The average monthly rent of apartments in Larchmont, NY is $2,208.
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Rental prices in Larchmont, NY have increased by 19.21% over the past year. The average rent moved from $1,852 to $2,208.
Compared to the national average rent of $1,741, the average rent in Larchmont, NY is $2,208.
The average monthly rent of apartments in Larchmont, NY is $2,208.
About 60% of apartment rents in Larchmont, NY range between $2,001-$2,500. Meanwhile, apartments around $2,501-$3,000 represent 13% of apartments. Around 21% of Hudson Valley’s apartments are in the $1,501-$2,000 price range. 2% of apartments are priced between $1,001-$1,500. A share of 4% of apartment rentals in Hudson Valley are in the > $3,000 range.
The largest share of rentals in Larchmont, NY (60%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Larchmont, NY is $1,824.
In Larchmont, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Larchmont's rentals, 72% are small-scale complexes with under 50 units, and 5% are single-family rentals.
The average age of rental buildings in Larchmont is 68 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 39% are garden-style apartment communities, 61% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in Larchmont come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 74% of the total apartments in the city, while 2-bedroom floorplans represent around 24% of all rentals in Larchmont. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
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