Saratoga Springs, 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 Saratoga Springs, New York rental market.
Saratoga Springs, New York
Average Apartment Rent
$2,236
Y-o-Y Change in Average
Apartment Rent
0.3%
As of May 2026
Compared to a year ago, Saratoga Springs, New York apartments have recorded a 0.3% rent increase.
Saratoga Springs, New York Average apartment rent trend
Saratoga Springs, New York Average Apartment Rent
Saratoga Springs, New York Apartment rent ranges
At 32.72%, apartments priced $2,000 - $2,500 represent the bulk of Saratoga Springs, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 2.56%.
Saratoga Springs, New York Housing tenure**
Renters take up 43% of Saratoga Springs, New York real estate, occupying a total of 5,509 units, while homeowners live in 7,195 properties.
Median number of rooms of renter-occupied housing units**
3.5
Renter median household income**
$68,143
Average household size of renter-occupied housing units**
1.64
Rental vacancy rate**
6.9%
Saratoga Springs, New York Renter-occupied housing units by no. of bedrooms**
There are 2,577 rentals in Saratoga Springs, New York with 2 beds making up the highest share of the market, at 47%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 32 units. Overall, the median number of rooms in Saratoga Springs, New York homes for rent is 3.5.
Saratoga Springs, New York Renter-occupied units by age of householder**
Most condos for rent in Saratoga Springs, New York are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 45 - 54 years age group (13%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.
Saratoga Springs, New York Renter-occupied housing units by family type**
Saratoga Springs, New York Renter-occupied housing units by the presence of own children**
A total of 1,477 apartments for rent in Saratoga Springs, New York, or 27% of all rentals are family households. Additionally, 11% of rental homes include children under the age of 18 – that’s 613 units. All in all, the median size of a renter-occupied household in Saratoga Springs, New York is 1.64.
Saratoga Springs, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 57% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Saratoga Springs, New York.
Saratoga Springs, New York Renter-occupied units by year structure built**
The highest share of Saratoga Springs, New York apartment rentals, namely 35% or 1,921 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (15%, 845 units), and the ones Built 2010 - 2019 (14%, 784 units).
Saratoga Springs, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Saratoga Springs, 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 Saratoga Springs, New York condos for rent is 2017.
Saratoga Springs, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Saratoga Springs, New York renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 17% have No vehicle available.
Saratoga Springs, New York Means of transportation to work of householders living in renter-occupied housing units**
Saratoga Springs, 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 Saratoga Springs, 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
