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Rental Market Trends in Cortland, NY

Updated July 2026

The average rent in Cortland, NY is $1,032/month.

Rent in Cortland is 38% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,032/month

Average Rent

635 Sq Ft

Average Size

+1.9%

Change / Year

104

Available Apartments

Cortland rent varies by unit size and layout:

  • Studio apartments in Cortland average $720 per month.
  • One-bedroom apartments in Cortland average $1,032 per month.
  • Two-bedroom apartments in Cortland average $1,274 per month.
  • Three-bedroom apartments in Cortland average $3,194 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$720/month
500 Sq Ft
One Bedroom
$1,032/month
635 Sq Ft
Two Bedroom
$1,274/month
790 Sq Ft
Three Bedroom
$3,194/month
1,011 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$3,960/month
320 Sq Ft
Four Bedroom
$4,146/month
1,688 Sq Ft
View Cortland Apartments

How much has average rent changed in Cortland, NY?

In the past year, rent has increased by 1.9%, which averages out to $20 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Cortland, NY

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Cortland, NY
Percentage*
Rent Range
0% Below $700/month
22% $700 - $1,000/month
67% $1,001 - $1,500/month
0% $1,501 - $2,000/month
11% Above $2,000/month

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

Because the average rent in Cortland is $1,032, you’ll want to make about $3,440 per month or $41,280 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

Cortland, NY

104 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Cortland, 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 Cortland Area Guide

Apartment Averages

Apartment Communities in Cortland We Think You'll Love

College Suites at Cortland

College Suites at Cortland

951 Route 13,
Cortland, NY 13045

1-4 Beds | $750 - $1,300

Country Townhomes

Country Townhomes

126 Chelsea Dr,
Cortland, NY 13045

1-2 Beds | $1,155 - $1,735

Village Terrace Apartment Homes

Village Terrace Apartment Homes

1 Holiday Dr,
Cortland, NY 13045

1-3 Beds | $1,295 - $1,515

Sherbrook Apartments

Sherbrook Apartments

1063 Halstead Rd,
Cortland, NY 13045

1-2 Beds | $1,000 - $1,300

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Frequently Asked Questions

What is the average rent in Cortland?

The average rent in Cortland is $1,032 per month, which is 37.9% lower than the national average of $1,663.

Are rents going up or down in Cortland?

Rents in Cortland, NY are increasing, with prices up 1.9% year-over-year and $20 more per month.

What rent range is most common in Cortland?

In Cortland, NY, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States New York Cortland 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity