Last updated on June 5, 2026

Average rent in
Prospect Hill, New Haven, CT

Median rent

Median rent in Prospect Hill

$2,350/mo

increased by1%

vs previous year

The average rent in Prospect Hill is $2,350 per month as of May 2026. This is 21% above the national average rent, or $400 more per month.

$2.49

average price per square foot

Total rentals

Available rentals in Prospect Hill

22

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Prospect Hill rentals at each price point

80%60%40%20%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Prospect Hill, New Haven, CT

Average rent prices in Prospect Hill have remained the same over the last month and have increased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Prospect Hill, New Haven, CT

Rent prices in Prospect Hill vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Prospect Hill is $2,322, whereas a house costs $3,247. 1-bedroom apartments in Prospect Hill run $2,230 on average, while 2-bedroom apartments are $2,975.

Listings

Studio

$1,495

No Change

10%

1 bedroom

$2,230

1%

3%

2 bedroom

$2,297

3%

12%

3 bedroom

$2,395

4%

22%

4 bedroom

$2,772

10%

20%

Studio

Average rent

$1,495

Last 30 days

No Change

Last year

10%

1 bedroom

Average rent

$2,230

Last 30 days

1%

Last year

3%

2 bedroom

Average rent

$2,297

Last 30 days

3%

Last year

12%

3 bedroom

Average rent

$2,395

Last 30 days

4%

Last year

22%

4 bedroom

Average rent

$2,772

Last 30 days

10%

Last year

20%

The table above reflects average rent prices in Prospect Hill, New Haven, CT, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Prospect Hill, New Haven, CT compare to other neighborhoods?

Compare median rent prices in Prospect Hill and Devon Walnut Beach by all bedroom counts and property types.

Prospect Hill

Median rent price$2,350
increased by21%

higher than the national median

Median rent price$2,500
increased by28%

higher than the national median

Takeaway

The median rent for all rentals in Prospect Hill, New Haven, CT is 6% lower than the median rent in Devon Walnut Beach, Milford City, CT.

Discover rentals in Prospect Hill, New Haven, CT

918 Winchester Ave #2 - Photo 1 of 1

5d+ ago

Prospect Hill apartment for rent in New Haven

918 Winchester Ave #2, New Haven, CT 06511

3 beds

1 bath

$1,900

The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.

Apartment for rent

62-64 Sheldon Terrace - Photo 1 of 1

2d ago

8.6

Very good

62-64 Sheldon Terrace

62 Sheldon Ter, New Haven, CT 06511

3 beds

1 bath

$2,095

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent

83 Division - Photo 1 of 1

1d ago

8.5

Very good

83 Division

83 Division St, New Haven, CT 06511

3 beds

1 bath

$2,195

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent

84 Sheffield Ave #2 - Photo 1 of 1

5d+ ago

Prospect Hill apartment for rent in New Haven

84 Sheffield Ave #2, New Haven, CT 06511

3 beds

2 baths

$2,395

The price shown reflects a 12-month lease. Fees may apply.

Apartment for rent

Available Aug 15

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Prospect Hill, New Haven, CT

Quick answers to common questions about the Prospect Hill rental market.

How much is rent in Prospect Hill?

The average rent in Prospect Hill is $2,350 per month as of May 30, 2026.

Is rent up or down in Prospect Hill?

Average rent prices in Prospect Hill have remained the same over the last month and have increased by 1% since last year.

How does Prospect Hill rent compare to the national average?

Rent in Prospect Hill is 21% above the national average, which means renters are paying approximately $400 more per month.

What salary do I need to afford rent in Prospect Hill?

To comfortably afford rent in Prospect Hill, you'd need to earn approximately $94,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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