What is the median rent in the Town of Otego, NY?
The median gross rent in the Town of Otego, NY is $965 (±$170) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 240 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In the Town of Otego, the median gross rent went from $676 in 2015–2019 to $965 in 2020–2024 (+42.8%).
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
- $965 (±$170)
- Rented homes
- 240 (±116)
- $2,000 or more
- 3.3%
- Since 2015–2019
- +42.8%
How much rent costs in the Town of Otego
| Monthly gross rent | Town of Otego | Otsego County | New York | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±16.2 points) | 7.0% | 7.8% | 6.3% |
| $500 to $999 | 55.8% (±20.6 points) | 44.6% | 15.2% | 20.2% |
| $1,000 to $1,499 | 37.1% (±20.2 points) | 38.0% | 22.2% | 28.1% |
| $1,500 to $1,999 | 3.8% (±5.5 points) | 7.4% | 19.8% | 21.1% |
| $2,000 to $2,499 | 3.3% (±4.8 points) | 1.7% | 14.3% | 12.0% |
| $2,500 to $2,999 | 0.0% (±16.2 points) | 0.2% | 7.6% | 5.5% |
| $3,000 or more | 0.0% (±16.2 points) | 1.1% | 13.2% | 6.8% |
The most common range is $500 to $999, paid by 55.8% of renting households.
3.3% of rented homes in the Town of Otego cost $2,000 or more a month.
The Town of Otego against Otsego County, its state and the nation
| Town of Otego | Otsego County | New York | United States | |
|---|---|---|---|---|
| Median gross rent | $965 (±$170) | $987 (±$42) | $1,621 (±$7) | $1,413 |
| Rented homes paying rent | 240 (±116) | 5,788 (±511) | 3,406,652 (±12,095) | 42,849,984 |
In the Town of Otego, median gross rent is not measurably different from Otsego County ($987).
It is also lower than in New York ($1,621).
It is lower than the national figure ($1,413).
In Otsego County, the Town of Otego ranks 12 of 23 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 501 of 952.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in the Town of Otego has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $676 (±$166) | $965 (±$170) | +42.8% | No measurable change after inflation |
| Households that rent | 29.6% (±7.4 points) | 22.4% (±9.0 points) | −7.2 percentage points | Not a measurable change |
| Rental vacancy rate | 20.8% (±16.1 points) | 7.4% (±8.7 points) | −13.4 percentage points | Not 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 Otego
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Town of Otego | — | $965 (±$170) | — |
| Village of Otego | 4.4 mi | $956 (±$34) | Not measurably different |
| Town of Oneonta | 5.2 mi | $953 (±$171) | Not measurably different |
| West End | 5.3 mi | $1,157 (±$315) | Not measurably different |
| Oneonta | 6.4 mi | $1,021 (±$66) | Not measurably different |
| Town of Butternuts | 6.6 mi | $1,159 (±$229) | Not measurably different |
| Town of Laurens | 6.7 mi | $1,134 (±$250) | Not measurably different |
| Village of Gilbertsville | 6.7 mi | $1,141 (±$129) | Not measurably different |
| Town of Morris | 7.0 mi | $809 (±$304) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Otsego County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Town of Cherry Valley | $1,063 (±$417) |
| 7 | Town of Burlington | $1,025 (±$774) |
| 8 | Oneonta | $1,021 (±$66) |
| 9 | Town of Hartwick | $1,000 (±$174) |
| 10 | Town of Edmeston | $988 (±$295) |
| 11 | Town of Milford | $982 (±$266) |
| 12 | Town of Otego | $965 (±$170) |
| 13 | Town of Oneonta | $953 (±$171) |
| 14 | Town of Pittsfield | $922 (±$284) |
| 15 | Town of Maryland | $878 (±$118) |
| 16 | Town of Exeter | $867 (±$44) |
| 17 | Town of Unadilla | $849 (±$82) |
| 18 | Town of Morris | $809 (±$304) |
Showing 13 of 23 places in Otsego County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Otego include them.
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 Town of Otego
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 Town of Otego, 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 Town of Otego beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Town of Otego, and send estimates and invoices from your phone.
Questions about Town of Otego
What is the average rent in the Town of Otego, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in the Town of Otego is $965 (±$170) 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 Otego?
In the Town of Otego, the median gross rent went from $676 in 2015–2019 to $965 in 2020–2024 (+42.8%).
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 Otego cost more than $2,000 a month?
3.3% of rented homes in the Town of Otego have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in the Town of Otego higher than in Otsego County?
In the Town of Otego, median gross rent is not measurably different from Otsego County ($987).
It is also lower than in New York ($1,621).
It is lower than 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 — Otego town, Otsego County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Otego town, Otsego County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Otego town, Otsego 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) for Otego town, Otsego County, New York (county subdivision:55629, in state:36 county:077).
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 .
Related
- Housing in the Town of Otego at a glance
- Rent by bedrooms in the Town of Otego
- Renters and owners in the Town of Otego
- Income and affordability in the Town of Otego
- Home values in the Town of Otego
- Homeowner costs in the Town of Otego
- Property taxes in the Town of Otego
- Types of homes in the Town of Otego
- Bedrooms in the Town of Otego
- Age of homes in the Town of Otego
- Heating fuel in the Town of Otego
- Commute and cars in the Town of Otego
- Population growth in the Town of Otego
- How long people stay in the Town of Otego
- Crowding and facilities in the Town of Otego
- New York landlord and tenant rules
- Housing across Otsego County
- New York places ranked by median rent
- Housing data for every place in New York