Rentometer, Inc. | Data as of 10/22/2025
Binghamton’s metro area offers a diverse rental landscape that balances historic charm with modern convenience. Tenants can choose from a mix of apartments and single‑family homes across thriving neighborhoods such as Downtown, the university‑focused West Side, the family‑friendly Vestal, and the scenic Chenango River district. Proximity to SUNY Binghamton, St. James’ Hospital, and cultural venues like the Broome County Forum adds to the city’s vibrant, student‑and‑professional‑oriented atmosphere.
Apartment rentals in Binghamton are notably affordable, with studio units generally landing in the $1,200 range and median rents around $950. One‑ and two‑bedroom apartments typically sit between the $1,000‑$1,300 brackets, while larger three‑ and four‑plus bedroom units trend toward the $1,300‑$1,400 range, with median prices reflecting a similar upward progression. For those seeking the space and privacy of a house, one‑bedroom homes are priced in the $2,000‑$2,100 range, though many find median rents closer to $1,200. Two‑bedroom houses hover near the $1,150‑$1,200 mark, three‑bedroom properties often reach the $1,800‑$1,900 range, and larger four‑plus bedroom homes can approach the $3,200‑$3,300 level, providing ample options for families and roommates alike.
The city’s rental market is reinforced by easy access to major highways, reliable public transit, and a strong sense of community. Outdoor enthusiasts enjoy nearby parks such as the Recreation Park and the scenic trails along the Susquehanna River, while downtown’s restaurants, shops, and arts scene create a lively urban experience. Whether you’re a student, young professional, or growing family, Binghamton’s balanced mix of affordable apartments and spacious homes makes it an attractive place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,279 | $950 | $575 - $2,684 | $800 - $1,425 |
| Apartment | 1 Bedroom | $1,030 | $950 | $480 - $2,715 | $770 - $1,125 |
| Apartment | 2 Bedroom | $1,258 | $1,147 | $600 - $4,260 | $890 - $1,385 |
| Apartment | 3 Bedroom | $1,352 | $1,309 | $650 - $2,175 | $950 - $1,744 |
| Apartment | 4+ Bedroom | $1,374 | $1,031 | $650 - $3,200 | $775 - $1,999 |
| House | 1 Bedroom | $2,098 | $1,147 | $500 - $5,600 | $1,100 - $5,600 |
| House | 2 Bedroom | $1,156 | $1,150 | $750 - $2,350 | $870 - $1,400 |
| House | 3 Bedroom | $1,832 | $1,900 | $650 - $3,500 | $1,500 - $2,100 |
| House | 4+ Bedroom | $3,252 | $3,200 | $500 - $6,400 | $2,400 - $4,200 |
In the current period, the average rent in Binghamton, NY was $1,728 for Studio, $1,089 for 1 Bedroom, $1,231 for 2 Bedroom, $1,606 for 3 Bedroom, and $2,221 for 4+ Bedroom.
Data provided by Rentometer, Inc.