Last updated
Average Rent in Schenectady, NY & Rent Trends
Rent prices and market trends across 3 apartment communities in Schenectady, NY. Updated daily.
Market Average
$1,548/mo
▲ +4.6% from last month
Lowest Available
$1,225/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
14
available now
Rent by Neighborhood in Schenectady, NY
Compare average rent across Schenectady, NY neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Schenectady 12305 | $1,585 | $1,225 | 2 | 9 |
| Schenectady 12309 | $1,481 | $1,380 | 1 | 5 |
Is Rent Going Up or Down in Schenectady, NY?
As of May 2026, the average rent in Schenectady, NY is $1,548 per month across 3 apartment communities and 14 available units. Rents have increased $70 (4.6%) over the past month.
The most affordable option is Maddalone & Associates, Inc. starting at $1,225/mo. By unit type, a 1-bedroom averages $1,542/mo, a 2-bedroom averages $1,568/mo.
Prices range from $1,225 to $1,768 per month. The most common price point is the $1,600 range, where 6 units are currently listed.
Schenectady, NY Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Schenectady, NY
Rent Prices by Apartment in Schenectady, NY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Maddalone & Associates, Inc. | $1,225/mo | $1,549/mo | 7 | 3.7 |
| Hillcrest Village Apartment Homes | $1,380/mo | $1,481/mo | 5 | 3.2 |
| 13 State Street Apartments | $1,654/mo | $1,711/mo | 2 | 4.8 |
Google Search Trends for Schenectady, NY Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Schenectady, NY
What is the average rent in Schenectady, NY?
Is rent going up or down in Schenectady, NY?
What is the cheapest apartment in Schenectady, NY?
How much is a 1-bedroom apartment in Schenectady, NY?
How many apartments are available in Schenectady, NY?
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.
Explore Schenectady, NY Apartments
Browse all 3 communities with daily-updated pricing and availability.