Last updated
Average Rent in Schenectady NY & Rent Trends
Rent prices and market trends across 2 apartment communities in Schenectady NY. Updated daily.
Market Average
$1,472/mo
Lowest Available
$1,380/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
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 | $1,518 | $1,225 | 2 | 4 |
| Schenectady 12309 | $1,495 | $1,380 | 1 | 6 |
Is Rent Going Up or Down in Schenectady NY?
As of May 2026, the average rent in Schenectady NY is $1,472 per month across 2 apartment communities and 5 available units.
The most affordable option is Hillcrest Village Apartment Homes starting at $1,380/mo. By unit type, a 1-bedroom averages $1,472/mo.
Prices range from $1,380 to $1,654 per month. The most common price point is the $1,200 range, where 2 units are currently listed.
Schenectady NY Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Schenectady NY
Rent Prices by Apartment in Schenectady NY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Hillcrest Village Apartment Homes | $1,380/mo | $1,426/mo | 4 | 3.2 |
| 13 State Street Apartments | $1,654/mo | $1,654/mo | 1 | 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
$59,000/year
30 percent rule -- using our average rent of $1,472/mo.
Comfortable income
$71,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,380/mo), you need to earn at least $55,000/year.
Median household income in Schenectady NY is $56,398 , about 20% 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) | $1,472 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $4,555/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 2 communities with daily-updated pricing and availability.