Rentometer, Inc. | Data as of 10/22/2025
Schenectady’s rental market offers a diverse mix of historic charm and modern convenience, making it an attractive option for professionals, students, and families alike. Downtown’s revitalized Riverfront Park and the vibrant Stockade Historic District provide easy access to cafés, boutique shops, and cultural venues such as Proctors Theatre. Proximity to Union College, the Schenectady County Courthouse, and the scenic Erie Canal ensures that renters enjoy both academic and recreational opportunities within walking distance. The city’s reliable public transit and major highway connections also make commuting to Albany and the Capital Region straightforward.
Apartment rentals in Schenectady span from affordable studios in the low $1300s to spacious three‑ and four‑plus‑bedroom units that typically command prices in the $1600‑$2000 range. One‑bedroom apartments are commonly found in the $1400‑$1500 bracket, while two‑bedroom options often sit around the $1800 mark. For those seeking a standalone residence, one‑bedroom houses are generally priced in the $1200‑$1300 range, with three‑bedroom homes averaging near $1800 and larger family homes reaching the $2200‑$2500 spectrum. These varied options, combined with Schenectady’s rich history, vibrant neighborhoods like Mont Pleasant and Pine Grove, and an active community calendar, create a welcoming environment for renters looking for quality living at competitive rates.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,325 | $1,195 | $805 - $1,860 | $810 - $1,791 |
| Apartment | 1 Bedroom | $1,467 | $1,377 | $700 - $2,985 | $1,190 - $1,800 |
| Apartment | 2 Bedroom | $1,816 | $1,809 | $957 - $3,175 | $1,359 - $2,185 |
| Apartment | 3 Bedroom | $1,690 | $1,600 | $1,400 - $1,995 | $1,500 - $1,990 |
| Apartment | 4+ Bedroom | $1,850 | $2,000 | $1,550 - $2,000 | $1,550 - $2,000 |
| House | 1 Bedroom | $1,253 | $1,225 | $950 - $1,695 | $1,075 - $1,425 |
| House | 2 Bedroom | $1,612 | $1,600 | $1,150 - $2,400 | $1,325 - $1,800 |
| House | 3 Bedroom | $1,861 | $1,800 | $990 - $3,195 | $1,450 - $2,200 |
| House | 4+ Bedroom | $2,299 | $2,400 | $1,550 - $2,894 | $2,200 - $2,750 |
In the current period, the average rent in Schenectady was $1,255 for Studio, $1,431 for 1 Bedroom, $1,748 for 2 Bedroom, $1,818 for 3 Bedroom, and $2,177 for 4+ Bedroom.
Data provided by Rentometer, Inc.