Penfield, NY Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Penfield is $1,738, a 5.09% increase compared to the previous year, when the average rent was $1,654.
Studio Apartments at $1,029 offer the most budget-friendly option with 484 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 709 square feet for $1,527, balancing privacy and affordability.
Two-beedroom units at $1,822 offer 1,035 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,402 sq ft) for $2,351, suitable for larger households.
Average rent in Penfield, NY
Last updated: November 20, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,738 | 930 sq. ft. |
| Studio | $1,029 | 484 sq. ft. |
| 1 Bed | $1,527 | 709 sq. ft. |
| 2 Beds | $1,822 | 1,035 sq. ft. |
| 3 Beds | $2,351 | 1,402 sq. ft. |
Penfield, NY rent trends
Rental prices in Penfield, NY have increased by 5.09% over the past year. The average rent moved from $1,654 to $1,738.
What's the typical rent budget in Penfield, NY?
The largest share of rentals in Penfield, NY (55%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Penfield, NY?
4,101 or 21% of the households in Penfield, NY are renter-occupied while 15,735 or 79% are owner-occupied.
Most affordable neighborhoods in Penfield?
Brockport $1,198/month
Irondequoit $1,273/month
Greece $1,371/month
All of these neighborhoods fall below the city wide average of $1,738/month.Most expensive neighborhoods in Penfield?
Webster $1,803/month
Perinton Town $1,896/month
Henrietta $1,938/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Penfield, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Henrietta | $1,938 |
| Perinton Town | $1,896 |
| Webster | $1,803 |
| Pittsford | $1,733 |
| Chili | $1,633 |
| Ogden Town | $1,572 |
| Hilton | $1,557 |
| Parma Town | $1,557 |
| Brighton | $1,522 |
| Rochester | $1,512 |
| Gates Town | $1,480 |
| Sweden Town | $1,469 |
| Greece | $1,371 |
| Irondequoit | $1,273 |
| Brockport | $1,198 |
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Penfield | Rent Comparison by Neighborhood
Rent in Brighton is 27% higher than in Brockport
$1,522
Brighton rent is 12% lower than Penfield average
Average Rent
$1,522
$1,198
Brockport rent is 31% lower than Penfield average
Average Rent
$1,198
How Penfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Penfield | $1,738 |
| New York City | $5,284 |
| Manhattan | $5,632 |
| Brooklyn | $4,205 |
| Hudson Valley | $2,595 |
| Queens | $4,171 |
| Buffalo | $1,410 |
| Albany | $1,728 |
| Ithaca | $2,300 |
| Rochester | $1,512 |
| Troy | $1,588 |
| Henrietta | $1,938 |
| Brighton | $1,522 |
| Perinton Town | $1,896 |
| Webster | $1,803 |
| Greece | $1,371 |
| Chili | $1,633 |
| Ogden Town | $1,572 |
| Gates Town | $1,480 |
| Irondequoit | $1,273 |
| Sweden Town | $1,469 |
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 Penfield 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.