What is the median rent in the Town of Colonie, NY?

The median gross rent in the Town of Colonie, NY is $1,436 (±$46) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 10,524 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In the Town of Colonie, the median gross rent went from $1,152 in 2015–2019 to $1,436 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,436 (±$46)
Rented homes
10,524 (±759)
$2,000 or more
21.2%
Since 2015–2019
+24.7%

How much rent costs in the Town of Colonie

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentTown of ColonieAlbany CountyNew YorkUnited States
Less than $5001.4% (±0.8 points)6.5%7.8%6.3%
$500 to $99913.9% (±4.8 points)19.8%15.2%20.2%
$1,000 to $1,49941.3% (±4.5 points)37.3%22.2%28.1%
$1,500 to $1,99922.1% (±4.1 points)21.9%19.8%21.1%
$2,000 to $2,49914.1% (±3.1 points)9.7%14.3%12.0%
$2,500 to $2,9994.7% (±1.8 points)2.3%7.6%5.5%
$3,000 or more2.4% (±1.0 points)2.3%13.2%6.8%

The most common range is $1,000 to $1,499, paid by 41.3% of renting households.

21.2% of rented homes in the Town of Colonie cost $2,000 or more a month.

The Town of Colonie against Albany County, its state and the nation

Estimate (90% margin of error)
Town of ColonieAlbany CountyNew YorkUnited States
Median gross rent$1,436 (±$46)$1,313 (±$26)$1,621 (±$7)$1,413
Rented homes paying rent10,524 (±759)57,414 (±1,593)3,406,652 (±12,095)42,849,984

In the Town of Colonie, 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, the Town of Colonie ranks 3 of 13 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 141 of 952.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in the Town of Colonie has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,152 (±$30)$1,436 (±$46)+24.7%No measurable change after inflation
Households that rent31.4% (±1.5 points)31.0% (±1.9 points)−0.4 percentage pointsNot a measurable change
Rental vacancy rate1.7% (±1.3 points)2.1% (±1.7 points)+0.4 percentage pointsNot a measurable change

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.

Median gross rent in places near the Town of Colonie

Nearest places with a published estimate, compared with the Town of Colonie
PlaceDistanceMedian gross rentCompared with this place
Town of Colonie—$1,436 (±$46)—
Village of Colonie2.7 mi$1,570 (±$157)Not measurably different
Watervliet4.2 mi$1,083 (±$60)Lower
Cohoes4.6 mi$1,251 (±$111)Lower
Village of Menands4.6 mi$1,414 (±$50)Not measurably different
Town of Green Island4.8 mi$1,084 (±$94)Lower
Village of Green Island4.8 mi$1,084 (±$94)Lower
Albany5.2 mi$1,216 (±$37)Lower
Troy5.7 mi$1,175 (±$29)Lower

Nearby places with a measurably lower figure: Watervliet, NY ($1,083), Cohoes, NY ($1,251), Town 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

RankPlaceMedian gross rent
1Town of Bethlehem$1,721 (±$81)
2Town of Guilderland$1,564 (±$74)
3Town of Colonie$1,436 (±$46)
4Town of Rensselaerville$1,264 (±$152)
5Cohoes$1,251 (±$111)
6Albany$1,216 (±$37)
7Town of New Scotland$1,127 (±$108)
8Town of Knox$1,125 (±$44)
9Town of Green Island$1,084 (±$94)

Showing 9 of 13 places in Albany County, ranked from highest to lowest.

A New York town includes the villages and hamlets inside it, so the figures for the Town of Colonie include them.

The figures for the Town of Colonie include the places inside it that have pages of their own: Latham, Loudonville, Roessleville, Siena College.

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 Town of Colonie

What is the average rent in the Town of Colonie, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in the Town of Colonie is $1,436 (±$46) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in the Town of Colonie?

In the Town of Colonie, the median gross rent went from $1,152 in 2015–2019 to $1,436 in 2020–2024 (+24.7%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in the Town of Colonie cost more than $2,000 a month?

21.2% of rented homes in the Town of Colonie have a gross rent of $2,000 or more a month, and 1.4% cost less than $500.

Is rent in the Town of Colonie higher than in Albany County?

In the Town of Colonie, 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

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 Colonie town, Albany County, New York (county subdivision:17343, in state:36 county:001).

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.

Request a Census API 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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