Rentometer, Inc. | Data as of 10/22/2025
Binghamton, New York offers a diverse rental landscape that appeals to students, professionals, and families alike. The city’s vibrant downtown, anchored by the historic Susquehanna Riverfront and the bustling Main Street district, provides easy access to cultural venues, dining, and the renowned Binghamton University campus. Neighborhoods such as Hawthorne and the Westside blend tree‑lined streets with convenient transit options, making them popular choices for renters seeking a balanced urban lifestyle.
Apartment options in Binghamton range from efficient studios with average rents in the $970s to spacious four‑plus bedroom units hovering around the $1,350 range, while median prices often sit slightly lower, reflecting an affordable market for newcomers. One‑bedroom apartments typically see median rents near $850, and two‑bedroom units average around $1,200, offering flexibility for varied budgets. For those preferring single‑family homes, the market includes everything from modest one‑bedroom houses with average rents in the $2,400s to expansive four‑plus bedroom homes approaching the $3,300 range, providing ample space for growing families.
Beyond pricing, Binghamton’s rental market is supported by a strong community feel and ample amenities. Proximity to the Chenango Riverwalk, the Roberson Museum, and numerous parks enhances the appeal of both apartments and houses. Whether you’re drawn to the lively energy of downtown or the quieter charm of residential districts, Binghamton’s rental offerings deliver a welcoming environment with abundant options for every lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $974 | $950 | $575 - $1,399 | $575 - $1,399 |
| Apartment | 1 Bedroom | $1,000 | $850 | $480 - $2,100 | $700 - $1,200 |
| Apartment | 2 Bedroom | $1,198 | $965 | $670 - $2,500 | $799 - $1,360 |
| Apartment | 3 Bedroom | $1,281 | $1,079 | $650 - $2,175 | $890 - $1,744 |
| Apartment | 4+ Bedroom | $1,354 | $1,020 | $650 - $3,200 | $750 - $1,999 |
| House | 1 Bedroom | $2,431 | $1,195 | $500 - $5,600 | $500 - $5,600 |
| House | 2 Bedroom | $1,183 | $1,200 | $770 - $2,350 | $880 - $1,400 |
| House | 3 Bedroom | $1,771 | $1,950 | $650 - $3,500 | $1,300 - $2,150 |
| House | 4+ Bedroom | $3,335 | $3,345 | $500 - $6,400 | $2,700 - $4,200 |
In the current period, the average rent in Binghamton was $2,085 for Studio, $1,123 for 1 Bedroom, $1,193 for 2 Bedroom, $1,585 for 3 Bedroom, and $2,285 for 4+ Bedroom.
Data provided by Rentometer, Inc.