ZIP Code · CT

ZIP 06492

Part of Wallingford, CT

Pop. 44,498·New Haven County·47th most expensive ZIP in Connecticut

Median rent (all units)

$1,976/mo

Year-over-Year

+7.5%

Month-over-Month

-0.9%

vs US Median

+$44

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 06492 · $1,976

More expensive than 60% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,280

1 BR

$1,390

2 BR

$1,720

3 BR

$2,130

4 BR+

$2,510

Research median

$1,720/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

Past year vs. the rest of Connecticut

Rent in ZIP 06492 changed +7.5% over the year to September 2026. Across the 64 Connecticut ZIP codes Zillow tracks, the typical change was +3.7%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($105,061) is $2,627 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,510).

From Zillow's monthly rent index (ZORI) for ZIP 06492. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$23,712/yr

At $1,976/mo median

Location

CityWallingford

StateCT

CountyNew Haven County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (7.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+7.5% YoY, -0.9% MoM), not inventory.

Demographics

Who lives here

ZIP 06492 (Wallingford, CT) is majority owner-occupied, has a large retiree population, has a median income above the national average, 40.4% of residents hold a bachelor's degree or higher.

Population

44,498

Median income

$105,061

Median age

42.7

Renters

27.2%

Age distribution

18.8%

21.2%

25.3%

13.5%

21.2%

Under 1818.8%

18–3421.2%

35–5425.3%

55–6413.5%

65+21.2%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

81.2%

12.4%

White81.2%

Black2.2%

Hispanic12.4%

Asian2.5%

Other1.6%

Education (25+)

29%

25%

40.4%

No HS diploma5.7%

HS diploma29%

Some college25%

Bachelor's+40.4%

Housing tenure

72.8%

27.2%

Owner72.8%

Renter27.2%

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

2021 vs 2026

How ZIP 06492 in Wallingford, CT has changed in 5 years

Income

$88,605 → $105,061

up 18.6%

Population

44,446 → 44,498

up 0.1%

Renter share

27% → 27.2%

+0.2 pts

Bachelor's+

36.9% → 40.4%

+3.5 pts

Median age

44.3 → 42.7

-1.6 yrs

Local incomes tracked alongside that move, going from a median of $88,605 in 2021 to $105,061 more recently. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 36.9% to 40.4%.

Community

Discussions about ZIP 06492

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Local insights

Tips for renters in ZIP 06492

About renting in ZIP 06492

Last updated: October 17, 2026

ZIP code 06492 covers Wallingford, CT. The median rent here is $1,976/mo as of October 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,720/mo.

At 23% of local median household income ($105,061/yr), ZIP 06492 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 06492?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (about $38/hour full-time) to afford the median rent of $1,976/mo in ZIP 06492. The local median household income is $105,061/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 06492?

Rent in ZIP 06492 has risen 7.5% over the past year.

How does ZIP 06492 compare to other ZIPs in Connecticut?

ZIP 06492 is in the middle among Connecticut ZIP codes for rent, ranking #47 of 83 at $1,976/mo. Over the year to September 2026, rent in ZIP 06492 changed +7.5%, against a typical +3.7% across the 64 Connecticut ZIP codes Zillow tracks.