Apartments in Sheldon Charter Oak Hartford

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$1,650
East Hartford, CT
2 BR | Ask for Availability
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$1,350
East Hartford, CT
1 BR | Ask for Availability
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3
$1,250
364 Woodland St Hartford, CT
2 BR | Available Now
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Cat Friendly
Surface Parking
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Upper Albany
0
$2,300
Hartford, CT
4 BR | Available Now
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Upper Albany
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Hartford:
November Rent Report

Welcome to the November 2024 Hartford Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Hartford rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hartford and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hartford average rent prices in the chart below.

Monthly Rent Report

$1,800
$1,350
$900
$450
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Hartford Rent Prices Decrease From October to November

Hartford rent prices decreased over the last month. From October to November, the city experienced a -3.63% decrease for the price of a one-bedroom apartment. The rent price for a Hartford one-bedroom apartments currently stands at $1,512.0.

When we take a look at the two-bedroom comparison from October to November, Hartford experienced a -2.5% decrease for the price of a two-bedroom apartment. The rent price for a Hartford two-bedroom apartments currently stands at $1,674.0.

November Prices: Hartford vs. Surrounding Areas

Bloomfield, CT
West Hartford, CT
Manchester, CT
New Britain, CT
Rocky Hill, CT
Hartford, CT
East Hartford, CT
Middletown, CT
$2,198
$1,867
$1,734
$1,589
$1,584
$1,569
$1,445
$1,328
$0
$750
$1,500
$2,250
$3,000
Median 1 BR Rent

Rent Prices in Hartford and Surrounding Areas

Rent prices have decreased in Hartford over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the Hartford suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Rocky Hill, CT, Manchester, CT, Bloomfield, CT, New Britain, CT, West Hartford, CT, East Hartford, CT .

  • Rent decreased in Middletown, CT.

  • 5 suburbs are currently priced higher than the city of Hartford.

  • 2 suburbs are currently priced lower than the city of Hartford.

November 2024 Pricing Trends: Hartford vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Hartford, CT
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,569
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Hartford Rent Prices More Affordable Than Major Cities

Rent growth in Hartford over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hartford average rent prices appear to be relatively affordable for local residents.

The price for a Hartford one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hartford and surrounding area rent prices, take a look at the complete data set below.

Data set for Hartford and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Rocky Hill, CT $1,584.0 1.02% $1,780.0 1.02%
Hartford, CT $1,569.0 -0.63% $1,717.0 -0.87%
Manchester, CT $1,734.0 2.42% $2,286.0 1.02%
Bloomfield, CT $2,198.0 1.76% $2,415.0 -1.23%
New Britain, CT $1,589.0 5.16% $1,570.0 3.02%
Middletown, CT $1,328.0 -0.52% $1,583.0 3.74%
West Hartford, CT $1,867.0 4.01% $1,950.0 6.38%
East Hartford, CT $1,445.0 0.98% $1,665.0 3.22%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.