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Average Rent in Schenectady 12309 & Rent Trends

Rent prices and market trends across 1 apartment community in Schenectady 12309, Albany, NY. Updated daily.

Market Average

$1,253/mo

Lowest Available

$1,245/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

2

available now

Schenectady 12309 vs Albany, NY Average

Schenectady 12309 is cheaper the Albany, NY average by $636/mo (34%). The citywide average is $1,889/mo across all neighborhoods.

Is Rent Going Up or Down in Schenectady 12309?

As of June 2026, the average rent in Schenectady 12309 is $1,253 per month across 1 apartment community and 2 available units.

The most affordable option is Hampshire Apartments starting at $1,245/mo. By unit type, a studio averages $1,253/mo.

Prices range from $1,245 to $1,260 per month. The most common price point is the $1,200 range, where 2 units are currently listed.

Rent by Bedroom Type in Schenectady 12309

Studio
$1,253
from $1,245 · 2 units

Rent Prices by Apartment in Schenectady 12309

Property Starting at Average Units Rating
Hampshire Apartments $1,245/mo $1,253/mo 2 4.8

Frequently Asked Questions About Rent in Schenectady 12309

What is the average rent in Schenectady 12309?

The average rent in Schenectady 12309 is $1,253 per month as of June 2026, based on 2 units across 1 apartment communities.

Is rent going up or down in Schenectady 12309?

The current average rent in Schenectady 12309 is $1,253/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Schenectady 12309?

The most affordable apartment in Schenectady 12309 is Hampshire Apartments with units starting at $1,245/mo.

How many apartments are available in Schenectady 12309?

There are 2 units available across 1 apartment communities in Schenectady 12309.

What salary do I need to live comfortably in Schenectady 12309?

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

Minimum to afford average rent

$50,000/year

Based on the 30 percent rule, using our tracked average rent of $1,253/mo.

Comfortable income

$60,000/year

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

To afford the cheapest tracked apartment ($1,245/mo), you need to earn at least $50,000/year.

Median household income in Schenectady 12309 is $59,485 , about 1% below the comfortable-living threshold.

Cost of living in Schenectady 12309

Overall prices in Schenectady 12309 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 12309's regional price parities.

Category Monthly estimate
Rent (market average) $1,253
Utilities $399
Groceries $526
Transportation $951
Healthcare $464
Other goods and services $743
Estimated total $4,336/mo

Population

100,081

Median household income

$59,485

Census median rent

$1,178/mo

Rent as % of income

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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