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  2. Schenectady, NY
Updated

Average Rent in Schenectady, NY

5 apartment buildings, 14 units. Real asking prices, refreshed daily.

Avg Rent

$1,548/mo

Cheapest

$1,225/mo

Properties

5

Units

14

Analysis

Rent Price Breakdown

Compare pricing across all 5 properties in Schenectady, NY.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Schenectady, NY Rent Prices

All 5 properties ranked by lowest available rent.

Explore Each Property

Schenectady, NY Average Rent Prices 2026

The average rent in Schenectady, NY is $1,548 per month, based on 14 units across 5 apartment communities. Prices range from $1,225 at Maddalone & Associates, Inc. to $1,654 at 13 State Street Apartments.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,542/mo $1,380/mo 11
2 Bed $1,568/mo $1,225/mo 3

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 Schenectady, NY, and what they pay

Tracked one-bedroom rent in Schenectady, NY averages $1,542/mo, with two-bedroom units averaging $1,568/mo. At the local median household income of $56,398, that works out to 33% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Schenectady, NY at $1,109/mo. The current tracked market average runs 40% 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 Schenectady, NY while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Schenectady, 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

$62,000/year

30 percent rule -- using our average rent of $1,548/mo.

Comfortable income

$74,000/year

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

To afford the cheapest tracked apartment ($1,225/mo), you need to earn at least $49,000/year.

Median household income in Schenectady, NY is $56,398 , about 24% below the comfortable-living threshold.

Cost of living in Schenectady, NY

Overall prices in Schenectady, 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 Schenectady, NY's regional price parities.

Category Monthly estimate
Rent (market average) $1,548
Utilities $399
Groceries $526
Transportation $951
Healthcare $464
Other goods and services $743
Estimated total $4,631/mo

Population

68,521

Median household income

$56,398

Census median rent

$1,109/mo

Rent as % of income

33.8%

Median age

35.8

Mean commute

23 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.

Compare

Nearby cities in New York

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

City Avg Rent vs Schenectady, NY Properties
Albany, NY $1,869 +21% 21
Brooklyn, NY $4,528 +193% 10
Rochester, NY $1,816 +17% 9
Cohoes, NY $1,969 +27% 8
Troy, NY $1,887 +22% 6
Syracuse, NY $1,771 +14% 6

Frequently asked questions

What is the average rent in Schenectady, NY?

The average rent in Schenectady, NY is $1,548 per month, based on 14 units across 5 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Schenectady, NY?

The lowest available rent in Schenectady, NY starts at $1,225 per month. Availability changes daily as leasing data is refreshed each morning.

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

1-bedroom apartments in Schenectady, NY average $1,542/mo. The lowest listed 1-bedroom starts at $1,380/mo across 11 units tracked.

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

2-bedroom apartments in Schenectady, NY average $1,568/mo. Units start from $1,225/mo across 3 units currently listed.

Rent Trends in Schenectady, NY

Track how apartment prices are changing over time.

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