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Rental Market Trends in Waterford, NY

Updated August 2026

The average rent in Waterford, NY is $1,304/month.

Rent in Waterford is 22% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,304/month

Average Rent

760 Sq Ft

Average Size

+7.3%

Change / Year

14

Available Apartments

Waterford rent varies by unit size and layout:

  • Studio apartments in Waterford average $448 per month.
  • One-bedroom apartments in Waterford average $1,304 per month.
  • Two-bedroom apartments in Waterford average $1,434 per month.
  • Three-bedroom apartments in Waterford average $1,940 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$448/month
0 Sq Ft
One Bedroom
$1,304/month
760 Sq Ft
Two Bedroom
$1,434/month
971 Sq Ft
Three Bedroom
$1,940/month
1,196 Sq Ft
View Waterford Apartments

How much has average rent changed in Waterford, NY?

In the past year, rent has increased by 7.3%, which averages out to $96 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Waterford, NY

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Waterford, NY
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
0% $1,001 - $1,500/month
75% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Waterford is $1,304, you’ll want to make about $4,346 per month or $52,152 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

Waterford, NY

14 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Waterford, 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.

  • Cohoes

    Cohoes

    Avg Rent: $1,712/month

  • Green Island

    Green Island

    Avg Rent: $1,725/month

  • Troy

    Troy

    Avg Rent: $1,462/month

  • Halfmoon

    Halfmoon

    Avg Rent: $2,329/month

  • Watervliet

    Watervliet

    Avg Rent: $1,219/month

  • Brunswick

    Brunswick

    Avg Rent: $1,546/month

  • Latham

    Latham

    Avg Rent: $1,470/month

Apartment Communities in Waterford We Think You'll Love

Strawberry Ridge Apartments

Strawberry Ridge Apartments

1 Strawberry Pl,
Waterford, NY 12188

3 Beds | $2,070

Maplewood Estates

Maplewood Estates

5201-5210 Plank Rd,
Waterford, NY 12188

2-3 Beds | $1,765 - $2,020

8 Division St

8 Division St

8 Division St,
Waterford, NY 12188

3 Beds | $2,250

15 Harvest Way

15 Harvest Way

15 Harvest Way,
Waterford, NY 12188

2 Beds | $1,600

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Frequently Asked Questions

What is the average rent in Waterford?

The average rent in Waterford is $1,304 per month, which is 21.6% lower than the national average of $1,663.

Are rents going up or down in Waterford?

Rents in Waterford, NY are increasing, with prices up 7.3% year-over-year and $96 more per month.

What rent range is most common in Waterford?

In Waterford, NY, 75% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States New York Waterford 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