Colonie Town, New York Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Colonie Town, New York rental market.

Colonie Town, New York

Average Apartment Rent

$1,680

Y-o-Y Change in Average
Apartment Rent

4.8%

As of May 2026

Compared to a year ago, Colonie Town, New York apartments have recorded a 4.8% rent increase.

Colonie Town, New York Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Colonie $1,441 $1,463 $1,508 $1,544 $1,558 $1,597 $1,617 $1,646 $1,664
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Colonie
National
Jul 2023
$1,441
$1,741
Nov 2023
$1,463
$1,732
Mar 2024
$1,508
$1,736
Jul 2024
$1,544
$1,756
Nov 2024
$1,558
$1,749
Mar 2025
$1,597
$1,755
Jul 2025
$1,617
$1,767
Nov 2025
$1,646
$1,753
Mar 2026
$1,664
$1,750

Colonie Town, New York Average Apartment Rent

Colonie Town, New York Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 44.63%, apartments priced $1,500 - $2,000 represent the bulk of Colonie Town, New York rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.43%.

Colonie Town, New York Housing tenure**

Renter occupied housing units 494
Owner occupied housing units 2,564

Renters take up 16% of Colonie Town, New York real estate, occupying a total of 494 units, while homeowners live in 2,564 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$100,455

Average household size of renter-occupied housing units**

1.99

Colonie Town, New York Renter-occupied housing units by no. of bedrooms**

1 bed 160
2 beds 231
3 beds 74
4 beds 29

There are 231 rentals in Colonie Town, New York with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 29 units. Overall, the median number of rooms in Colonie Town, New York homes for rent is 4.2.

Colonie Town, New York Renter-occupied units by age of householder**

15 - 24 years 5
25 - 34 years 96
35 - 44 years 43
45 - 54 years 221
55 - 59 years 6
60 - 64 years 21
65 - 74 years 70
75 - 84 years 15
85 years and over 17

Most condos for rent in Colonie Town, New York are occupied by residents in the 45 - 54 years age group (45%), followed by those in the 25 - 34 years age group (19%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

Colonie Town, New York Renter-occupied housing units by family type**

Family households 232
Non-Family Households 262

Colonie Town, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 93
No related children of the householder under 18 401

A total of 232 apartments for rent in Colonie Town, New York, or 47% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 93 units. All in all, the median size of a renter-occupied household in Colonie Town, New York is 1.99.

Colonie Town, New York Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 109
Some college or associate's degree 169
Bachelor's degree or higher 216

In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Colonie Town, New York.

Colonie Town, New York Renter-occupied units by year structure built**

Built 2010 - 2019 74
Built 2000 - 2009 89
Built 1990 - 1999 89
Built 1980 - 1989 83
Built 1970 - 1979 59
Built 1960 - 1969 56
Built 1950 - 1959 39
Built 1939 or earlier 5

The highest share of Colonie Town, New York apartment rentals, namely 18% or 89 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (18%, 89 units), and the ones Built 1980 - 1989 (17%, 83 units).

Colonie Town, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 18
Moved in 2018 to 2020 185
Moved in 2010 to 2017 214
Moved in 2000 to 2009 37
Moved in 1990 to 1999 34
Moved in 1989 or earlier 6

Median year renter moved into unit 2016

Most Colonie Town, New York renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Colonie Town, New York condos for rent is 2016.

Colonie Town, New York Renter-occupied housing units by vehicles available**

No vehicle available 37
1 vehicle available 348
2 vehicles available 104
3 or more vehicles available 5

When it comes to transportation options, 70% of Colonie Town, New York renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 7% have No vehicle available.

Colonie Town, New York Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 331
Car, truck, or van - carpooled 13
Public transportation (excluding taxicab) 15
Taxicab, motorcycle, bicycle, or other means 20
Worked at home 263

Colonie Town, New York Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 789
Moved within same county 62
Moved from different county within same state 105

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Colonie Town, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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