Colonie Town, NY Rental Market Trends
The average rent for an apartment in Colonie Town is $1,190, a 4% increase compared to the previous year, when the average rent was $1,147.
Average Rent in Colonie Town, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,190||4%||907 sq. ft.|
The average size for a Colonie Town, NY apartment is 907 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.
Colonie Town, NY Apartment Rent Ranges
- > $2,0003%
Colonie Town, NY Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
17,056 or 41% of the households in Colonie Town, NY are renter-occupied while 24,263 or 58% are owner-occupied.
Colonie Town, NY Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Sep / 2019|
Average Rent in Colonie Town, NY By Neighborhood
|New Scotland Town||$1,283|
The most affordable neighborhoods in Colonie Town are Ravena, where the average rent goes for $824/month, Coeymans, where renters pay $1,090/mo on average, and Coeymans Town, where the average rent goes for $1,090/mo. If you’re looking for other great deals, check out the listings from Menands ($1,110), Watervliet ($1,126), and Westmere ($1,203), where the asking prices are below the average Colonie Town rent of $1,190/mo.
The most expensive neighborhoods in Colonie Town are Colonie ($1,451), Cohoes ($1,524) and Green Island ($1,539).
Colonie Town | Rent Comparison by Neighborhood
Rent in Albany is 7% lower than in Altamont
Albany rent is 6% higher than Colonie Town average
Altamont rent is 15% higher than Colonie Town average
How Does Colonie Town Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Colonie Town rental trends, check out our monthly rent report