Rentometer, Inc. | Data as of 10/22/2025
Latham, a vibrant community in the heart of New York’s Capital District, offers a balanced blend of suburban charm and convenient city access. Situated just a short drive from downtown Albany, the area benefits from excellent commuter rail connections, major highways, and a variety of local amenities. Residents enjoy well‑maintained neighborhoods, reputable schools, and a family‑friendly atmosphere that attracts both young professionals and growing families looking for a peaceful yet connected place to call home.
The rental market in Latham reflects this appeal, presenting a range of housing options that cater to diverse needs. One‑bedroom apartments typically sit in the $1600s, with averages around $1620 and median rents close to $1607, making them ideal for individuals or couples. Two‑bedroom units command a higher price point, often found in the $2000 range, with average rents near $2040 and median values around $2216, providing comfortable space for small families or roommates. For those seeking more space, three‑bedroom houses are available with averages in the $2500 range and median rents approaching $2500, offering a suburban feel with the convenience of nearby urban amenities.
Latham’s neighborhoods are anchored by key attractions such as the historic Latham Square, the scenic Delleker Park, and a bustling shopping corridor along Latham Road that hosts a variety of dining, retail, and service options. Proximity to top‑rated school districts, medical facilities, and cultural venues further enhances the quality of life, making Latham a desirable destination for renters seeking a well‑rounded, vibrant community in New York State.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,620 | $1,607 | $1,065 - $2,029 | $1,445 - $1,904 |
| Apartment | 2 Bedroom | $2,039 | $2,216 | $1,325 - $2,600 | $1,630 - $2,331 |
| House | 3 Bedroom | $2,462 | $2,475 | $2,300 - $2,600 | $2,450 - $2,600 |
In the current period, the average rent in Latham was
$1,621 for 1 Bedroom,
$2,039 for 2 Bedroom, and
$2,547 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.