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Rental Market Trends in Latham, NY

What is the average rent in Latham, NY?

$1,424/month

Average Rent

850 Sq Ft

Average Apartment Size

+2.5%

Increase in the Last Year

As of May 2025, the average rent in Latham, NY is $1,424 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Latham rent prices are 12% lower than the national average. When you rent an apartment in Latham, you can expect to pay about $1,283 per month for a studio, $1,424 for a one-bedroom apartment, and around $1,780 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,909 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,283/month
513 Sq Ft
One Bedroom
$1,424/month
850 Sq Ft
Two Bedroom
$1,780/month
1,167 Sq Ft
Three Bedroom
$1,909/month
1,318 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,525/month
939 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 Latham, NY?

In the past year, rent has increased by 2.5%, which averages out to $35 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Latham, NY
Last Updated May 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Latham, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
29% $1,001 - $1,500/month
57% $1,501 - $2,000/month
14% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Latham?

Based on current rent prices, Hudson Preserve Residences is the most affordable neighborhood in Latham.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hudson Preserve Residences
$1,776/month
773 Sq Ft

What are the most expensive neighborhoods in Latham?

Based on current rent prices, Hudson Preserve Residences is the most expensive neighborhood in Latham.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hudson Preserve Residences
$1,776/month
773 Sq Ft

Which Latham neighborhoods have the most rentals available?

The neighborhood in Latham with the most apartments available is Hudson Preserve Residences .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hudson Preserve Residences
$1,776/month
773 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Latham is $1,424, you’ll want to make about $4,746 per month or $56,952 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

Latham, NY

201 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Latham, 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

Hudson Preserve Residences

Latham, NY

Hudson Preserve Residences

Latham, 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

  • Troy Average Rent
  • Niskayuna Average Rent

Apartment communities in Latham we think you'll love

Hudson Preserve

Hudson Preserve

2600 Beryl Way,
Latham, NY 12110

1-3 Beds | $1,702 - $2,284

Parkside Apartments at North Colonie

Parkside Apartments at North Colonie

2901 Vermont View Dr,
Watervliet, NY 12189

2 Beds | $1,350 - $1,490

Lake Shore Park Apartments

Lake Shore Park Apartments

23 Lake Shore Dr,
Watervliet, NY 12189

1-3 Beds | $1,420 - $2,563

The Residences at Lexington Hills

The Residences at Lexington Hills

1000 Cherry Hill Rd,
Cohoes, NY 12047

1-2 Beds | $1,725 - $2,700

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United States New York Latham 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity