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Rent Inflation in Hartford, CT

The average asking rent in Hartford, CT is $1,940/month as of 2026-04. That is +2.9% compared to a year ago.

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

Current Avg Rent

$1,940/mo

as of 2026-04

Year-over-Year Change

+2.9%

24-Month Rent Trend

Monthly ZORI index values for Hartford, CT.

Month Avg Asking Rent Change from Prior Month
2026-04 $1,940 +0.57%
2026-03 $1,929 +0.84%
2026-02 $1,913 -0.05%
2026-01 $1,914 -0.05%
2025-12 $1,915 -0.26%
2025-11 $1,920 +0.10%
2025-10 $1,918 -0.16%
2025-09 $1,921 -0.10%
2025-08 $1,923 +0.05%
2025-07 $1,922 +0.79%
2025-06 $1,907 +0.26%
2025-05 $1,902 +0.90%
2025-04 $1,885 +0.59%
2025-03 $1,874 +0.54%
2025-02 $1,864 +0.38%
2025-01 $1,857 +0.16%
2024-12 $1,854 +0.38%
2024-11 $1,847 -0.11%
2024-10 $1,849 +0.00%
2024-09 $1,849 +0.05%
2024-08 $1,848 +0.60%
2024-07 $1,837 +0.66%
2024-06 $1,825 +0.94%
2024-05 $1,808

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