Schenectady, NY Rental Market Trends
The average rent for an apartment in Schenectady is $1,085, a 21% decrease compared to the previous year, when the average rent was $1,366.
Average Rent in Schenectady, NY
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,085||-21%||791 sq. ft.|
The average size for a Schenectady, NY apartment is 791 square feet, but this number varies greatly depending on apartment type. 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
- > $2,0008%
Schenectady, NY Rent Trends
|Jan / 2018||May / 2018||Jun / 2019|
Average Rent in Schenectady, NY By Neighborhood
|Union Street Area||$1,064|
The most affordable neighborhoods in Schenectady are Central State, where the average rent goes for $895/month, Woodlawn, where renters pay $895/mo on average, and Mont Pleasant, where the average rent goes for $917/mo. If you’re looking for other great deals, check out the listings from Eastern Avenue ($926), Northside Schenectady ($1,064), and Union Street Area ($1,064), where the asking prices are below the average Schenectady rent of $1,085/mo.
The most expensive neighborhoods in Schenectady are Downtown Schenectady ($1,141), Bellevue ($1,180) and Stockade ($1,298).
Schenectady | Rent Comparison by Neighborhood
Rent in Bellevue is 32% higher than in Central State
Bellevue rent is 9% higher than Schenectady average
Central State rent is 18% lower than Schenectady average
How Does Schenectady Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Schenectady rental trends, check out our monthly rent report