Wappingers 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 Wappingers Falls, New York rental market.
Wappingers 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, Wappingers Falls, New York apartments have recorded a 3.3% rent increase.
Wappingers Falls, New York Average apartment rent trend
Wappingers Falls, New York Average Apartment Rent
Wappingers Falls, New York Apartment rent ranges
At 25.84%, apartments priced Over $3,000 represent the bulk of Wappingers Falls, New York rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.55%.
Wappingers Falls, New York Housing tenure**
Renters take up 69% of Wappingers Falls, New York real estate, occupying a total of 1,725 units, while homeowners live in 790 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$53,640
Average household size of renter-occupied housing units**
1.97
Rental vacancy rate**
2.8%
Wappingers Falls, New York Renter-occupied housing units by no. of bedrooms**
There are 736 rentals in Wappingers Falls, New York with 2 beds making up the highest share of the market, at 43%. Units with No bedrooms, on the other hand, hold the lowest percentage (8%), amounting to 130 units. Overall, the median number of rooms in Wappingers Falls, New York homes for rent is 3.8.
Wappingers Falls, New York Renter-occupied units by age of householder**
Most condos for rent in Wappingers Falls, New York are occupied by residents in the 45 - 54 years age group (31%), followed by those in the 65 - 74 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Wappingers Falls, New York Renter-occupied housing units by family type**
Wappingers Falls, New York Renter-occupied housing units by the presence of own children**
A total of 687 apartments for rent in Wappingers Falls, New York, or 40% of all rentals are family households. Additionally, 14% of rental homes include children under the age of 18 – that’s 246 units. All in all, the median size of a renter-occupied household in Wappingers Falls, New York is 1.97.
Wappingers Falls, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Wappingers Falls, New York.
Wappingers Falls, New York Renter-occupied units by year structure built**
The highest share of Wappingers Falls, New York apartment rentals, namely 19% or 330 units, were Built 1939 or earlier, followed by those Built 1960 - 1969 (17%, 290 units), and the ones Built 1990 - 1999 (12%, 199 units).
Wappingers Falls, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Wappingers Falls, New York renters (47%) moved in 2010 to 2017, while only 5% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Wappingers Falls, New York condos for rent is 2014.
Wappingers Falls, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Wappingers Falls, New York renters have 1 vehicle available per household, 20% of them have 2 vehicles available, and 15% have No vehicle available.
Wappingers Falls, New York Means of transportation to work of householders living in renter-occupied housing units**
Wappingers 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 Wappingers 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
