Schenectady, NY Rental Market Trends
What is the average rent in Schenectady?
The average rent for an apartment in Schenectady is $1,360. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Schenectady, NY
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,360 | 779 sq. ft. |
What is the average apartment size in Schenectady?
The average size for a Schenectady, NY apartment is 779 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
15,379 or 55% of the households in Schenectady, NY are renter-occupied while 12,729 or 45% are owner-occupied.
Schenectady, NY rent trends
Average Rent in Schenectady, NY By Neighborhood
| City | Average Rent |
|---|---|
| Bellevue | $1,550 |
| Northside Schenectady | $1,537 |
| Union Street Area | $1,537 |
| Stockade | $1,496 |
| Downtown Schenectady | $1,413 |
| Eastern Avenue | $1,300 |
| Mont Pleasant | $1,229 |
| Central State | $1,149 |
| Woodlawn | $1,149 |
/
What are the most affordable neighborhoods in Schenectady?
The most affordable neighborhoods in Schenectady are Central State, where the average rent goes for $1,149/month, Woodlawn, where renters pay $1,149/mo on average, and Mont Pleasant, where the average rent goes for $1,229/mo. If you’re looking for other great deals, check out the listings from Eastern Avenue ($1,300), Downtown Schenectady ($1,413), and Stockade ($1,496), where the asking prices are below the average Schenectady rent of $1,360/mo.
What are the most expensive neighborhoods in Schenectady?
The most expensive neighborhoods in Schenectady are Northside Schenectady ($1,537), Union Street Area ($1,537) and Bellevue ($1,550).
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 $1,413. Next up is Northside Schenectady, where apartments go for $1,537/month, followed by Stockade with $1,496 If you’re looking to rent in Schenectady’s most popular neighborhoods, make sure to also check out Bellevue, where renters pay $1,550 on average, and Central State, where the average monthly rent is $1,149.
Schenectady | Rent Comparison by Neighborhood
Rent in Bellevue is 35% higher than in Central State
$1,550
Bellevue rent is 14% higher than Schenectady average
Average Rent
$1,550
$1,149
Central State rent is 15% lower than Schenectady average
Average Rent
$1,149
How Schenectady Compares to Other Cities
| State | Average Rent |
|---|---|
| New York City | $4,641 |
| Manhattan | $5,025 |
| Hudson Valley | $2,215 |
| Brooklyn | $3,571 |
| Bronx | $1,923 |
| Queens | $3,117 |
| Ithaca | $2,187 |
| Buffalo | $1,438 |
| Albany | $1,691 |
| Yonkers | $2,494 |
| Troy | $1,558 |
| Schenectady | $1,360 |
| Clifton Park | $1,503 |
| Halfmoon | $1,541 |
| Cohoes | $1,900 |
| Saratoga Springs | $2,097 |
| Brunswick | $1,558 |
| Malta | $1,707 |
| Schodack | $1,751 |
| Watervliet | $1,476 |
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 $127.5. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Schenectady
.jpg?crop=(0,0,300,200)&cropxunits=300&cropyunits=200&width=480&quality=90)
The Foster
204 Lafayette Street, Schenectady, NY 12305| STUDIO | $1,035 |
| 1 BED | $1,555 |
State And Clinton
501 State Street, Schenectady, NY 12305| 1 BED | $1,350+ |
| 2 BEDS | $1,975 |
132 Broadway Lofts
132 Broadway, Schenectady, NY 12305| STUDIO | $1,265 |
Redburn Stockade
Stockade, Schenectady, NY 12305| 2 BEDS | $1,225 |