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Rental Market Trends in Ballston Spa, NY

What is the average rent in Ballston Spa, NY?

$1,698/month

Average Rent

765 Sq Ft

Average Apartment Size

+10.4%

Increase in the Last Year

As of January 2026, the average rent in Ballston Spa, NY is $1,698 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Ballston Spa rent prices are 5% higher than the national average. When you rent an apartment in Ballston Spa, you can expect to pay about per month for a studio, $1,698 for a one-bedroom apartment, and around $2,080 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,466 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,698/month
765 Sq Ft
Two Bedroom
$2,080/month
1,114 Sq Ft
Three Bedroom
$2,466/month
1,456 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Ballston Spa, NY?

In the past year, rent has increased by 10.4%, which averages out to $177 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Ballston Spa, NY
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Ballston Spa, NY
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
25% $1,001 - $1,500/month
33% $1,501 - $2,000/month
33% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Ballston Spa?

Based on current rent prices, Milton Oaks is the most affordable neighborhood in Ballston Spa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton Oaks
$1,832/month
681 Sq Ft

What are the most expensive neighborhoods in Ballston Spa?

Based on current rent prices, Milton Oaks is the most expensive neighborhood in Ballston Spa.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton Oaks
$1,832/month
681 Sq Ft

Which Ballston Spa neighborhoods have the most rentals available?

The neighborhood in Ballston Spa with the most apartments available is Milton Oaks .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Milton Oaks
$1,832/month
681 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Ballston Spa, NY?

Because the average rent in Ballston Spa is $1,698, you’ll want to make about $5,660 per month or $67,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Ballston Spa, NY

94 Available Apartments for Rent

Search for Nearby Apartments

How does Ballston Spa, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Ballston Spa, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Ballston Spa, NY

Apartment Averages

Milton Oaks

Ballston Spa, NY

Milton Oaks

Ballston Spa, NY

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Malta Average Rent
  • Saratoga Springs Average Rent
  • Ballston Lake Average Rent

Apartment communities in Ballston Spa we think you'll love

Townhomes at Woodlands Edge

Townhomes at Woodlands Edge

2 Tanager Way,
Ballston Spa, NY 12020

$2,800 - $3,200

2 Beds

Steeplechase At Malta

Steeplechase At Malta

2400 Steeplechase Blvd,
Ballston Spa, NY 12020

$1,800 - $2,250

1-2 Beds

Winner's circle

Winner's circle

100 Madison Dr,
Ballston Spa, NY 12020

$1,633 - $2,898

1-3 Beds

Bridgewater Apartments

Bridgewater Apartments

110 Brookline Rd,
Ballston Spa, NY 12020

$1,700 - $1,825

1-3 Beds

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United States New York Ballston Spa Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity