Cheap Apartments for Rent in the Prospect Hill Neighborhood of New Haven, CT from $1,000 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of New Haven.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 76-78 Lilac St

76-78 Lilac St

New HavenCT06511
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725 Whitney Ave
Studio to 1 Bedroom Apartments

725 Whitney Ave

725 Whitney AveNew Haven, CT 06511
  • Utilities Included
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58-64 Sheldon Terrace
2 Bedroom Apartments

58-64 Sheldon Terrace

58-64 Sheldon TerNew Haven, CT 06511
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Eli Whitney
Studio to 2 Bedroom Apartments

Eli Whitney

750 Whitney AveNew Haven, CT 06511
  • Utilities Included
property at 80 Shepard St

80 Shepard St

New HavenCT06511

Prospect Hill, New Haven, CT Local Guide

Cheapest Available Prospect Hill Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Winchester Lofts1AA1BR,1BA$2,025

Best Value Apartments for Rent in Prospect Hill, CT

As of June 19, 2025 the best value apartment in the Prospect Hill area is the $0.72 price per square foot 12 Lilac St Model at 12 Lilac St, Unit 3 in the in the Prospect Hill neighborhood starting from $1,600. The second greatest value Prospect Hill apartment is the 108 Shepard St Model at 108 Shepard St, Unit 2 starting at $2,200 with a $1.57 price per square foot in the Prospect Hill neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
12 Lilac St, Unit 312 Lilac St2BR,1BA$0.72
108 Shepard St, Unit 2108 Shepard St5BR,2BA$1.57
Winchester Lofts1AA1BR,1BA$3.86

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Prospect Hill, New Haven, CT

Ranked #15

Among neighborhoods in New Haven, CT for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Prospect Hill Neighborhood in New Haven, CT

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Prospect Hill Apartments

How much is rent for a Cheap One Bedroom Prospect Hill Apartment?

The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $2,025 at Winchester Lofts.

What is the lowest price for a Cheap Two Bedroom Prospect Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect Hill is starting from $2,600 at Winchester Lofts.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.