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  2. Rensselaer, NY
Updated

Average Rent in Rensselaer, NY

2 apartment buildings, 38 units. Real asking prices, refreshed daily.

Avg Rent

$2,247/mo

Cheapest

$1,694/mo

Properties

2

Units

38

Analysis

Rent Price Breakdown

Compare pricing across all 2 properties in Rensselaer, NY.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Rensselaer, NY Rent Prices

All 2 properties ranked by lowest available rent.

Explore Each Property

Rensselaer, NY Average Rent Prices 2026

The average rent in Rensselaer, NY is $2,247 per month, based on 38 units across 2 apartment communities. Prices range from $1,694 at Kinwood Apartments to $1,950 at Eagle Rock Apartments & Townhomes at Rensselaer.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,871/mo $1,694/mo 5
2 Bed $2,186/mo $1,905/mo 18
3 Bed $2,445/mo $2,091/mo 15

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Rensselaer, NY, and what they pay

Tracked one-bedroom rent in Rensselaer, NY averages $1,871/mo, with two-bedroom units averaging $2,186/mo. At the local median household income of $66,046, that works out to 41% of gross income, a severely rent-burdened market by HUD standards.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Rensselaer, NY at $1,180/mo. The current tracked market average runs 90% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Rensselaer, NY while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Rensselaer, NY?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$90,000/year

30 percent rule -- using our average rent of $2,247/mo.

Comfortable income

$108,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,694/mo), you need to earn at least $68,000/year.

Median household income in Rensselaer, NY is $66,046 , about 39% below the comfortable-living threshold.

Cost of living in Rensselaer, NY

Overall prices in Rensselaer, NY runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Rensselaer, NY's regional price parities.

Category Monthly estimate
Rent (market average) $2,247
Utilities $399
Groceries $526
Transportation $951
Healthcare $464
Other goods and services $743
Estimated total $5,330/mo

Population

9,247

Median household income

$66,046

Census median rent

$1,180/mo

Rent as % of income

26.2%

Median age

38.9

Mean commute

24 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in New York

How Rensselaer, NY rent compares to other markets in the state.

City Avg Rent vs Rensselaer, NY Properties
Albany, NY $1,869 -17% 21
Brooklyn, NY $4,528 +102% 10
Rochester, NY $1,816 -19% 9
Cohoes, NY $1,969 -12% 8
Troy, NY $1,887 -16% 6
Syracuse, NY $1,771 -21% 6

Frequently asked questions

What is the average rent in Rensselaer, NY?

The average rent in Rensselaer, NY is $2,247 per month, based on 38 units across 2 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Rensselaer, NY?

The lowest available rent in Rensselaer, NY starts at $1,694 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in Rensselaer, NY?

1-bedroom apartments in Rensselaer, NY average $1,871/mo. The lowest listed 1-bedroom starts at $1,694/mo across 5 units tracked.

How much is a 2-bedroom apartment in Rensselaer, NY?

2-bedroom apartments in Rensselaer, NY average $2,186/mo. Units start from $1,905/mo across 18 units currently listed.

Rent Trends in Rensselaer, NY

Track how apartment prices are changing over time.

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