Penfield, NY Rental Market Trends
Last updated: July 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Penfield is $1,931, a 6.48% increase compared to the previous year, when the average rent was $1,814.
One-bedroom apartments provide 731 square feet for $1,693, balancing privacy and affordability.
Two-beedroom units at $2,019 offer 1,028 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,448 sq ft) for $2,819, suitable for larger households.
Average rent in Penfield, NY
Last updated: July 05, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,931 | 933 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,693 | 731 sq. ft. |
| 2 Beds | $2,019 | 1,028 sq. ft. |
| 3 Beds | $2,819 | 1,448 sq. ft. |
Penfield, NY rent trends
Rental prices in Penfield, NY have increased by 6.48% over the past year. The average rent moved from $1,814 to $1,931.
What's the typical rent budget in Penfield, NY?
The largest share of rentals in Penfield, NY (38%) 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 15,723 or 79% are owner-occupied.
Most affordable neighborhoods in Penfield?
Irondequoit $1,312/month
North Gates $1,361/month
Greece $1,429/month
All of these neighborhoods fall below the city wide average of $1,931/month.Most expensive neighborhoods in Penfield?
Perinton Town $1,922/month
Henrietta $1,964/month
Pittsford $2,018/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Penfield, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Pittsford | $2,018 |
| Henrietta | $1,964 |
| Perinton Town | $1,922 |
| Webster | $1,859 |
| Ogden Town | $1,755 |
| Chili | $1,682 |
| Brighton | $1,555 |
| Rochester | $1,548 |
| Gates Town | $1,506 |
| Sweden Town | $1,502 |
| Greece | $1,429 |
| North Gates | $1,361 |
| Irondequoit | $1,312 |
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Penfield | Rent Comparison by Neighborhood
Rent in Brighton is 8% lower than in Chili
$1,555
Brighton rent is 19% lower than Penfield average
Average Rent
$1,555
$1,682
Chili rent is 13% lower than Penfield average
Average Rent
$1,682
How Penfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Penfield | $1,931 |
| New York City | $5,221 |
| Manhattan | $5,673 |
| Brooklyn | $4,681 |
| Hudson Valley | $2,656 |
| Buffalo | $1,452 |
| Queens | $3,651 |
| Albany | $1,749 |
| Ithaca | $2,310 |
| Rochester | $1,548 |
| Troy | $1,601 |
| Webster | $1,859 |
| Henrietta | $1,964 |
| Brighton | $1,555 |
| Greece | $1,429 |
| Perinton Town | $1,922 |
| Irondequoit | $1,312 |
| Gates Town | $1,506 |
| Chili | $1,682 |
| Sweden Town | $1,502 |
| Pittsford | $2,018 |
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.