
Cheap Apartments for Rent in the Prospect Hill Neighborhood of New Haven, CT from $1,000 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of New Haven.


39 Lander St

212 Newhall St

Total Monthly Price
Winchester Lofts

42 Bassett St

Total Monthly Price
312 Huntington St, Unit 3
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.

63 Sheffield Ave

8 Read St

916 Winchester Ave

725 Whitney Ave

58-64 Sheldon Terrace

Eli Whitney
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.
Prospect Hill, New Haven, CT Local Guide

How much does it cost to rent an apartment in Prospect Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Hill Studio Apartments | $2,267 | $1,745 | $2,642 |
| Prospect Hill 1 Bedroom Apartments | $2,486 | $1,250 | $2,922 |
| Prospect Hill 2 Bedroom Apartments | $3,278 | $1,400 | $4,995 |
| Prospect Hill 3 Bedroom Apartments | $2,810 | $1,750 | $4,682 |
| Prospect Hill 4 Bedroom Apartments | $3,600 | $3,000 | $4,400 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Prospect Hill Neighborhood of New Haven, CT.
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Prospect Hill, New Haven, CT Local Guide
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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 $1,875. The Winston has the second lowest priced unit, which is a Studio apartment currently listed from $1,884. Here are the most affordable Prospect Hill apartments for rent in New Haven, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winchester Lofts | 0FA | Studio,1BA | $1,875 |
| The Winston | Studio-S3 | Studio,1BA | $1,884 |
| The Livingston Apartments | Two Bedroom with Office (Floorplan A) | 2BR,2BA | $2,400 |
Best Value Apartments for Rent in Prospect Hill, CT
As of February 22, 2026 the best value apartment in the Prospect Hill area is the $1.39 price per square foot 94 Linden St Model at 94 Linden St, Unit APT 2 in the in the Long Wharf neighborhood starting from $2,925. The second greatest value Prospect Hill apartment is the Four Bedroom Model at The Livingston Apartments starting at $3,400 with a $1.70 price per square foot in the Long Wharf neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 94 Linden St, Unit APT 2 | 94 Linden St | 3BR,1BA | $1.39 |
| The Livingston Apartments | Four Bedroom | 4BR,2BA | $1.70 |
| 312 Huntington St, Unit 3 | 312 Huntington St | 3BR,1BA | $1.59 |
| 560 Prospect St, Unit B5 | 560 Prospect St | 1BR,1BA | $2.08 |
| 31 Sheldon Ter | 31 Sheldon Ter | 1BR,1BA | $5.10 |
| The Winston | Studio-S2 | Studio ,1BA | $4.95 |
| Winchester Lofts | 0FA | Studio ,1BA | $5.03 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleProspect Hill, New Haven, CT
Ranked #25
Among cities in Connecticut for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $1,875.
How much is rent for a Cheap One Bedroom Prospect Hill Apartment?
The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $2,125 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 $2,400 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 $4,572.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.