Binghamton City, NY Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Binghamton City is $1,786, a 3.66% increase compared to the previous year, when the average rent was $1,723.
Studio Apartments at $1,211 offer the most budget-friendly option with 451 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 651 square feet for $1,235, balancing privacy and affordability.
Two-beedroom units at $1,515 offer 1,066 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,099 sq ft) for $1,508, suitable for larger households.
Average rent in Binghamton City, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,786 | 998 sq. ft. |
| Studio | $1,211 | 451 sq. ft. |
| 1 Bed | $1,235 | 651 sq. ft. |
| 2 Beds | $1,515 | 1,066 sq. ft. |
| 3 Beds | $1,508 | 1,099 sq. ft. |
Binghamton City, NY rent trends
Rental prices in Binghamton City, NY have increased by 3.66% over the past year. The average rent moved from $1,723 to $1,786.
What's the typical rent budget in Binghamton City, NY?
The largest share of rentals in Binghamton City, NY (37%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Binghamton City, NY?
11,873 or 57% of the households in Binghamton City, NY are renter-occupied while 9,077 or 43% are owner-occupied.
How Binghamton City Compares to Other Cities
| City | Average Rent |
|---|---|
| Binghamton City | $1,786 |
| New York City | $5,333 |
| Manhattan | $5,706 |
| Brooklyn | $4,470 |
| Hudson Valley | $2,588 |
| Queens | $4,252 |
| Buffalo | $1,401 |
| Albany | $1,716 |
| Rochester | $1,518 |
| Ithaca | $2,351 |
| Johnson City, NY | $1,562 |
| Vestal, NY | $2,216 |
| Binghamton, NY | $1,786 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Binghamton City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.