | $1,791 |
| Feb | 58% | $122 | $1,784 |
| Mar | 59% | $124 | $1,983 |
| Apr | 63% | $132 | $2,145 |
| May | 64% | $168 | $2,629 |
| Jun | 67% | $183 | $3,156 |
| Jul | 71% | $188 | $3,562 |
| Aug | 71% | $194 | $3,641 |
| Sep | 62% | $164 | $2,705 |
| Oct | 61% | $156 | $2,662 |
| Nov | 57% | $149 | $2,294 |
| Dec | 53% | $150 | $2,252 |
Top Short-Term Rental Operators in Stamford/New Haven market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Stamford/New Haven market as a whole, which includes New Haven, so these counts are not New Haven-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Compass Furnished Apartments | 54 | 51 | ★ 4.45 |
| 2 | Housing solutions | 50 | 2,034 | ★ 4.71 |
| 3 | Evolve | 29 | 774 | ★ 4.26 |
| 4 | ITrip Vacations | 17 | 302 | ★ 4.90 |
| 5 | Premium Trips | 14 | 233 | ★ 4.52 |
What Kind of STR Should I Buy in New Haven?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,816 |
| 2 bed | 774 |
| 3 bed | 590 |
| 4 bed | 318 |
| 5 bed | 221 |
ADR by Property Tier
| Entire Home | $291 |
| Luxury | $476 |
| Professionally Managed | $194 |
Revenue by Dwelling Type
| Apartment | $3,030 |
| Entire Place | $4,927 |
| House | $4,899 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 63.1% |
| vrbo | 5.1% |
| both | 31.8% |
Investment Analysis
At the area’s current average daily rate of $233.80, the New Haven area STR market produced $4,093.80 in average monthly revenue per listing in June 2026, or roughly $49,126 annualized. Against New Haven’s own typical home value of $340,802.69 (per Zillow data as of June 30, 2026, a genuinely city-specific figure), that annualized revenue implies a gross rental yield of approximately 14.4% before accounting for mortgage, taxes, insurance, cleaning, and management costs.
New Haven’s regulatory environment is notably light for a market of its size: there is no dedicated short-term rental ordinance, and most typical STR investment properties, single-family homes and owner-occupied two- or three-family dwellings, are exempt from the city’s only rental licensing requirement (the Livable City Initiative’s Residential Rental Business License, which applies to non-owner-occupied 2-3 unit buildings and all 4-plus unit buildings). This is a meaningfully lower regulatory barrier to entry than in several other markets in this batch.
ADR tiers show an unusual pattern here: entire-home listings average $291.03 per night, well above the all-listings figure, and luxury-tier listings command $475.61 (roughly 103% above), but professionally managed listings average just $194.22, actually below the all-listings average of $233.80, an inversion not seen in most markets in this batch. This suggests owner-managed and entire-home listings may be capturing a premium here that professional management, at least as currently practiced, is not.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Guests in the New Haven area book an average of 49.63 days ahead of their stay, and the average length of stay is 5.27 nights, the longest average stay in this batch. This combination points to planned visits tied to Yale’s academic calendar, graduation, parents’ weekend, campus tours, and reunions, alongside extended business and medical stays connected to Yale New Haven Hospital, rather than short leisure weekends.
For pricing, a roughly seven-week booking window gives owners a moderate amount of visibility into demand, enough to plan around known academic-calendar dates but requiring some active management outside those windows. The long 5.27 night average stay means lower turnover per listing than in most markets in this batch, supporting a stronger minimum-stay policy without significantly limiting demand. Owners should pay particular attention to academic-calendar dates, since demand spikes around graduation and parents’ weekend are not fully captured in the month-level seasonal averages.
Short-Term Rental Regulations
New Haven has no dedicated short-term rental ordinance. The city uses a permissive zoning model in which uses not expressly prohibited are generally allowed, so short-term rentals are not banned citywide, though hosts must still comply with zoning and permitted-use rules, building and fire safety codes, and noise ordinances.
The only formal licensing layer is the Livable City Initiative’s Residential Rental Business License, and it applies narrowly: to non-owner-occupied two- or three-unit buildings and to all buildings with four or more units. Single-family homes and owner-occupied two- or three-family dwellings, likely the most common property types for individual STR investors, are exempt and need no city rental license at all. Where the license does apply, fees run about $225.00 for the first two units plus $60 per additional unit, and the license is valid for roughly five years.
There is no city-imposed owner-occupancy or primary-residence mandate for STRs and no city cap on nights per year. The main tax obligation is Connecticut’s 15.00% state room occupancy tax on stays of 30 days or fewer (11% for bona fide bed-and-breakfasts), which platforms such as Airbnb and Vrbo may collect as a facilitator; there is no additional New Haven local occupancy tax on top of that.
Enforcement is rated minimal overall. Connecticut legislators have periodically discussed stricter statewide short-term rental rules, but no such legislation, and no dedicated New Haven ordinance, had been adopted as of 2026. Investors should still confirm permitted use for a specific property and zone with the City Plan Department.
Market Comparison
The New Haven area’s 65.36% occupancy in June 2026 runs well above the roughly 55% median occupancy typically seen across the broader U.S. short-term rental market, while its $233.80 average daily rate is close to the roughly $220 national median ADR. This combination reflects steady, diversified demand from academic, medical, and business travel tied to Yale University and Yale New Haven Hospital, rather than a market dependent on a single tourism season.
Top property manager data in this data set is tracked at a shared regional level across a 4-city southern Connecticut coastal cluster rather than uniquely for New Haven, so this profile does not present specific operator names, listing counts, or ratings as New Haven-specific. New Haven’s own regulatory environment is a more distinctive local factor: with no dedicated STR ordinance and most single-family and owner-occupied properties exempt from city rental licensing, this is one of the lighter-touch regulatory markets in this batch.
Frequently Asked Questions About New Haven, Connecticut
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Do I need a permit to operate a short-term rental in New Haven, CT?
When does a New Haven rental license apply to a short-term rental?
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