Apartments & Condos for Rent in Schenectady, NY

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What to Know About

Life in Schenectady & Beyond

Schenectady shares many of the great qualities that make New York a desirable place to live.

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

Schenectady, NY

As of May 2025, Schenectady's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Schenectady's average rent is 13.8% ($354) lower than the New York average of $2,573 and 23.8% ($426) higher than the U.S. average of $1,793.

Average Rent
$2,219
Monthly ChangeMonth Over Month Change
Increased4% ($85)
Yearly ChangeYear Over Year Change
Increased43.2% ($669)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,923 Increased4.7% ($86) Increased34.4% ($492)
2 Beds $2,204 Increased4.7% ($98) Increased34.5% ($565)
3 Beds $2,553 Increased4.6% ($113) Increased23.2% ($480)
Nearby Cities Average Rent Avg. Rent vs. SchenectadyAverage Rent vs. Schenectady Avg. Days on MarketAverage Days on Market
Clifton Park $2,313 Increased4.2% ($94) 42 days
Ballston Lake $1,663 Decreased25.1% ($556) 36 days
Latham $1,681 Decreased24.2% ($538) 31 days
Altamont $2,563 Increased15.5% ($344) 33 days
Cohoes $1,761 Decreased20.6% ($458) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Schenectady Rental Market FAQs

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

The average rent in Schenectady, NY is $2,219 per month.
Apartments in Schenectady typically rent for between $1,346 and $3,319 per month, with an average of $2,219 per month.
In Schenectady, the average rent for a 1-bedroom apartment is $1,923 per month, for a 2-bedroom apartment, $2,204 per month, and a 3-bedroom apartment is $2,553 per month.
The average rent in Schenectady is 23.8% ($426) higher than the national average of $1,793 per month.
The average rent in Schenectady has increased by 4.0% ($85) in the last month and increased by 43.2% ($669) over the past year.
The rental market in Schenectady, NY, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Schenectady, NY, the average rental stays on the market for approximately 42 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 47 rental properties available in Schenectady, NY.
Based on the current averages, a household would need an annual income of $88,160 to comfortably afford a 2-bedroom apartment in Schenectady.
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