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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentVillage of Richfield SpringsOtsego CountyNew YorkUnited States
Less than $50015.1% (±13.0 points)7.0%7.8%6.3%
$500 to $99967.2% (±16.8 points)44.6%15.2%20.2%
$1,000 to $1,4999.2% (±13.7 points)38.0%22.2%28.1%
$1,500 to $1,9992.5% (±4.8 points)7.4%19.8%21.1%
$2,000 to $2,4990.0% (±29.2 points)1.7%14.3%12.0%
$2,500 to $2,9990.0% (±29.2 points)0.2%7.6%5.5%
$3,000 or more5.9% (±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

Estimate (90% margin of error)
Village of Richfield SpringsOtsego CountyNew YorkUnited States
Median gross rent$756 (±$86)$987 (±$42)$1,621 (±$7)$1,413
Rented homes paying rent119 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$670 (±$68)$756 (±$86)+12.8%No measurable change after inflation
Households that rent41.8% (±12.8 points)28.2% (±11.0 points)−13.6 percentage pointsNot a measurable change
Rental vacancy rate4.2% (±7.0 points)9.8% (±14.6 points)+5.6 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 Village of Richfield Springs

Nearest places with a published estimate, compared with the Village of Richfield Springs
PlaceDistanceMedian gross rentCompared with this place
Village of Richfield Springs—$756 (±$86)—
Town of Richfield3.1 mi$802 (±$72)Not measurably different
Town of Warren4.0 mi$1,010 (±$362)Not measurably different
Town of Exeter6.0 mi$867 (±$44)Higher
Town of Columbia6.0 mi$847 (±$47)Not measurably different
Town of Springfield6.2 mi$773 (±$129)Not measurably different
Town of Otsego6.6 mi$1,205 (±$165)Higher
Town of German Flatts9.0 mi$728 (±$110)Not measurably different
Town of Winfield9.6 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

RankPlaceMedian gross rent
2Village of Gilbertsville$1,141 (±$129)
3Village of Laurens$1,000 (±$296)
4Village of Otego$956 (±$34)
5Village of Unadilla$924 (±$146)
6Village of Milford$850 (±$92)
7Village of Cherry Valley$763 (±$492)
8Village 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

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.

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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