Cheap Apartments for Rent in the Prospect Hill Neighborhood of New Haven, CT from $1,000 (20 Rentals)

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

property at 81 Livingston St

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

1 Bedroom, 1 Bath Home for Rent

Available Now

81 Livingston St

New HavenCT06511
property at 253 Sheffield Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

253 Sheffield Ave

New HavenCT06511
property at 312 Huntington St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

3 Bedroom, 1 Bath Home for Rent

Available Now

312 Huntington St

New HavenCT06511

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 30 Tilton St

$1,750 - $1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 To 2 Bedroom Rentals

Available Now

30 Tilton St

New HavenCT06511
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Winchester Lofts
Rent Specials
$1,764 - $3,125
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,749 - $3,110
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Winchester Lofts

275 Winchester AveNew Haven, CT 06511
Corporate Housing
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property at 436 Prospect St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Home for Rent

Available Jun 1

436 Prospect St

New HavenCT06511
property at 402 Huntington St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 1 Bath Home for Rent

Available Now

402 Huntington St

New HavenCT06511
property at 151 Cold Spring St

$1,850 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 To 2 Bedroom Rentals

Available Now

151 Cold Spring St

New HavenCT06511

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 918 Winchester Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

918 Winchester Ave

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
property at 2 Read St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

2 Read St

New HavenCT06511
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Eli Whitney
Studio to 2 Bedroom Apartments

Eli Whitney

750 Whitney AveNew Haven, CT 06511
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 38 Read St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

38 Read St

New HavenCT06511
property at 918 Winchester Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

918 Winchester Ave

New HavenCT06511

Prospect Hill, New Haven, CT Local Guide

Cheapest Available Prospect Hill Apartments for Rent

 

The cheapest available apartment rental in the Prospect Hill area of New Haven, CT is a Studio unit found at Winchester Lofts priced from $1,764. The Winston has the second lowest priced unit, which is a Studio apartment currently listed from $1,906. Here are the most affordable Prospect Hill apartments for rent in New Haven, CT:

Apartment ListingModel NameBed/BathPriced From
Winchester Lofts0FAStudio,1BA$1,764
The WinstonStudio-S2Studio,1BA$1,906
The Livingston ApartmentsTwo Bedroom with Office (Floorplan A)2BR,2BA$2,625

Best Value Apartments for Rent in Prospect Hill, CT

As of May 24, 2026 the best value apartment in the Prospect Hill area is the $1.46 price per square foot Two Bedroom with Office (Floorplan A) Model at The Livingston Apartments in the in the Long Wharf neighborhood starting from $2,625. The second greatest value Prospect Hill apartment is the 57 Bassett St Model at 57 Bassett St, Unit 1 starting at $1,999 with a $1.59 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.
The Livingston ApartmentsTwo Bedroom with Office (Floorplan A)2BR,2BA$1.46
57 Bassett St, Unit 157 Bassett St3BR,1BA$1.59
312 Huntington St, Unit 3312 Huntington St3BR,1BA$1.82
31 Sheldon Ter31 Sheldon Ter1BR,1BA$5.54
The WinstonStudio-S3Studio ,1BA$4.91
Winchester Lofts0BBStudio ,1BA$5.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Prospect Hill, New Haven, CT

Ranked #25

Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Prospect Hill Apartments

What is the Cheapest Studio apartment in Prospect Hill?

Currently the most affordable Cheap Studio Apartment in Prospect Hill is at Winchester Lofts listed at $1,764.

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

The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $2,160 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 $2,625 at The Livingston Apartments.

What is the most affordable Prospect Hill Three Bedroom Apartment?

The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at The Winston and starts from $4,332.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.