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Average Rent in Schenectady 12303 & Rent Trends

Rent prices and market trends across 1 apartment community in Schenectady 12303, Albany, NY. Updated daily.

Market Average

$1,432/mo

Lowest Listed

$1,432/mo

as of Sep 17

Communities

1

tracked daily

Units Listed

1

as of Sep 17

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Schenectady 12303 vs Albany, NY Average

Schenectady 12303 is cheaper than the Albany, NY average by $441/mo (24%). The citywide average is $1,873/mo across all neighborhoods.

Is Rent Going Up or Down in Schenectady 12303?

As of September 2026, the average rent in Schenectady 12303 is $1,432 per month across 1 apartment community and 1 recently listed units.

The most affordable option is Mohawk Village Garden Apartments starting at $1,432/mo. By unit type, a 1-bedroom averages $1,432/mo.

Prices range from $1,432 to $1,432 per month. The most common price point is the $1,400 range, where 1 units were listed.

Rent by Bedroom Type in Schenectady 12303

1 Bed
$1,432
from $1,432 · 1 units

Rent Prices by Apartment in Schenectady 12303

Property Starting at Average Units Rating
Mohawk Village Garden Apartments $1,432/mo $1,432/mo 1 3.7

Frequently Asked Questions About Rent in Schenectady 12303

What is the average rent in Schenectady 12303?

The average rent in Schenectady 12303 is $1,432 per month as of September 2026, based on 1 units across 1 apartment communities.

Is rent going up or down in Schenectady 12303?

The average rent in Schenectady 12303 was $1,432/mo when last verified September 17, 2026.

What is the cheapest apartment in Schenectady 12303?

The most affordable apartment in Schenectady 12303 is Mohawk Village Garden Apartments with units starting at $1,432/mo.

How much is a 1-bedroom apartment in Schenectady 12303?

A 1-bedroom apartment in Schenectady 12303 averages $1,432/mo, with prices starting at $1,432/mo across 1 recently listed units.

How many apartments are available in Schenectady 12303?

1 units were listed across 1 apartment communities in Schenectady 12303 as of September 17, 2026.

What salary do I need to live comfortably in Schenectady 12303?

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

Minimum to afford average rent

$57,000/year

Based on the 30 percent rule, using our tracked average rent of $1,432/mo.

Comfortable income

$69,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

Median household income in Schenectady 12303 is $59,485 , about 13% below the comfortable-living threshold.

Cost of living in Schenectady 12303

Overall prices in Schenectady 12303 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 12303's regional price parities.

Category Monthly estimate
Rent (market average) $1,432
Utilities $399
Groceries $526
Transportation $951
Healthcare $464
Other goods and services $743
Estimated total $4,515/mo

Population

100,081

Median household income

$59,485

Census median rent

$1,178/mo

Census rent burden

30.0%

Median age

31.9

Mean commute

20 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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