What is the median rent in Latham, NY?
The median gross rent in Latham, NY is $1,472 (±$97) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,149 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
Figures last updated on .
- Median gross rent
- $1,472 (±$97)
- Rented homes
- 2,149 (±362)
- $2,000 or more
- 23.8%
How much rent costs in Latham
| Monthly gross rent | Latham | Albany County | New York | United States |
|---|---|---|---|---|
| Less than $500 | 0.4% (±0.6 points) | 6.5% | 7.8% | 6.3% |
| $500 to $999 | 3.8% (±2.5 points) | 19.8% | 15.2% | 20.2% |
| $1,000 to $1,499 | 49.7% (±10.8 points) | 37.3% | 22.2% | 28.1% |
| $1,500 to $1,999 | 22.4% (±9.7 points) | 21.9% | 19.8% | 21.1% |
| $2,000 to $2,499 | 19.5% (±7.3 points) | 9.7% | 14.3% | 12.0% |
| $2,500 to $2,999 | 1.1% (±1.3 points) | 2.3% | 7.6% | 5.5% |
| $3,000 or more | 3.2% (±3.1 points) | 2.3% | 13.2% | 6.8% |
The most common range is $1,000 to $1,499, paid by 49.7% of renting households.
23.8% of rented homes in Latham cost $2,000 or more a month.
Latham against Albany County, its state and the nation
| Latham | Albany County | New York | United States | |
|---|---|---|---|---|
| Median gross rent | $1,472 (±$97) | $1,313 (±$26) | $1,621 (±$7) | $1,413 |
| Rented homes paying rent | 2,149 (±362) | 57,414 (±1,593) | 3,406,652 (±12,095) | 42,849,984 |
In Latham, median gross rent is higher than in Albany County ($1,313).
It is also lower than in New York ($1,621).
It is not measurably different from the national figure ($1,413).
In Albany County, Latham ranks 3 of 4 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 240 of 349.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median gross rent in places near Latham
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Latham | — | $1,472 (±$97) | — |
| Loudonville | 2.3 mi | $1,829 (±$399) | Not measurably different |
| Watervliet | 2.5 mi | $1,083 (±$60) | Lower |
| Town of Green Island | 3.0 mi | $1,084 (±$94) | Lower |
| Village of Green Island | 3.0 mi | $1,084 (±$94) | Lower |
| Cohoes | 3.0 mi | $1,251 (±$111) | Lower |
| Village of Menands | 3.7 mi | $1,414 (±$50) | Not measurably different |
| Troy | 3.8 mi | $1,175 (±$29) | Lower |
| Roessleville | 3.9 mi | $1,416 (±$58) | Not measurably different |
Nearby places with a measurably lower figure: Watervliet, NY ($1,083), Town of Green Island, NY ($1,084), Village of Green Island, NY ($1,084).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Albany County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Loudonville | $1,829 (±$399) |
| 2 | Westmere | $1,629 (±$120) |
| 3 | Latham | $1,472 (±$97) |
| 4 | Roessleville | $1,416 (±$58) |
Latham is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Colonie, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Latham
What is the average rent in Latham, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in Latham is $1,472 (±$97) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How many rentals in Latham cost more than $2,000 a month?
23.8% of rented homes in Latham have a gross rent of $2,000 or more a month, and 0.4% cost less than $500.
Is rent in Latham higher than in Albany County?
In Latham, median gross rent is higher than in Albany County ($1,313).
It is also lower than in New York ($1,621).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Latham CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Latham CDP, New York (place:41399, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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