What is the median rent in the Village of Richfield Springs, NY?
The median gross rent in the Village of Richfield Springs, NY is $756 (±$86) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 119 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In the Village of Richfield Springs, the median gross rent went from $670 in 2015–2019 to $756 in 2020–2024 (+12.8%).
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
- $756 (±$86)
- Rented homes
- 119 (±57)
- $2,000 or more
- 5.9%
- Since 2015–2019
- +12.8%
How much rent costs in the Village of Richfield Springs
| Monthly gross rent | Village of Richfield Springs | Otsego County | New York | United States |
|---|---|---|---|---|
| Less than $500 | 15.1% (±13.0 points) | 7.0% | 7.8% | 6.3% |
| $500 to $999 | 67.2% (±16.8 points) | 44.6% | 15.2% | 20.2% |
| $1,000 to $1,499 | 9.2% (±13.7 points) | 38.0% | 22.2% | 28.1% |
| $1,500 to $1,999 | 2.5% (±4.8 points) | 7.4% | 19.8% | 21.1% |
| $2,000 to $2,499 | 0.0% (±29.2 points) | 1.7% | 14.3% | 12.0% |
| $2,500 to $2,999 | 0.0% (±29.2 points) | 0.2% | 7.6% | 5.5% |
| $3,000 or more | 5.9% (±9.9 points) | 1.1% | 13.2% | 6.8% |
The most common range is $500 to $999, paid by 67.2% of renting households.
5.9% of rented homes in the Village of Richfield Springs cost $2,000 or more a month.
The Village of Richfield Springs against Otsego County, its state and the nation
| Village of Richfield Springs | Otsego County | New York | United States | |
|---|---|---|---|---|
| Median gross rent | $756 (±$86) | $987 (±$42) | $1,621 (±$7) | $1,413 |
| Rented homes paying rent | 119 (±57) | 5,788 (±511) | 3,406,652 (±12,095) | 42,849,984 |
In the Village of Richfield Springs, median gross rent is lower than in 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 Village of Richfield Springs ranks 8 of 8 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 425 of 499.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in the Village of Richfield Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $670 (±$68) | $756 (±$86) | +12.8% | No measurable change after inflation |
| Households that rent | 41.8% (±12.8 points) | 28.2% (±11.0 points) | −13.6 percentage points | Not a measurable change |
| Rental vacancy rate | 4.2% (±7.0 points) | 9.8% (±14.6 points) | +5.6 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 Village of Richfield Springs
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Village of Richfield Springs | — | $756 (±$86) | — |
| Town of Richfield | 3.1 mi | $802 (±$72) | Not measurably different |
| Town of Warren | 4.0 mi | $1,010 (±$362) | Not measurably different |
| Town of Exeter | 6.0 mi | $867 (±$44) | Higher |
| Town of Columbia | 6.0 mi | $847 (±$47) | Not measurably different |
| Town of Springfield | 6.2 mi | $773 (±$129) | Not measurably different |
| Town of Otsego | 6.6 mi | $1,205 (±$165) | Higher |
| Town of German Flatts | 9.0 mi | $728 (±$110) | Not measurably different |
| Town of Winfield | 9.6 mi | $617 (±$70) | Lower |
Nearby places with a measurably lower figure: Town of Winfield, NY ($617).
Nearby places with a measurably higher figure: Town of Exeter, NY ($867), Town of Otsego, NY ($1,205).
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 |
|---|---|---|
| 2 | Village of Gilbertsville | $1,141 (±$129) |
| 3 | Village of Laurens | $1,000 (±$296) |
| 4 | Village of Otego | $956 (±$34) |
| 5 | Village of Unadilla | $924 (±$146) |
| 6 | Village of Milford | $850 (±$92) |
| 7 | Village of Cherry Valley | $763 (±$492) |
| 8 | Village of Richfield Springs | $756 (±$86) |
Showing 7 of 8 places in Otsego 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.
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Questions about Village of Richfield Springs
What is the average rent in the Village of Richfield Springs, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in the Village of Richfield Springs is $756 (±$86) 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 Village of Richfield Springs?
In the Village of Richfield Springs, the median gross rent went from $670 in 2015–2019 to $756 in 2020–2024 (+12.8%).
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 Village of Richfield Springs cost more than $2,000 a month?
5.9% of rented homes in the Village of Richfield Springs have a gross rent of $2,000 or more a month, and 15.1% cost less than $500.
Is rent in the Village of Richfield Springs higher than in Otsego County?
In the Village of Richfield Springs, median gross rent is lower than in 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 — Richfield Springs village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richfield Springs village, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Richfield Springs village, 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 Richfield Springs village, New York (place:61489, 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 .
Related
- Housing in the Village of Richfield Springs at a glance
- Rent burden in the Village of Richfield Springs
- Renters and owners in the Village of Richfield Springs
- Income and affordability in the Village of Richfield Springs
- Home values in the Village of Richfield Springs
- Homeowner costs in the Village of Richfield Springs
- Property taxes in the Village of Richfield Springs
- Types of homes in the Village of Richfield Springs
- Bedrooms in the Village of Richfield Springs
- Age of homes in the Village of Richfield Springs
- Heating fuel in the Village of Richfield Springs
- Commute and cars in the Village of Richfield Springs
- Population growth in the Village of Richfield Springs
- 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