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Rental Market Trends in Farmington, NY

What is the average rent in Farmington, NY?

$1,160/month

Average Rent

716 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of July 2025, the average rent in Farmington, NY is $1,160 per month. This is 29% lower than the national average rent of $1,637/month, making renting in Farmington more affordable than most cities in the US. When you rent an apartment in Farmington, you can expect to pay about $857 per month for a studio, $1,160 for a one-bedroom apartment, and around $1,802 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,048 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$857/month
506 Sq Ft
One Bedroom
$1,160/month
716 Sq Ft
Two Bedroom
$1,802/month
1,149 Sq Ft
Three Bedroom
$2,048/month
1,363 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 Farmington, NY?

In the past year, rent has increased by 2.6%, which averages out to $31 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Farmington, NY
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Farmington, NY
Percentage*
Rent Range
8% Below $700/month
15% $700 - $1,000/month
23% $1,001 - $1,500/month
23% $1,501 - $2,000/month
31% Above $2,000/month

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

Because the average rent in Farmington is $1,160, you’ll want to make about $3,866 per month or $46,392 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

Farmington, NY

68 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Farmington, 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 Farmington, NY

Apartment Averages

Apartment communities in Farmington we think you'll love

Saratoga Crossing Apartments & Townhomes

Saratoga Crossing Apartments & Townhomes

6141 Cedar Creek Way,
Farmington, NY 14425

1-3 Beds | $1,905 - $3,691

Hathaway Meadows

Hathaway Meadows

1188 Barry Pl,
Farmington, NY 14425

1-3 Beds | $1,625 - $2,705

Fairdale Townhomes

Fairdale Townhomes

1155 Fairdale Gln,
Farmington, NY 14425

2-4 Beds | $1,450 - $2,050

Creekwood Townhomes

Creekwood Townhomes

1501-1524 Red Fern Dr,
Farmington, NY 14425

3 Beds | $2,600 - $2,650

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United States New York Farmington 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