GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Rochester Ny

The average rent in Rochester, NY is around $1,000 per month for a one-bedroom apartment.

With sources from: zumper.com, census.gov, downtownrochestermn.com, realtor.com and many more

Statistic 1

The average rent for apartments with utilities included in Rochester, NY is $1,300 per month.

Statistic 2

Between 2017 and 2020, the average rent in Rochester, NY increased by 12%.

Statistic 3

The average rent for a 1-bedroom apartment located in a suburban area of Rochester is $900 per month.

Statistic 4

In the downtown area of Rochester, the average rent for a 1-bedroom apartment is $1,200 per month.

Statistic 5

Rochester’s South Wedge neighborhood has seen a 6% increase in average rent over the past year.

Statistic 6

The average rent for pet-friendly apartments in Rochester, NY is $1,100 per month.

Statistic 7

As of 2023, the vacancy rate for rental properties in Rochester, NY stands at 4%.

Statistic 8

The average rent for a studio apartment in Rochester, NY is approximately $850 per month.

Statistic 9

Approximately 60% of apartments in Rochester, NY are renter-occupied.

Statistic 10

The average monthly rent for a luxury apartment in Rochester, NY is $2,000.

Statistic 11

The median rent for all apartment types in Rochester, NY is $1,100 per month.

Statistic 12

The average rent for apartments near University of Rochester is about $1,250 per month.

Statistic 13

The average rent for furnished apartments in Rochester, NY is $1,350 per month.

Statistic 14

The highest average rent in Rochester, NY is found in the Park Avenue neighborhood.

Statistic 15

The average rent for senior living apartments in Rochester, NY is $2,200 per month.

Statistic 16

The average rent for a 1-bedroom apartment in Rochester, NY is $950 per month.

Statistic 17

The average rent for a 2-bedroom apartment in Rochester, NY is $1,200 per month.

Statistic 18

The average rent for a 3-bedroom apartment in Rochester, NY is $1,500 per month.

Statistic 19

Over the past year, average rent in Rochester, NY has increased by 5%.

Statistic 20

The average rent for a 4-bedroom house in Rochester, NY is $1,800 per month.

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In this post, we will explore a comprehensive overview of the average rent landscape in Rochester, NY. From the varying costs in different neighborhoods to specific apartment types and amenities, these statistics paint a detailed picture of the rental market in this bustling city. Whether you’re considering a move to Rochester or are simply curious about the current rental prices, our analysis of key data points will provide valuable insights into the average rent trends in the area.

Statistic 1

"The average rent for apartments with utilities included in Rochester, NY is $1,300 per month."

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Statistic 2

"Between 2017 and 2020, the average rent in Rochester, NY increased by 12%."

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Statistic 3

"The average rent for a 1-bedroom apartment located in a suburban area of Rochester is $900 per month."

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Statistic 4

"In the downtown area of Rochester, the average rent for a 1-bedroom apartment is $1,200 per month."

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Statistic 5

"Rochester’s South Wedge neighborhood has seen a 6% increase in average rent over the past year."

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Statistic 6

"The average rent for pet-friendly apartments in Rochester, NY is $1,100 per month."

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Statistic 7

"As of 2023, the vacancy rate for rental properties in Rochester, NY stands at 4%."

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Statistic 8

"The average rent for a studio apartment in Rochester, NY is approximately $850 per month."

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Statistic 9

"Approximately 60% of apartments in Rochester, NY are renter-occupied."

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Statistic 10

"The average monthly rent for a luxury apartment in Rochester, NY is $2,000."

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Statistic 11

"The median rent for all apartment types in Rochester, NY is $1,100 per month."

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Statistic 12

"The average rent for apartments near University of Rochester is about $1,250 per month."

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Statistic 13

"The average rent for furnished apartments in Rochester, NY is $1,350 per month."

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Statistic 14

"The highest average rent in Rochester, NY is found in the Park Avenue neighborhood."

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Statistic 15

"The average rent for senior living apartments in Rochester, NY is $2,200 per month."

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Statistic 16

"The average rent for a 1-bedroom apartment in Rochester, NY is $950 per month."

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Statistic 17

"The average rent for a 2-bedroom apartment in Rochester, NY is $1,200 per month."

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Statistic 18

"The average rent for a 3-bedroom apartment in Rochester, NY is $1,500 per month."

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Statistic 19

"Over the past year, average rent in Rochester, NY has increased by 5%."

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Statistic 20

"The average rent for a 4-bedroom house in Rochester, NY is $1,800 per month."

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Interpretation

In conclusion, the statistics on average rent in Rochester, NY paint a diverse picture of the rental market in the city. Over the past few years, there has been a noticeable upward trend in rents across different types of properties, with suburban areas generally offering lower rents compared to downtown locations. The increasing rental rates, especially for luxury and senior living accommodations, indicate a growing demand for upscale housing options in Rochester. It is also interesting to note that pet-friendly apartments command a slightly higher rent on average, reflecting the preferences of renters who own pets. Overall, the data suggest a dynamic rental landscape in Rochester, with varying rental prices based on location, amenities, and property types.

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