Babylon Town, NY Rental Market Trends
Highlights
The average rent for an apartment in Babylon Town is $2,321, a 5% increase compared to the previous year, when the average rent was $2,213.
Average Rent in Babylon Town, NY
Last updated Aug 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,321 | 5% | 837 sq. ft. |
The average size for a Babylon Town, NY apartment is 837 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Babylon Town, NY Apartment Rent Ranges
- $1,501-$2,0009%
- > $2,00091%
Babylon Town, NY Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
1,229 or 28% of the households in Babylon Town, NY are renter-occupied while 3,060 or 71% are owner-occupied.
Babylon Town, NY Rent Trends
| Average Rent | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Sept / 2018 | Jan / 2019 | Aug / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Babylon Town, NY | $1,950 | $2,043 | $1,846 | $2,061 | $2,141 | $2,213 | $2,213 | $2,284 | $2,187 | $2,321 |
| National | $1,344 | $1,352 | $1,347 | $1,379 | $1,381 | $1,382 | $1,418 | $1,427 | $1,430 | $1,466 |
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How Does Babylon Town Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Amityville | $1,770 | 10% |
| Coram | $2,165 | 7% |
| Holbrook | $2,189 | 9% |
| Moriches | $2,009 | 11% |
| Moriches Town | $1,919 | 10% |
| North Amityville | $1,770 | 10% |
| Brentwood | $1,484 | 3% |
| Manorville | $1,611 | 4% |
| Patchogue | $1,703 | 6% |
| Ridge | $1,942 | 14% |
| Babylon Town | $2,321 | 5% |
For more information about the Babylon Town rental trends, check out our monthly rent report
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Babylon Town apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.