Princes Hill is an inner suburb of Melbourne, Victoria, Australia, 3 km north of Melbourne's Central Business District. Its local government area is the City of Yarra. At the 2011 Census, Princes Hill had a population of 2,075.
Princes Hill is named for the Prince of Wales, similarly to neighbouring Carlton.
Demographer Bernard Salt dubbed Princes Hill "Chick City" in 2003, after 2001 Census data revealed the suburb had the highest proportion of single women to men in Melbourne.