Legacy Bay Townhomes
436 Glenwood Rd,
Binghamton, NY 13905
1-2 Beds | $1,125 - $1,360
Rental Market Trends in Binghamton, NY
Updated July 2026
The average rent in Binghamton, NY is $965/month.
Rent in Binghamton is 42% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$965/month
Average Rent
604 Sq Ft
Average Size
+3.2%
Change / Year
416
Available Apartments
Binghamton rent varies by unit size and layout:
- Studio apartments in Binghamton average $680 per month.
- One-bedroom apartments in Binghamton average $965 per month.
- Two-bedroom apartments in Binghamton average $1,172 per month.
- Three-bedroom apartments in Binghamton average $1,148 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Binghamton, NY?
In the past year, rent has increased by 3.2%, which averages out to $31 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Binghamton, NY
July 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
35%
Below $700/month
27%
$700 - $1,000/month
19%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Binghamton?
Based on current rent prices, Northside Binghamton, Center City and Westside Binghamton are the most affordable neighborhoods in Binghamton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Binghamton?
Based on current rent prices, Westside Binghamton, Center City and Northside Binghamton are the most expensive neighborhoods in Binghamton.
Neighborhood
Average Rent
Average Sq Ft
Which Binghamton neighborhoods have the most rentals available?
The neighborhoods in Binghamton with the most apartments available are Center City, Northside Binghamton and Westside Binghamton .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Binghamton, NY?
Because the average rent in Binghamton is $965, you’ll want to make about $3,216 per month or $38,592 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.
How does Binghamton, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Binghamton, 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.
View the Binghamton Area GuideStudio
-
$648/month
One Bedroom
$597/month
$1,121/month
Two Bedroom
$697/month
$1,954/month
Three Bedroom
$797/month
$1,670/month
Apartment Communities in Binghamton We Think You'll Love
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Frequently Asked Questions
What is the average rent in Binghamton?
The average rent in Binghamton is $965 per month, which is 42.0% lower than the national average of $1,663.
What is the average rent for a house in Binghamton?
The average rent for a house in Binghamton, NY is $1,991 per month.
Are rents going up or down in Binghamton?
Rents in Binghamton, NY are increasing, with prices up 3.2% year-over-year and $31 more per month.
What rent range is most common in Binghamton?
In Binghamton, NY, 35% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.