Rochester, NY Rental Market Trends
What is the average rent in Rochester?
The average rent for an apartment in Rochester is $1,107, a 4% increase compared to the previous year.
Average Rent in Rochester, NY
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,107 | 4% | 890 sq. ft. |
What is the average apartment size in Rochester?
The average size for a Rochester, NY apartment is 890 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.
Rochester, NY Apartment Rent Ranges
- $501-$7003%
- $701-$1,00048%
- $1,001-$1,50038%
- $1,501-$2,0008%
- > $2,0003%
Rochester, NY Occupied Housing Units
- Renter-occupied Households51%
- Owner-occupied Households48%
44,714 or 51% of the households in Rochester, NY are renter-occupied while 41,593 or 48% are owner-occupied.
Rochester, NY Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rochester, NY | $998 | $1,004 | $1,015 | $1,024 | $1,047 | $1,058 | $1,068 | $1,072 | $1,090 | $1,100 | $1,107 |
| National | $1,313 | $1,344 | $1,353 | $1,358 | $1,390 | $1,397 | $1,399 | $1,390 | $1,393 | $1,407 | $1,417 |
Average Rent in Rochester, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Center City | $1,399 |
| University of Rochester | $1,313 |
| Brown Square | $1,220 |
| Corn Hill | $1,220 |
| Edgerton | $1,220 |
| High Falls | $1,220 |
| Plymouth Exchange | $1,220 |
| Susan B. Anthony | $1,220 |
| Pearl Meigs Monroe | $1,209 |
| Azalea | $1,158 |
| Highland Park | $1,158 |
| Lilac | $1,158 |
| South Wedge | $1,158 |
| Swillburg | $1,158 |
| Upper Monroe | $1,158 |
| Upper Mount Hope | $1,158 |
| Genesee-Jefferson | $1,122 |
| Mayor's Heights | $1,122 |
| Cobbs Hill | $1,103 |
| Upper Falls | $1,075 |
| East Avenue | $1,072 |
| Park Avenue | $1,072 |
| Neighborhood of the Arts | $1,062 |
| Browncroft | $995 |
| North Winton Village | $995 |
| North Marketview Heights | $966 |
| South Marketview Heights | $966 |
| Beechwood | $960 |
| Culver Merchants | $960 |
| Homestead Heights | $960 |
| Northland-Lyceum | $960 |
| Charlotte | $940 |
| Charles House | $930 |
| Maplewood | $900 |
| Group 14621 | $874 |
| Lyell - Otis - Avery | $871 |
| Dutchtown | $860 |
| 19th Ward | $665 |
What are the most affordable neighborhoods in Rochester?
The most affordable neighborhoods in Rochester are 19th Ward, where the average rent goes for $665/month, Dutchtown, where renters pay $860/mo on average, and Lyell - Otis - Avery, where the average rent goes for $871/mo. If you’re looking for other great deals, check out the listings from Group 14621 ($874), Maplewood ($900), and Charles House ($930), where the asking prices are below the average Rochester rent of $1,107/mo.
What are the most expensive neighborhoods in Rochester?
The most expensive neighborhoods in Rochester are Susan B. Anthony ($1,220), University of Rochester ($1,313) and Center City ($1,399).
What are the most popular neighborhoods in Rochester?
The most popular neighborhood in Rochester is Group 14621, where there are 7 verified RENTCafé listings with an average rent of $874. Next up is North Marketview Heights, where apartments go for $966/month, followed by 19th Ward with $665 If you’re looking to rent in Rochester’s most popular neighborhoods, make sure to also check out Charlotte, where renters pay $940 on average, and Edgerton, where the average monthly rent is $1,220.
Rochester | Rent Comparison by Neighborhood
Rent in 19th Ward is 43% lower than in Azalea
19th Ward rent is 40% lower than Rochester average
| Average Rent | $665 |
|---|
Azalea rent is 5% higher than Rochester average
| Average Rent | $1,158 |
|---|
How Rochester Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Manhattan | $3,653 | -13% |
| Hudson Valley | $1,992 | 4% |
| Brooklyn | $2,680 | -9% |
| Bronx | $1,620 | n/a |
| Rochester | $1,107 | 4% |
| Queens | $2,389 | -10% |
| Buffalo | $1,111 | 4% |
| Brighton | $1,192 | 2% |
| Henrietta | $1,275 | 1% |
| Greece | $976 | 5% |
| Irondequoit | $927 | 5% |