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Rent Inflation in Hartford, CT

The average asking rent in Hartford, CT is $2,020/month as of 2026-07. That is +2.8% compared to a year ago.

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

Current Avg Rent

$2,020/mo

as of 2026-07

Year-over-Year Change

+2.8%

24-Month Rent Trend

Monthly ZORI index values for Hartford, CT.

Month Avg Asking Rent Change from Prior Month
2026-07 $2,020 +0.35%
2026-06 $2,013 +0.35%
2026-05 $2,006 +0.91%
2026-04 $1,988 +0.61%
2026-03 $1,976 +0.87%
2026-02 $1,959 -0.10%
2026-01 $1,961 -0.05%
2025-12 $1,962 -0.20%
2025-11 $1,966 +0.15%
2025-10 $1,963 -0.05%
2025-09 $1,964 +0.00%
2025-08 $1,964 -0.05%
2025-07 $1,965 +0.67%
2025-06 $1,952 +0.21%
2025-05 $1,948 +0.93%
2025-04 $1,930 +0.52%
2025-03 $1,920 +0.52%
2025-02 $1,910 +0.47%
2025-01 $1,901 +0.21%
2024-12 $1,897 +0.42%
2024-11 $1,889 -0.11%
2024-10 $1,891 +0.00%
2024-09 $1,891 +0.11%
2024-08 $1,889

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