Middletown, 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 Middletown, New York rental market.

Middletown, New York

Average Apartment Rent

$1,868

Y-o-Y Change in Average
Apartment Rent

3.1%

As of May 2026

Compared to a year ago, Middletown, New York apartments have recorded a 3.1% rent increase.

Middletown, 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
Middletown $1,888 $1,887 $1,761 $1,755 $1,775 $1,802 $1,796 $1,862 $1,863
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Middletown
National
Jul 2023
$1,888
$1,741
Nov 2023
$1,887
$1,732
Mar 2024
$1,761
$1,736
Jul 2024
$1,755
$1,756
Nov 2024
$1,775
$1,749
Mar 2025
$1,802
$1,755
Jul 2025
$1,796
$1,767
Nov 2025
$1,862
$1,753
Mar 2026
$1,863
$1,750

Middletown, New York Average Apartment Rent

Middletown, 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 36.7%, apartments priced $1,500 - $2,000 represent the bulk of Middletown, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 8.34%.

Middletown, New York Housing tenure**

Renter occupied housing units 4,720
Owner occupied housing units 5,391

Renters take up 47% of Middletown, New York real estate, occupying a total of 4,720 units, while homeowners live in 5,391 properties.

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

4.1

Renter median household income**

$48,225

Average household size of renter-occupied housing units**

2.52

Rental vacancy rate**

3.3%

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

No bedrooms 372
1 bed 1,429
2 beds 1,947
3 beds 845
4 beds 127

There are 1,947 rentals in Middletown, New York with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 127 units. Overall, the median number of rooms in Middletown, New York homes for rent is 4.1.

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

15 - 24 years 227
25 - 34 years 1,206
35 - 44 years 853
45 - 54 years 685
55 - 59 years 488
60 - 64 years 349
65 - 74 years 503
75 - 84 years 285
85 years and over 124

Most condos for rent in Middletown, New York are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 2,505
Non-Family Households 2,215

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

With related children of the householder under 18 1,735
No related children of the householder under 18 2,985

A total of 2,505 apartments for rent in Middletown, New York, or 53% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 1,735 units. All in all, the median size of a renter-occupied household in Middletown, New York is 2.52.

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

Less than high school graduate 1,001
High school graduate (including equivalency) 1,371
Some college or associate's degree 1,721
Bachelor's degree or higher 627

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 21% of the homes for rent in Middletown, New York.

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

Built 2020 or later 113
Built 2010 - 2019 440
Built 2000 - 2009 448
Built 1990 - 1999 361
Built 1980 - 1989 419
Built 1970 - 1979 844
Built 1960 - 1969 429
Built 1950 - 1959 317
Built 1940 - 1949 153
Built 1939 or earlier 1,196

The highest share of Middletown, New York apartment rentals, namely 25% or 1,196 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (18%, 844 units), and the ones Built 2000 - 2009 (9%, 448 units).

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

Moved in 2021 or later 496
Moved in 2018 to 2020 1,320
Moved in 2010 to 2017 2,084
Moved in 2000 to 2009 608
Moved in 1990 to 1999 154
Moved in 1989 or earlier 58

Median year renter moved into unit 2016

Most Middletown, New York renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Middletown, New York condos for rent is 2016.

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

No vehicle available 1,161
1 vehicle available 2,235
2 vehicles available 1,124
3 vehicles available 113
4 or more vehicles available 87

When it comes to transportation options, 47% of Middletown, New York renters have 1 vehicle available per household, 25% of them have No vehicle available, and 24% have 2 vehicles available.

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

Car, truck, or van - drove alone 3,644
Car, truck, or van - carpooled 907
Public transportation (excluding taxicab) 256
Walked 213
Taxicab, motorcycle, bicycle, or other means 87
Worked at home 239

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

Same house as 1 year ago 9,539
Moved within same county 1,356
Moved from different county within same state 798
Moved from different state 84

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 Middletown, 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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