Rental prices in Prospect Hill, New Haven, CT have increased by 3.05% over the past year. The average rent moved from $1,965 to $2,025.
Check out the average rent in New Haven.
The national average price of rental apartments is $1,741, while the average monthly rent in Prospect Hill, New Haven, CT is $2,025.
The average monthly rent for an apartment in Prospect Hill, New Haven, CT is around $2,025.
A share of 30% of apartments in Prospect Hill, New Haven, CT have the cheapest rents between $1,001-$1,500. Around 13% of rentals are $2,501-$3,000. Around 19% of Prospect Hill's apartments have monthly rents between $1,501-$2,000. There are 33% of apartments with rents between $2,001-$2,500. A share of 4% of apartment rentals in New Haven are in the > $3,000 range.
The largest share of rentals in Prospect Hill, New Haven, CT (33%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Prospect Hill, New Haven, CT is $2,100.
In Prospect Hill, 80% of the residents are renting compared to 20% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Prospect Hill's rentals, 76% are small-scale complexes with under 50 units, and 7% are single-family rentals.
In total, Prospect Hill, New Haven, CT has 5,120 residents, 2,607 women and 2,513 men, per U.S. Census recent estimates. Statistics show that the median age of Prospect Hill’s population is 29.
There is a total of 2,031 households in Prospect Hill, New Haven, CT. Of these, 483 have children and 1,548 are without children. Per Census Bureau’s most current estimates, 892 family households and 1,140 non-family households live in this area. The size of a household in Prospect Hill is 2 people, on average. The median household annual income in Prospect Hill equals $56,300, and the monthly housing costs equal $1,589.
According to data from the U.S. Census Bureau, 3% of the population in Prospect Hill, New Haven, CT have no high school education, 30% went to high-school, and 21% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 21% hold a Graduate Degree.
