Schenectady, NY Rental Market Trends
What is the average rent in Schenectady?
The average rent for an apartment in Schenectady is $1,319. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Schenectady, NY
| Average Rent | Average Apartment Size |
|---|---|
| $1,319 | 782 sq. ft. |
What is the average apartment size in Schenectady?
The average size for a Schenectady, NY apartment is 782 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.
Schenectady, NY apartment rent ranges
Schenectady, NY Occupied Housing Units
14,266 or 54% of the households in Schenectady, NY are renter-occupied while 12,030 or 46% are owner-occupied.
Schenectady, NY rent trends
Average Rent in Schenectady, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Northside Schenectady | $1,513 |
| Union Street Area | $1,513 |
| Stockade | $1,506 |
| Bellevue | $1,461 |
| Downtown Schenectady | $1,398 |
| Eastern Avenue | $1,250 |
| Mont Pleasant | $1,128 |
| Central State | $1,115 |
| Woodlawn | $1,115 |
What are the most affordable neighborhoods in Schenectady?
The most affordable neighborhoods in Schenectady are Central State, where the average rent goes for $1,115/month, Woodlawn, where renters pay $1,115/mo on average, and Mont Pleasant, where the average rent goes for $1,128/mo. If you’re looking for other great deals, check out the listings from Eastern Avenue ($1,250), Downtown Schenectady ($1,398), and Bellevue ($1,461), where the asking prices are below the average Schenectady rent of $1,319/mo.
What are the most expensive neighborhoods in Schenectady?
The most expensive neighborhoods in Schenectady are Stockade ($1,506), Northside Schenectady ($1,513) and Union Street Area ($1,513).
What are the most popular neighborhoods in Schenectady?
The most popular neighborhood in Schenectady is Downtown Schenectady, where there are 4 listings with an average rent of $1,398. Next up is Northside Schenectady, where apartments go for $1,513/month, followed by Stockade with $1,506 If you’re looking to rent in Schenectady’s most popular neighborhoods, make sure to also check out Bellevue, where renters pay $1,461 on average, and Central State, where the average monthly rent is $1,115.
Schenectady | Rent Comparison by Neighborhood
Rent in Bellevue is 31% higher than in Central State
Bellevue rent is 11% higher than Schenectady average
| Average Rent | $1,461 |
|---|
Central State rent is 15% lower than Schenectady average
| Average Rent | $1,115 |
|---|
How Schenectady Compares to Other Cities
| City | Average Rent |
|---|---|
| Manhattan | $4,742 |
| Hudson Valley | $2,215 |
| Brooklyn | $3,350 |
| Bronx | $1,787 |
| Buffalo | $1,289 |
| Albany | $1,603 |
| Ithaca | $2,034 |
| Queens | $2,902 |
| Yonkers | $2,457 |
| Syracuse | $1,472 |
| Troy | $1,470 |
| Poughkeepsie | $1,978 |
| Schenectady | $1,319 |
| Holyoke | $1,231 |
| Northampton | $2,205 |
| Cohoes | $1,870 |
| Westfield | $1,819 |
| Chicopee | $1,353 |
| Glens Falls | $1,498 |
| Hudson | $1,646 |
| Saugerties | $1,850 |
What is the average price for a storage unit in Schenectady?
The average rent for a non-climate-controlled 10'x10' storage unit in Schenectady is $121.67. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
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