Rochester, New York is a vibrant city with a strong rental market. The city is located on the southern shore of Lake Ontario and is home to the University of Rochester, Rochester Institute of Technology, and Monroe Community College. With its diverse population and strong cultural roots, Rochester has become a popular destination for renters, offering a variety of rental options.
The rental market in Rochester is fairly diverse and includes everything from single family homes and condos to multi-family dwellings and apartments. The average rent for a one-bedroom apartment in Rochester is around $1,000 per month, while two-bedroom apartments tend to run closer to $1,200. Rent for larger apartments and homes can range from $1,500 to $2,500 or more. Prices are generally higher in the downtown area and near the University of Rochester.
The most desirable neighborhoods in Rochester are Brighton, Park Avenue, and the South Wedge. Brighton is known for its tree-lined streets, historic homes, and quaint shops, while Park Avenue is home to a variety of restaurants, bars, and galleries. The South Wedge is a vibrant area with a diverse population and a strong sense of community. All three neighborhoods offer plenty of rental options and are within easy
The average rental prices for an apartment, townhouse, condo, loft, and single family home in Rochester, NY are as follows:
Apartment: $1,225
Townhouse: $1,050
Condo: $1,275
Loft: $1,400
Single Family Home: $1,450
Rental prices in Rochester, NY have been steadily increasing over the past 5 years. According to data from rentcafe.com, the average rental price for a one-bedroom apartment in Rochester in 2016 was $815, and in 2021 the average price is $1,063, an increase of $248 or 30.3%. Two-bedroom apartments have seen a similar increase, with the average price in 2016 being $1,001 and in 2021 the average rental price being $1,343, an increase of $342 or 34.1%.
The median rental price for 1-bedroom apartments in Rochester, NY is $850 per month. The median rental price for 2-bedroom apartments in Rochester, NY is $1,050 per month. The median rental price for 3-bedroom apartments in Rochester, NY is $1,250 per month.
Rochester's school district is larger than the national average, with a total enrollment of over 35,000 students in the 2020-2021 school year. Rochester has one of the highest graduation rates in the country, as well as a higher than average number of students attending college after graduation. Rochester also spends more per pupil than the national average. Additionally, Rochester has one of the highest percentages of minority students in the country, with over 70% of students identifying as non-white.
1. Park Avenue
2. South Wedge
3. Corn Hill
4. East End
5. Upper Monroe
1. Park Avenue
2. Browncroft
3. Corn Hill
4. Highland Park
5. Brighton-Henrietta