New Haven, CT Rent To Own Homes

Rent-to-Own Homes in New Haven, CT: What You Need to Know

Known as The Elm City, New Haven is a coastal city located near New Haven Harbor. The first planned city in the United States, New Haven was founded by the Puritans in 1638. Now home to more than 130,000 residents, New Haven is the second-most populous city in the state. 

The Cost of Living in New Haven

The median price for a home in New Haven is $171,900. Many of the other necessary living expenses and disposable living expenses, such as groceries, transportation, utilities, entertainment, and dining are all above the national average. The result is a cost of living that’s right at the national average. The state sales tax for New Haven is 6.35%, which accounts for both local and state sales tax. Income tax in Connecticut is divided into two levels – 3% for modest earners and 6.99% for higher earners.

Weather and Climate

New Haven’s climate, like much of the northeast, is characterized by hot, humid summers and cold, wet winters. Temperatures in January and February are the coldest, while July and August are the warmest. The city experiences a significant amount of precipitation over the year, including both rain and snow, depending on the time of year.

Getting Around the City

Seven airports in Connecticut, New York, Providence, and New Jersey all serve the area, as do trains from Amtrak, Metro-North, CTRail, and Shore Line East. Ferry service is also available between CT and Long Island, NY, with service available at either New London or Bridgeport stations. CT Transit offers bus service throughout the city. Private vehicle ownership is common among residents of New Haven and the surrounding areas providing direct routes to and from one’s home. Many residents also opt for bicycles for an eco-friendly and healthy means of transportation to their destination.

Schools and Higher Education 

The New Haven Public School District has 49 schools to serve its student population of more than 20,000. There are also 272 colleges and universities within 100 miles of New Haven. Within New Haven and neighboring Hamden alone, there are seven institutions of higher learning. The most well-known of these schools is Yale University, founded in 1701, and long considered one of the most prestigious schools in the U.S.

Tourist Attractions

There is much to see and do in New Haven throughout the year. Beinecke Rare Book and Manuscript Library houses one of the most significant collections of manuscripts and rare books in the world, making it a real treasure. Visitors can be treated to the personal pennings of authors, papers written on papyrus, and some of the earliest newspapers printed. While touring Yale’s beautiful campus, you can visit the Yale Museum of British Art, the Yale Peabody Museum of Natural History, and, of course, the Yale University Art Gallery.