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ZIP Code · CT

ZIP 06518

Part of Hamden, CT
Pop. 20,126·New Haven County·32nd most expensive ZIP in Connecticut
Median rent (all units)
$2,368/mo
Year-over-Year
+8.8%
Month-over-Month
+4.2%
vs US Median
+$403
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 06518 · $2,368
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$2,130
2 BR
$2,630
3 BR
$3,250
4 BR+
$3,840
Research median
$2,630/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: July 20, 2026

Annual cost
$28,416/yr
At $2,368/mo median
Location
CityHamden
StateCT
CountyNew Haven County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.8% YoY, +4.2% MoM), not inventory.
Demographics

Who lives here

ZIP 06518 (Hamden, CT) is majority owner-occupied, skews toward younger working-age adults, has a median income above the national average, 48.7% of residents hold a bachelor's degree or higher.

Population
20,126
Median income
$106,692
Median age
31.9
Renters
39.3%
Age distribution
41.8%
18.1%
17%
Under 1811.4%
18–3441.8%
35–5418.1%
55–6411.8%
65+17%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
66.9%
16%
White66.9%
Black16%
Hispanic9.3%
Asian5.5%
Other2.2%
Education (25+)
20.8%
26.4%
48.7%
No HS diploma4%
HS diploma20.8%
Some college26.4%
Bachelor's+48.7%
Housing tenure
60.7%
39.3%
Owner60.7%
Renter39.3%

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

2021 vs 2026

How ZIP 06518 in Hamden, CT has changed in 5 years

Income
$91,909 → $106,692
up 16.1%
Population
20,210 → 20,126
down 0.4%
Renter share
38% → 39.3%
+1.3 pts
Bachelor's+
53.5% → 48.7%
-4.8 pts
Median age
29.9 → 31.9
+2.0 yrs

On the earnings side, the typical household in ZIP 06518 in Hamden, CT now reports about $106,692, up from $91,909 in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 53.5% to 48.7%.

Community

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Local insights

Tips for renters in ZIP 06518

About renting in ZIP 06518

Last updated: July 20, 2026

ZIP code 06518 covers Hamden, CT. The median rent here is $2,368/mo as of July 2026. A 1-bedroom rents for a median of $2,130/mo. A 2-bedroom rents for a median of $2,630/mo.

At 27% of local median household income ($106,692/yr), ZIP 06518 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 06518?

As of July 20, 2026, the median monthly rent in ZIP 06518 (Hamden, CT) is $2,368. This is based on aggregated data from public sources and community submissions.

How does ZIP 06518 rent compare to the US average?

ZIP 06518's median rent of $2,368/mo is $403 (21%) above the US national median of $1,965/mo.

How does ZIP 06518 compare to other ZIPs in Connecticut?

ZIP 06518 falls in the middle range for Connecticut, ranking #32 out of 85 ZIPs at $2,368/mo.

How much income do you need to rent in ZIP 06518?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,368/mo in ZIP 06518. The local median household income is $106,692/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 06518?

Rent in ZIP 06518 has increased 8.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 06518 an affordable place to rent?

ZIP 06518 is considered affordable for renters. At $2,368/mo, rent takes approximately 27% of the local median household income ($106,692/yr). The standard benchmark is 30%. ZIP 06518 falls comfortably within that range.

What percentage of ZIP 06518 residents rent vs. own?

According to Census data, approximately 39.3% of ZIP 06518 households are renters, while 60.7% are owner-occupied. ZIP 06518 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 06518 compare to the rest of Hamden?

ZIP 06518 is pricier than Hamden as a whole. At $2,368/mo, it's $143 above the Hamden citywide median of $2,225/mo.

When was rent data for ZIP 06518 last updated?

Rent data for ZIP 06518 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,368/mo, rent takes ~27% of ZIP 06518's median household income ($106,692/yr). The standard benchmark is 30%.

ZIP 06518 27%Benchmark 30%
State income tax3–6.99%
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Schools nearby

Public schools near ZIP 06518 (Hamden, CT)

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