Highland Falls, New York Rental Market Trends
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 Highland Falls, New York rental market.
Highland Falls, New York
Average Apartment Rent
$2,628
Y-o-Y Change in Average
Apartment Rent
3.3%
As of May 2026
Compared to a year ago, Highland Falls, New York apartments have recorded a 3.3% rent increase.
Highland Falls, New York Average apartment rent trend
Highland Falls, New York Average Apartment Rent
Highland Falls, New York Apartment rent ranges
At 25.84%, apartments priced Over $3,000 represent the bulk of Highland Falls, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.55%.
Highland Falls, New York Housing tenure**
Renters take up 48% of Highland Falls, New York real estate, occupying a total of 808 units, while homeowners live in 871 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$64,063
Average household size of renter-occupied housing units**
1.99
Rental vacancy rate**
8.3%
Highland Falls, New York Renter-occupied housing units by no. of bedrooms**
There are 335 rentals in Highland Falls, New York with 1 bed making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in Highland Falls, New York homes for rent is 4.1.
Highland Falls, New York Renter-occupied units by age of householder**
Most condos for rent in Highland Falls, New York are occupied by residents in the 45 - 54 years age group (30%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Highland Falls, New York Renter-occupied housing units by family type**
Highland Falls, New York Renter-occupied housing units by the presence of own children**
A total of 268 apartments for rent in Highland Falls, New York, or 33% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 145 units. All in all, the median size of a renter-occupied household in Highland Falls, New York is 1.99.
Highland Falls, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 51% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Highland Falls, New York.
Highland Falls, New York Renter-occupied units by year structure built**
The highest share of Highland Falls, New York apartment rentals, namely 49% or 397 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (18%, 142 units), and the ones Built 1960 - 1969 (12%, 95 units).
Highland Falls, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Highland Falls, New York renters (42%) moved in 2018 to 2020, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Highland Falls, New York condos for rent is 2017.
Highland Falls, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 70% of Highland Falls, New York renters have 1 vehicle available per household, 14% of them have 2 vehicles available, and 7% have No vehicle available.
Highland Falls, New York Means of transportation to work of householders living in renter-occupied housing units**
Highland Falls, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Highland Falls, 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
