What percentage of people rent in Rensselaer, NY?
56.7% (±5.9 points) of the occupied homes in Rensselaer, NY are rented (2020–2024 American Community Survey).
That is 2,428 renting households against 1,853 that own their home.
In Rensselaer, the share of households that rent went from 57.6% in 2015–2019 to 56.7% in 2020–2024 (−0.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 56.7% (±5.9 points)
- Renting households
- 2,428 (±343)
- Median renter income
- $54,146 (±$13,293)
Who rents and who owns in Rensselaer
| Rensselaer | Rensselaer County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 56.7% (±5.9 points) | 35.2% (±1.2 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 2,428 (±343) | 23,496 (±831) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 1,853 (±247) | 43,190 (±854) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.5 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $54,146 (±$13,293) | $48,621 (±$5,500) | $57,803 (±$395) | $52,966 |
| Median owner household income | $96,576 (±$22,826) | $110,934 (±$4,224) | $114,563 (±$568) | $100,009 |
In Rensselaer, the renter share is higher than in Rensselaer County (35.2%).
It is also higher than in New York (45.7%).
It is higher than the national figure (34.8%).
In Rensselaer County, Rensselaer ranks 2 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 22 of 1,004.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Rensselaer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 57.6% (±4.4 points) | 56.7% (±5.9 points) | −0.9 percentage points | Not a measurable change |
| Median gross rent | $965 (±$74) | $1,219 (±$117) | +26.3% | No measurable change after inflation |
| Median household income | $55,912 (±$5,298) | $70,080 (±$8,662) | +25.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Rensselaer
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rensselaer | — | 56.7% (±5.9 points) | — |
| Hampton Manor | 1.7 mi | 16.4% (±5.6 points) | Lower |
| Village of Menands | 3.2 mi | 68.7% (±7.0 points) | Higher |
| Town of East Greenbush | 3.3 mi | 24.9% (±3.5 points) | Lower |
| Albany | 3.6 mi | 61.8% (±2.0 points) | Not measurably different |
| Town of North Greenbush | 3.7 mi | 25.5% (±4.4 points) | Lower |
| East Greenbush (community) | 3.8 mi | 35.7% (±5.4 points) | Lower |
| Loudonville | 4.7 mi | 5.1% (±2.3 points) | Lower |
| Roessleville | 4.8 mi | 29.3% (±5.7 points) | Lower |
Nearby places with a measurably lower figure: Hampton Manor, NY (16.4%), Town of East Greenbush, NY (24.9%), Town of North Greenbush, NY (25.5%).
Nearby places with a measurably higher figure: Village of Menands, NY (68.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Rensselaer County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Troy | 62.6% (±2.3 points) |
| 2 | Rensselaer | 56.7% (±5.9 points) |
| 3 | Town of Hoosick | 25.9% (±7.1 points) |
| 4 | Town of North Greenbush | 25.5% (±4.4 points) |
| 5 | Town of East Greenbush | 24.9% (±3.5 points) |
| 6 | Town of Nassau | 24.3% (±7.0 points) |
| 7 | Town of Brunswick | 21.1% (±3.5 points) |
| 8 | Town of Berlin | 20.0% (±5.4 points) |
Showing 8 of 16 places in Rensselaer County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Rensselaer
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Rensselaer, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Rensselaer beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Rensselaer, and send estimates and invoices from your phone.
Questions about Rensselaer
How many renters are there in Rensselaer?
Rensselaer has an estimated 2,428 (±343) renting households, 56.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Rensselaer?
In Rensselaer, the share of households that rent went from 57.6% in 2015–2019 to 56.7% in 2020–2024 (−0.9 percentage points), not a measurable change.
How big are renting households in Rensselaer?
A renting household in Rensselaer has 2.0 people on average, against 2.4 in an owned home.
How much do renters earn in Rensselaer?
The median renting household in Rensselaer, NY has an income of $54,146 (±$13,293) a year, against $96,576 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rensselaer city, Rensselaer County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rensselaer city, Rensselaer County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rensselaer city, Rensselaer County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rensselaer city, Rensselaer County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rensselaer city, Rensselaer County, 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) and detailed tables (acs/acs5) for Rensselaer city, Rensselaer County, New York (county subdivision:61148, in state:36 county:083).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Rensselaer at a glance
- Median rent in Rensselaer
- Rent by bedrooms in Rensselaer
- Rent burden in Rensselaer
- Income and affordability in Rensselaer
- Home values in Rensselaer
- Homeowner costs in Rensselaer
- Property taxes in Rensselaer
- Types of homes in Rensselaer
- Bedrooms in Rensselaer
- Age of homes in Rensselaer
- Vacancy rate in Rensselaer
- Heating fuel in Rensselaer
- Commute and cars in Rensselaer
- Crime reported to police in Rensselaer
- Population growth in Rensselaer
- How long people stay in Rensselaer
- Crowding and facilities in Rensselaer
- New York landlord and tenant rules
- Housing across Rensselaer County
- New York places ranked by share of renters
- Housing data for every place in New York