Taking Yunyu New Village in Nanyang City, a typical newly built resettlement area of the South-to-North Water Diversion Project of China, as an example, this paper tries to construct a health environment evaluation index system for the resettlement area and determines the priority and content of residential environment renovation in the resettlement area through residents’ health satisfaction evaluation and IPA analysis. The results revealed that six factors, namely, winter insulation, summer heat insulation, quality of domestic drinking water, indoor natural light environment, humanized design, and architectural plane function design, need to be renovated first. For the indoor environment, which is the focus of renovation, the light and heat environments were evaluated via field measurements and simulation experiments. The results show that the indoor comfort, daylighting, and energy savings of the surveyed buildings all fail to meet Chinese building design standards. Corresponding optimization strategies for indoor ventilation, thermal insulation performance of the envelope structure, and window wall ratio are proposed and verified via relevant software simulations and immigrants’ wishes. For the outdoor environment, we investigate the living habits and renovation needs of immigrants from the aspects of public space and courtyard space in the resettlement area and propose corresponding optimization strategies. The results of this research can help enhance the sense of gain and happiness of immigrants in the resettlement and provide a reference for improving the living environment of the same type of immigrant resettlement area.