Highlights
- The average rent for office space in New Haven is $28.21 per square foot, 23.10% higher compared to the previous year.
- The market’s vacancy rate stands at 20.38%, lower than the state average of Connecticut, which is 25.12%.
2025 Office Space Rent & Sales
- $28.21 2025 Avg. Asking Rent
- 23.10% Y-o-Y Avg. Asking Rent Change
- 20.38% 2025 Office Vacancy Rate
What is the average asking rent price for office space in New Haven?
Average asking rents for office space here stand at $28.21 per square foot. The local office market recorded an average vacancy rate of 20.38% in 2025, unchanged from 20.38% in 2024.
New Haven, CT Office Asking Rents by Class
What is the average office rent per square foot by property class in CT?
- Avg. Asking Rent Class A & A+$27.38
- Avg. Asking Rent Class B$20.72
- Avg. Asking Rent Class C$19.56
For comparison, the average rent for Class A and A+ office space in Connecticut was $27.38 per square foot. The state-wide average for Class B space was $20.72 per square foot, and Class C office spaces averaged $19.56 per square foot.
2025 Office Construction in New Haven, CT
- New Haven, CT Total SF completed in 2025 35,560
How much office space was built in New Haven in 2025?
What are the largest recent office completions in New Haven?
The largest recent office completion here is The Connecticut Financial Center at 467,500 square feet, completed in 1987. The next largest completions are Long Wharf Maritime Center - 555 Long Wharf Drive and One Long Wharf Business Center.
| Office building | Address | SF | Completed |
|---|---|---|---|
| One Audubon | 1 Audubon Street, 06511 | 58,351 | 2003 |
| One Century Tower | 265 Church Street, 06510 | 282,256 | 1990 |
| Granite Square | 700 State Street, 06511 | 54,352 | 1989 |
| Long Wharf Maritime Center - II | 545 Long Wharf Drive, 06511 | 250,000 | 1988 |
| The Connecticut Financial Center | 157 Church Street, 06510 | 467,500 | 1987 |
| Long Wharf Maritime Center - 555 Long Wharf Drive | 555 Long Wharf Drive, 06511 | 418,595 | 1985 |
| 1440 Whalley Ave | 1440 Whalley Ave, 06515 | 16,260 | 1985 |
| The Gold Building | 234 Church Street, 06510 | 75,930 | 1972 |
| New Haven Plaza | 540 Ella T. Grasso Blvd, 06519 | 130,000 | 1963 |
| One Long Wharf Business Center | 1 Long Wharf Drive, 06511 | 320,000 | 1925 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.