Penfield, NY Rental Market Trends
The average rent for an apartment in Penfield is $1,203, a 4% increase compared to the previous year, when the average rent was $1,161.
Average Rent in Penfield, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,203||4%||1,002 sq. ft.|
The average size for a Penfield, NY apartment is 1,002 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.
Penfield, NY Apartment Rent Ranges
- > $2,0003%
Penfield, NY Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
5,970 or 31% of the households in Penfield, NY are renter-occupied while 12,887 or 68% are owner-occupied.
Penfield, NY Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Apr / 2020|
Average Rent in Penfield, NY By Neighborhood
The most affordable neighborhoods in Penfield are North Gates, where the average rent goes for $797/month, Irondequoit, where renters pay $870/mo on average, and East Rochester, where the average rent goes for $900/mo. If you’re looking for other great deals, check out the listings from Honeoye Falls ($914), Rush ($914), and Greece ($929), where the asking prices are below the average Penfield rent of $1,203/mo.
The most expensive neighborhoods in Penfield are Perinton Town ($1,226), Webster ($1,227) and Henrietta ($1,246).
The most popular neighborhood in Penfield is Rochester, where there are 32 verified RENTCafé listings with an average rent of $1,058. Next up is Brighton, where apartments go for $1,173/month, followed by Henrietta with $1,246 If you’re looking to rent in Penfield’s most popular neighborhoods, make sure to also check out Webster, where renters pay $1,227 on average, and Greece, where the average monthly rent is $929.
Penfield | Rent Comparison by Neighborhood
Rent in Brighton is 21% higher than in Brockport
Brighton rent is 3% lower than Penfield average
Brockport rent is 20% lower than Penfield average
How Penfield Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Penfield rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!