Colonie, NY Homes for Rent

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$2,100 Per Month
- 2 Beds
- 1.5 Baths
- 1,300 Sq Ft
- Apartment for Rent
33 A Ledgewood Dr Unit A, Colonie, NY 12205

Available July 1! This beautifully updated 2-bedroom, 1.5-bath, side-by-side duplex lives more like a townhouse. The modern interior features a brand-new kitchen with stainless steel appliances, quartz countertops, and an oversized dining area that opens to a spacious, light-filled living space. Sliding doors lead to a private deck, perfect for relaxing or entertaining. A convenient half bath

Dominick Ieraci KW Platform

33 A Ledgewood Dr Unit A, Colonie, NY 12205
Explore Colonie
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Starting at $1,208 Per Month
- 1 - 2 Beds
1948 Central Ave, Albany, NY 12205

Grecian Terrace Apartments is a charming thirty-two unit community conveniently located in Colonie, NY. Please call for an appointment today.

Grecian Terrace Apartments

(518) 667-9853

1948 Central Ave, Albany, NY 12205
/33
$3,400 Per Month
- 4 Beds
- 3 Baths
- 1,820 Sq Ft
- House for Rent
59 Nantucket St, Colonie, NY 12047

Beautiful newly constructed contemporary ranch style single family home with open layout, first floor primary suite with 2 bedroom and 2 bath on the first floor and 2 bed and 1 bath on the second floor. Huge unfinished basement, close to everything. North Colonie schools - Boght Elementary.

Vinod Pillai Realty Albany

59 Nantucket St, Colonie, NY 12047
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$1,186 Per Month
- 1 Bath
- 504 Sq Ft
- Apartment for Rent
9 Residence Inn Dr Unit 103, Colonie, NY 12110

Skyview Terraces! Live in a beautiful country setting with endless amenities right at your fingertips. Skyview Terraces offers an outdoor pool, clubhouse, sports court for basketball, tennis and badminton, outdoor BBQ for entertaining and so much more! Skyview Terraces is a 112-unit community conveniently located in Latham, NY. Each unit features a secure, private entrance, stainless steel

Nicole Blanchette Burns Management

9 Residence Inn Dr Unit 103, Colonie, NY 12110
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$2,200 Per Month
- 3 Beds
- 1.5 Baths
- 1,200 Sq Ft
- Apartment for Rent
34 B Commodore St, Colonie, NY 12205

Well kept and maintained side by side duplex in South Colonie schools for RENT. It features Living room with hard wood floor, updated kitchen with Eating in area and newer appliances and a half bath on the first floor. 3 good size bedrooms and full bath on the 2nd floor. All painted Dry full basement great for play area and storage. Off street parking. Gas heat and hot water. Private back yard.

Sherif Mohamed Amana Real Estate Group

34 B Commodore St, Colonie, NY 12205
/15
$2,550 Per Month
- 3 Beds
- 1 Bath
- 864 Sq Ft
- House for Rent
13 Hawley Ave, Albany, NY 12205

Completely renovated and move-in ready! This beautifully updated 3-bedroom, 1-bath ranch in Colonie offers modern finishes, efficient one-level living, and a highly convenient location just minutes from Central Avenue shopping, dining, and major commuter routes. This home features a fully refreshed interior with updated flooring, fresh paint, modern fixtures, and an upgraded kitchen equipped with

Linda Yetto Platform Realty Group LLC

13 Hawley Ave, Albany, NY 12205

New York Albany County Colonie

Why Live in Colonie

Colonie, New York, a former farming community turned suburb, is located 9 miles southeast of Albany. Known as the “Crossroads of the Capital District,” it offers convenient access to major interstates and Albany International Airport, making it ideal for frequent travelers. The town features a mix of single-family ranch-style homes, Cape Cods, Colonial Revivals, and New Traditional houses, with prices ranging from $100,000 for fixer-uppers to over $500,000 for larger homes. The South Colonie Central School District is highly rated, with Forest Park Elementary, Sand Creek Middle, and Colonie Central High all receiving commendable marks. Colonie boasts numerous parks and recreational facilities, including the Mohawk-Hudson Bike-Hike Trail, Mohawk River Park and Pool, and Cook Park, offering a variety of outdoor activities. The commercial hubs of Central Avenue and Wolf Road provide ample shopping and dining options, including Colonie Center mall and eateries like Barnsider and Colonie Diner. The Crossings Park of Colonie hosts seasonal events such as farmers markets, Harvest Fest, and summer concerts. Major highways like Interstate 87 and 90, along with bus services from the Capital District Transportation Authority, ensure easy connectivity to Albany and beyond.

Learn more about living in Colonie

Frequently Asked Questions

How much does it cost to rent a home in Colonie, NY?

The median rent for a home in Colonie, NY is $2,293 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Colonie, NY?

To comfortably afford the median rent in Colonie, NY, a household needs to earn roughly $91,720 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,293 per month in Colonie, NY, renters typically need to show $6,879 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Colonie, NY?

In Colonie, NY, the price-to-rent ratio is 18.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Colonie, NY are best for renting a home?

The best neighborhood for renting in Colonie, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Campus Area, Buckingham Lake-Crestwood, Melrose, Pine Hills and New Scotland-Woodlawn, each with its own character and price range.

Rental Trends in Colonie, NY

There are currently 6 homes available for rent in Colonie, NY. The median rent is $2,293 per month, with single-family homes renting at $3,300, townhouses at $3,650 and condos at $1,345.

Rental Home Trends

Number of Homes for Rent 6	Median Rent $2,293
Median Single Family Home Rent $3,300	Median Townhouse Rent $3,650
Median Condo Rent $1,345

How to Rent a Home

Rentals in Colonie

Homes for Rent by Bedrooms in Colonie

Rentals by Price in Colonie

More About Living in Colonie

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Homes for Rent in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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