Rilassare at Rivers Ledge
2 Rivers Run Dr,
Schenectady, NY 12309
Studio - 2 Beds | $1,200 - $2,515
Rental Market Trends in Schenectady, NY
Updated July 2026
What is the average rent in Schenectady, NY?
$1,261/month
Average Rent
713 Sq Ft
Average Size
+2.5%
Change / Year
441
Available Apartments
Schenectady, NY Rental Market Overview
The average rent in Schenectady, NY is $1,261 per month. This is 24% lower than the national average rent of $1,662/month, making renting in Schenectady more affordable than most cities in the US.
- Studio apartments in Schenectady average $1,043 per month.
- One-bedroom apartments in Schenectady average $1,261 per month.
- Two-bedroom apartments in Schenectady average $1,521 per month.
- Three-bedroom apartments in Schenectady average $2,002 or more per month.
Data Updated: July 1, 2026
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Schenectady, NY?
In the past year, rent has increased by 2.5%, which averages out to $32 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Schenectady, NY
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
19%
$700 - $1,000/month
48%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
11%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Schenectady?
Based on current rent prices, Seward Place is the most affordable neighborhood in Schenectady.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Schenectady?
Based on current rent prices, Seward Place is the most expensive neighborhood in Schenectady.
Neighborhood
Average Rent
Average Sq Ft
Which Schenectady neighborhoods have the most rentals available?
The neighborhood in Schenectady with the most apartments available is Seward Place .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Schenectady, NY?
Because the average rent in Schenectady is $1,261, you’ll want to make about $4,203 per month or $50,436 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.
How does Schenectady, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Schenectady, 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 Schenectady Area GuideStudio
$940/month
$940/month
One Bedroom
$1,363/month
$1,363/month
Two Bedroom
$1,618/month
$1,618/month
Three Bedroom
$2,723/month
$2,723/month
Apartment Communities in Schenectady We Think You'll Love
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Frequently Asked Questions
What is the average rent in Schenectady?
The average rent in Schenectady is $1,261 per month, which is 24.1% lower than the national average of $1,662.
What is the average rent for a house in Schenectady?
The average rent for a house in Schenectady, NY is $2,165 per month.
Are rents going up or down in Schenectady?
Rents in Schenectady, NY are increasing, with prices up 2.5% year-over-year and $32 more per month.
What rent range is most common in Schenectady?
In Schenectady, NY, 48% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.