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Rental Market Trends in Derby, NY

What is the average rent in Derby, NY?

$1,341/month

Average Rent

720 Sq Ft

Average Apartment Size

-6.5%

Decrease in the Last Year

As of June 2025, the average rent in Derby, NY is $1,341 per month. This is 18% lower than the national average rent of $1,627/month, making renting in Derby more affordable than most cities in the US. When you rent an apartment in Derby, you can expect to pay about per month for a studio, $1,341 for a one-bedroom apartment, and around $1,359 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $992 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,341/month
720 Sq Ft
Two Bedroom
$1,359/month
832 Sq Ft
Three Bedroom
$992/month
1,100 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 Derby, NY?

In the past year, rent has decreased by 6.5%, which averages out to $86 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Derby, NY
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Derby, NY
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Derby is $1,341, you’ll want to make about $4,470 per month or $53,640 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

Derby, NY

20 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Derby, 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.

Apartment Averages

Nearby City Rent Trends

  • Hamburg Average Rent
  • Orchard Park Average Rent
  • Buffalo Average Rent
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Apartment communities in Derby we think you'll love

The Glen

The Glen

7008 Erie Rd,
Derby, NY 14047

1-2 Beds | $1,355 - $1,735

Eagle Ridge Commons

Eagle Ridge Commons

5510 Southwestern Blvd,
Hamburg, NY 14075

1-3 Beds | $1,650 - $3,300

Emerald Green

Emerald Green

5260 Rogers Rd,
Hamburg, NY 14075

Studio - 2 Beds | $1,750 - $3,000

Sunset Court Apartments

Sunset Court Apartments

5570 Camp Rd,
Hamburg, NY 14075

1-2 Beds | $957 - $1,373

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United States New York Derby 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity