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Rent Inflation in Hartford, CT

The average asking rent in Hartford, CT is $2,034/month as of 2026-08. That is +3.2% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$2,034/mo

as of 2026-08

Year-over-Year Change

+3.2%

24-Month Rent Trend

Monthly ZORI index values for Hartford, CT.

MonthAvg Asking RentChange from Prior Month
2026-08$2,034+0.35%
2026-07$2,027+0.30%
2026-06$2,021+0.35%
2026-05$2,014+0.90%
2026-04$1,996+0.66%
2026-03$1,983+0.86%
2026-02$1,966-0.10%
2026-01$1,968+0.00%
2025-12$1,968-0.15%
2025-11$1,971+0.15%
2025-10$1,968-0.05%
2025-09$1,969-0.10%
2025-08$1,971-0.15%
2025-07$1,974+0.61%
2025-06$1,962+0.31%
2025-05$1,956+0.93%
2025-04$1,938+0.62%
2025-03$1,926+0.42%
2025-02$1,918+0.52%
2025-01$1,908+0.21%
2024-12$1,904+0.42%
2024-11$1,896-0.16%
2024-10$1,899+0.05%
2024-09$1,898—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices