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Rental Market Trends in Menands, NY

Updated August 2026

The average rent in Menands, NY is $1,440/month.

Rent in Menands is roughly equal to the national average rent of of $1,663/month.

$1,440/month

Average Rent

709 Sq Ft

Average Size

+4.5%

Change / Year

131

Available Apartments

Menands rent varies by unit size and layout:

  • Studio apartments in Menands average $1,253 per month.
  • One-bedroom apartments in Menands average $1,440 per month.
  • Two-bedroom apartments in Menands average $1,815 per month.
  • Three-bedroom apartments in Menands average $1,987 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,253/month
457 Sq Ft
One Bedroom
$1,440/month
709 Sq Ft
Two Bedroom
$1,815/month
959 Sq Ft
Three Bedroom
$1,987/month
1,229 Sq Ft
View Menands Apartments

How much has average rent changed in Menands, NY?

In the past year, rent has increased by 4.5%, which averages out to $66 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Menands, NY

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Menands, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
56% $1,501 - $2,000/month
11% Above $2,000/month

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

Because the average rent in Menands is $1,440, you’ll want to make about $4,800 per month or $57,600 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

Menands, NY

131 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Menands, 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

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Loudonville

    Loudonville

    Avg Rent: $2,651/month

  • Watervliet

    Watervliet

    Avg Rent: $1,219/month

  • Rensselaer

    Rensselaer

    Avg Rent: $1,633/month

  • Green Island

    Green Island

    Avg Rent: $1,725/month

  • Albany

    Albany

    Avg Rent: $1,574/month

  • Troy

    Troy

    Avg Rent: $1,462/month

Apartment Communities in Menands We Think You'll Love

Albany Lofts at One Broadway

Albany Lofts at One Broadway

1 Broadway,
Menands, NY 12204

Studio - 3 Beds | $1,999 - $3,150

Village One Apartments

Village One Apartments

587 Broadway,
Menands, NY 12204

1-2 Beds | $1,325 - $1,640

Dutch Village Apartments

Dutch Village Apartments

195 Van Rensselaer Blvd,
Menands, NY 12204

1-2 Beds | $1,555 - $2,295

Park Hill Lane Apartments

Park Hill Lane Apartments

7 Park Ln E,
Menands, NY 12204

1-3 Beds | $1,220 - $2,180

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Guides for Managing Your Rental

How To Run a Rental Property Cash Flow Analysis

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A Landlord’s Guide to Rental Property Accounting

Simplify bookkeeping and keep deductions organized.

Rental Property Depreciation: What It Means for Your Taxes as a Landlord

Claim depreciation the right way at tax time.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Menands?

The average rent in Menands is $1,440 per month, which is 13.4% lower than the national average of $1,663.

Are rents going up or down in Menands?

Rents in Menands, NY are increasing, with prices up 4.5% year-over-year and $66 more per month.

What rent range is most common in Menands?

In Menands, NY, 56% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States New York Menands 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