Hopewell Junction, 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 Hopewell Junction, New York rental market.

Hopewell Junction, 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, Hopewell Junction, New York apartments have recorded a 3.3% rent increase.

Hopewell Junction, 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
Hopewell Junction $2,397 $2,422 $2,434 $2,465 $2,505 $2,529 $2,596 $2,620 $2,627
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Hopewell Junction
National
Jul 2023
$2,397
$1,741
Nov 2023
$2,422
$1,732
Mar 2024
$2,434
$1,736
Jul 2024
$2,465
$1,756
Nov 2024
$2,505
$1,749
Mar 2025
$2,529
$1,755
Jul 2025
$2,596
$1,767
Nov 2025
$2,620
$1,753
Mar 2026
$2,627
$1,750

Hopewell Junction, New York Average Apartment Rent

Hopewell Junction, 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 25.84%, apartments priced Over $3,000 represent the bulk of Hopewell Junction, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.55%.

Hopewell Junction, New York Housing tenure**

Renter occupied housing units 85
Owner occupied housing units 248

Renters take up 26% of Hopewell Junction, New York real estate, occupying a total of 85 units, while homeowners live in 248 properties.

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

4

Renter median household income**

$26,891

Average household size of renter-occupied housing units**

1.49

Hopewell Junction, New York Renter-occupied housing units by no. of bedrooms**

1 bed 9
2 beds 66
3 beds 10

There are 66 rentals in Hopewell Junction, New York with 2 beds making up the highest share of the market, at 78%. Units with 1 bed, on the other hand, hold the lowest percentage (11%), amounting to 9 units. Overall, the median number of rooms in Hopewell Junction, New York homes for rent is 4.

Hopewell Junction, New York Renter-occupied units by age of householder**

25 - 34 years 7
35 - 44 years 9
45 - 54 years 8
55 - 59 years 12
60 - 64 years 2
65 - 74 years 41
75 - 84 years 6

Most condos for rent in Hopewell Junction, New York are occupied by residents in the 65 - 74 years age group (48%), followed by those in the 55 - 59 years age group (14%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Hopewell Junction, New York Renter-occupied housing units by family type**

Family households 30
Non-Family Households 55

Hopewell Junction, New York Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 20
No related children of the householder under 18 65

A total of 30 apartments for rent in Hopewell Junction, New York, or 35% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 20 units. All in all, the median size of a renter-occupied household in Hopewell Junction, New York is 1.49.

Hopewell Junction, New York Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 16
Some college or associate's degree 60
Bachelor's degree or higher 9

In terms of education, renters holding bachelor degrees or higher make up 11% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Hopewell Junction, New York.

Hopewell Junction, New York Renter-occupied units by year structure built**

Built 2010 - 2019 58
Built 1970 - 1979 6
Built 1960 - 1969 10
Built 1950 - 1959 2
Built 1939 or earlier 9

The highest share of Hopewell Junction, New York apartment rentals, namely 68% or 58 units, were Built 2010 - 2019, followed by those Built 1960 - 1969 (12%, 10 units), and the ones Built 1939 or earlier (11%, 9 units).

Hopewell Junction, New York Renter-occupied units by year householder moved in**

Moved in 2021 or later 9
Moved in 2018 to 2020 7
Moved in 2010 to 2017 53
Moved in 1989 or earlier 16

Median year renter moved into unit 2014

Most Hopewell Junction, New York renters (62%) moved in 2010 to 2017, while only 8% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Hopewell Junction, New York condos for rent is 2014.

Hopewell Junction, New York Renter-occupied housing units by vehicles available**

No vehicle available 9
1 vehicle available 68
2 or more vehicles available 8

When it comes to transportation options, 80% of Hopewell Junction, New York renters have 1 vehicle available per household, 11% of them have No vehicle available, and 9% have 2 or more vehicles available.

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

Car, truck, or van - drove alone 20
Car, truck, or van - carpooled 9
Walked 10
Worked at home 9

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

Same house as 1 year ago 127

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 Hopewell Junction, 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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