Colonie Town, NY Rental Market Trends
What is the average rent in Colonie Town?
The average rent for an apartment in Colonie Town is $1,547. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Colonie Town, NY
Average Rent | Average Apartment Size |
---|---|
$1,547 | 903 sq. ft. |
What is the average apartment size in Colonie Town?
The average size for a Colonie Town, NY apartment is 903 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
Colonie Town, NY Occupied Housing Units
494 or 16% of the households in Colonie Town, NY are renter-occupied while 2,564 or 84% are owner-occupied.
Colonie Town, NY rent trends
Average Rent in Colonie Town, NY By Neighborhood
City | Average Rent |
---|---|
Altamont | $2,265 |
Knox | $2,265 |
Cohoes | $1,929 |
Bethlehem | $1,877 |
Green Island | $1,738 |
New Scotland Town | $1,713 |
Albany | $1,701 |
Westmere | $1,621 |
Guilderland Town | $1,581 |
Coeymans Town | $1,554 |
Watervliet | $1,416 |
Menands | $1,398 |
Ravena | $1,359 |
What are the most affordable neighborhoods in Colonie Town?
The most affordable neighborhoods in Colonie Town are Ravena, where the average rent goes for $1,359/month, Menands, where renters pay $1,398/mo on average, and Watervliet, where the average rent goes for $1,416/mo. If you’re looking for other great deals, check out the listings from Coeymans Town ($1,554), Guilderland Town ($1,581), and Westmere ($1,621), where the asking prices are below the average Colonie Town rent of $1,547/mo.
What are the most expensive neighborhoods in Colonie Town?
The most expensive neighborhoods in Colonie Town are Cohoes ($1,929), Altamont ($2,265) and Knox ($2,265).
What are the most popular neighborhoods in Colonie Town?
The most popular neighborhood in Colonie Town is Albany, where there are 43 listings with an average rent of $1,701. Next up is Cohoes, where apartments go for $1,929/month, followed by Guilderland Town with $1,581 If you’re looking to rent in Colonie Town’s most popular neighborhoods, make sure to also check out Bethlehem, where renters pay $1,877 on average, and Westmere, where the average monthly rent is $1,621.
Colonie Town | Rent Comparison by Neighborhood
Rent in Albany is 25% lower than in Altamont
Albany rent is 10% higher than Colonie Town average
Altamont rent is 46% higher than Colonie Town average
How Colonie Town Compares to Other Cities
State | Average Rent |
---|---|
New York City | $4,566 |
Manhattan | $4,939 |
Hudson Valley | $2,215 |
Brooklyn | $3,694 |
Bronx | $1,891 |
Queens | $3,051 |
Ithaca | $2,136 |
Buffalo | $1,394 |
Albany | $1,701 |
Amityville | $2,545 |
Colonie Town | $1,547 |
Guilderland Town | $1,581 |
Bethlehem | $1,877 |