New York state is known for its iconic skyscrapers, cultural diversity, and history. Visit notable museums, such as the Metropolitan Museum of Art, the American Museum of Natural History, and the Museum of Modern Art, to learn about the state's cultural heritage. New York is also home to prestigious universities like Columbia University, Cornell University, and New York University. The theater and art scene also thrive in New York, with world-renowned museums and performance centers in NYC like the Metropolitan Museum of Art, Lincoln Center, and Carnegie Hall.

From the breathtaking peaks of the Adirondack and Catskill Mountains to the scenic beauty of the Finger Lakes, outdoor enthusiasts will find plenty to explore. In terms of sports, New York is home to many professional teams like the New York Giants (NFL), Buffalo Bills (NFL), New York Rangers (NHL), New York Yankees (MLB), New York Mets (MLB), the New York Knicks (NBA), and Brooklyn Nets (NBA). In addition, embrace famous attractions like the Empire State Building, Statue of Liberty, Central Park, and Niagara Falls.

New York offers a high quality of life, a strong economy, and a rich cultural heritage, making it a great place to live.

Rental Market Trends

Latham, NY

As of August 2025, Latham's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Latham's average rent is 25.7% ($601) lower than the New York average of $2,343 and 2.7% ($48) lower than the U.S. average of $1,790.

Average Rent

$1,742

Monthly ChangeMonth Over Month Change

7.4% ($120)

Yearly ChangeYear Over Year Change

1.5% ($25)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,540	No change	1.3% ($20)
2 Beds	$1,787	4% ($68)	2.6% ($46)
3 Beds	$2,502	2.1% ($54)	13.7% ($301)

Nearby Cities	Average Rent	Avg. Rent vs. LathamAverage Rent vs. Latham	Avg. Days on MarketAverage Days on Market
Watervliet	$1,556	10.7% ($186)	36 days
Cohoes	$1,997	14.6% ($255)	31 days
Clifton Park	$2,585	48.4% ($843)	42 days
Troy	$1,793	2.9% ($51)	37 days
Albany	$1,669	4.2% ($73)	31 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Latham Rental Market FAQs

Explore rental prices, market trends, and availability in Latham, NY.

What is the average rent in Latham, NY?

The average rent in Latham, NY is $1,742 per month.

What is the rental price range for apartments in Latham, NY?

Apartments in Latham typically rent for between $1,078 and $3,253 per month, with an average of $1,742 per month.

What is the average rent for different bedroom sizes in Latham, NY?

In Latham, the average rent for a 1-bedroom apartment is $1,540 per month, for a 2-bedroom apartment, $1,787 per month, and a 3-bedroom apartment is $2,502 per month.

How do rent prices in Latham, NY compare with the national average?

The average rent in Latham is 2.7% ($48) lower than the national average of $1,790 per month.

How have rent prices in Latham, NY changed recently?

The average rent in Latham has increased by 7.4% ($120) in the last month and increased by 1.5% ($25) over the past year.

How competitive is the rental market in Latham, NY?

The rental market in Latham, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Latham, NY?

In Latham, NY, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Latham, NY?

There are currently 11 rental properties available in Latham, NY.

Can I afford to rent an apartment in Latham, NY?

Based on the current averages, a household would need an annual income of $71,480 to comfortably afford a 2-bedroom apartment in Latham.