Schenectady, NY Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Schenectady is $1,475, a 6.67% increase compared to the previous year, when the average rent was $1,383.
Studio Apartments at $1,012 offer the most budget-friendly option with 423 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 705 square feet for $1,360, balancing privacy and affordability.
Two-beedroom units at $1,584 offer 894 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,515 sq ft) for $2,120, suitable for larger households.
Average rent in Schenectady, NY
Last updated: February 18, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,475 | 763 sq. ft. |
| Studio | $1,012 | 423 sq. ft. |
| 1 Bed | $1,360 | 705 sq. ft. |
| 2 Beds | $1,584 | 894 sq. ft. |
| 3 Beds | $2,120 | 1,515 sq. ft. |
Schenectady, NY rent trends
Rental prices in Schenectady, NY have increased by 6.67% over the past year. The average rent moved from $1,383 to $1,475.
What's the typical rent budget in Schenectady, NY?
The largest share of rentals in Schenectady, NY (60%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Schenectady, NY?
15,889 or 55% of the households in Schenectady, NY are renter-occupied while 12,880 or 45% are owner-occupied.
Most affordable neighborhoods in Schenectady?
Stockade $1,237/month
Woodlawn $1,315/month
Northside Schenectady $1,512/month
All of these neighborhoods fall below the city wide average of $1,475/month.Average Rent in Schenectady, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Schenectady | $1,838 |
| Northside Schenectady | $1,512 |
| Woodlawn | $1,315 |
| Stockade | $1,237 |
/
Schenectady | Rent Comparison by Neighborhood
Rent in Downtown Schenectady is 22% higher than in Northside Schenectady
$1,838
Downtown Schenectady rent is 25% higher than Schenectady average
Average Rent
$1,838
$1,512
Northside Schenectady rent is 2% higher than Schenectady average
Average Rent
$1,512
How Schenectady Compares to Other Cities
| City | Average Rent |
|---|---|
| Schenectady | $1,475 |
| New York City | $5,227 |
| Manhattan | $5,524 |
| Hudson Valley | $2,603 |
| Brooklyn | $4,351 |
| Queens | $4,401 |
| Ithaca | $2,305 |
| Albany | $1,743 |
| Buffalo | $1,419 |
| Poughkeepsie | $2,083 |
| Amityville | $2,932 |
| North Greenbush, NY | $2,129 |
| Troy | $1,575 |
| Clifton Park, NY | $1,495 |
| Cohoes, NY | $2,003 |
| Halfmoon, NY | $1,636 |
| Brunswick, NY | $1,664 |
| Malta, NY | $1,984 |
| Saratoga Springs, NY | $2,251 |
| Watervliet, NY | $1,448 |
| Milton, NY | $2,097 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Schenectady apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.