Colonie Town, NY Rental Market Trends
What is the average rent in Colonie Town?
The average rent for an apartment in Colonie Town is $1,236, a 2% increase compared to the previous year, when the average rent was $1,217.
Average Rent in Colonie Town, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,236||2%||920 sq. ft.|
What is the average apartment size in Colonie Town?
The average size for a Colonie Town, NY apartment is 920 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.
Colonie Town, NY Apartment Rent Ranges
- > $2,0004%
Colonie Town, NY Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
954 or 31% of the households in Colonie Town, NY are renter-occupied while 2,050 or 68% are owner-occupied.
Colonie Town, NY Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jun / 2021|
Average Rent in Colonie Town, NY By Neighborhood
|New Scotland Town||$1,323|
What are the most affordable neighborhoods in Colonie Town?
The most affordable neighborhoods in Colonie Town are Ravena, where the average rent goes for $866/month, Menands, where renters pay $1,169/mo on average, and Watervliet, where the average rent goes for $1,203/mo. If you’re looking for other great deals, check out the listings from Coeymans Town ($1,204), Guilderland Town ($1,248), and Westmere ($1,254), where the asking prices are below the average Colonie Town rent of $1,236/mo.
What are the most expensive neighborhoods in Colonie Town?
What are the most popular neighborhoods in Colonie Town?
The most popular neighborhood in Colonie Town is Albany, where there are 23 verified RENTCafé listings with an average rent of $1,302. Next up is Cohoes, where apartments go for $1,586/month, followed by Bethlehem with $1,504 If you’re looking to rent in Colonie Town’s most popular neighborhoods, make sure to also check out Guilderland Town, where renters pay $1,248 on average, and Watervliet, where the average monthly rent is $1,203.
Colonie Town | Rent Comparison by Neighborhood
Rent in Albany is 3% lower than in Altamont
Albany rent is 5% higher than Colonie Town average
Altamont rent is 8% higher than Colonie Town average
How Colonie Town Compares to Other Cities
|Average Rent||Y-o-Y Change|