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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

Last updated July 2023
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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Schenectady, NY By Neighborhood

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
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

Neighborhood
vs.

Rent in Bellevue is 31% higher than in Central State

$1,461

Bellevue rent is 11% higher than Schenectady average

Average Rent $1,461
$1,115

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.

Most Popular Apartments in Schenectady

148 Clinton Street 1-2 Beds Apartment for Rent
Today

144 Clinton Street

148 Clinton Street, Schenectady, NY 12305
1 BED $1,200
The Foster Building
Today

The Foster

204 Lafayette Street, Schenectady, NY 12305
1 BED $1,545
State and Clinton Model Apartment
Today

State And Clinton

501 State Street, Schenectady, NY 12305
1 BED $1,285+
43 Washington Avenue
Today

Redburn Stockade

Stockade, Schenectady, NY 12305
1 BED $905
2 BEDS $1,465
3 BEDS $1,995
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