ZIP Code · CT

ZIP 06418

Part of Derby, CT

Pop. 12,205·New Haven County·55th most expensive ZIP in Connecticut

Median rent (all units)

$1,914/mo

Year-over-Year

Stable

Month-over-Month

-0.3%

vs US Median

-$18

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 06418 · $1,914

More expensive than 56% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,280

1 BR

$1,420

2 BR

$1,710

3 BR

$2,090

4 BR+

$2,870

Research median

$1,710/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($78,542) is $1,964 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,710); a 3-bedroom is $2,090.

From Zillow's monthly rent index (ZORI) for ZIP 06418. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,968/yr

At $1,914/mo median

Location

CityDerby

StateCT

CountyNew Haven County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, -0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 06418 (Derby, CT) is majority owner-occupied, has a large retiree population, 35.5% of residents hold a bachelor's degree or higher.

Population

12,205

Median income

$78,542

Median age

46.4

Renters

38.4%

Age distribution

15%

23.4%

20.8%

20.3%

20.6%

Under 1815%

18–3423.4%

35–5420.8%

55–6420.3%

65+20.6%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

66.3%

22.9%

White66.3%

Black10%

Hispanic22.9%

Asian2.6%

Education (25+)

31.3%

21.5%

35.5%

No HS diploma11.7%

HS diploma31.3%

Some college21.5%

Bachelor's+35.5%

Housing tenure

61.6%

38.4%

Owner61.6%

Renter38.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 06418 in Derby, CT has changed in 5 years

Income

$64,576 → $78,542

up 21.6%

Population

12,405 → 12,205

down 1.6%

Renter share

31.8% → 38.4%

+6.6 pts

Bachelor's+

27% → 35.5%

+8.5 pts

On the earnings side, the typical household in ZIP 06418 in Derby, CT now reports about $78,542, up from $64,576 in 2021. Headcount in the area went from 12,405 to 12,205 between 2021 and 2024, a 1.6% change. About 38.4% of households rent today, against 31.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 27% to 35.5%.

Community

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Local insights

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About renting in ZIP 06418

Last updated: October 17, 2026

ZIP code 06418 covers Derby, CT. The median rent here is $1,914/mo as of October 2026. A 1-bedroom rents for a median of $1,420/mo. A 2-bedroom rents for a median of $1,710/mo.

At 29% of local median household income ($78,542/yr), ZIP 06418 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 06418?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,914/mo in ZIP 06418. The local median household income is $78,542/yr, so the typical household meets that bar.