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Studio Apartment for Rent in Herkimer, NY

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    $695 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    616 Park Ave, Herkimer, NY 13350

    Property Id: 112827Off street parking, newly renovated. No pets and no smoking. $695 per month plus utilities. Located near Walmart and Herkimer College. First and security required.

    616 Park Ave, Herkimer, NY 13350

Why Live in Herkimer

Herkimer, NY, situated 15 miles southwest of Utica in the Mohawk Valley, offers a blend of historical charm and quiet living with ample recreational opportunities. Known for its Herkimer Diamond Mines, visitors can mine for diamond quartz and other gemstones or enjoy camping on-site. Outdoor activities are plentiful, including the Erie Canalway Trail, which stretches from Mohawk to Little Falls, and golfing at Cottonwood Golf Course and Valley Country Club. Ark Herkimer Business Park features a playground, athletic courts, and a public pool, while local anglers frequent the Herkimer Fishing Derby. The town's architecture ranges from vintage National Folk styles to Victorian and ranch-style homes, with newer properties on the outskirts featuring expansive acreage. Main Street hosts specialty shops and restaurants like Crazy Otto’s Empire Diner and The Godfather’s Hideout, known for its chicken riggies. For larger retail options, residents often travel to Sangertown Square in New Hartford or Utica. Herkimer High School offers students the chance to earn college credits through Herkimer-Fulton-Hamilton-Otsego BOCES Career Tech Center, and post-graduates can attend Herkimer College. Community events include the Herkimer County Fair and the Herkimer County Arts and Crafts Fair. Connectivity is supported by Interstate 90 and state routes, with Syracuse Hancock International Airport 67 miles west and Albany 76 miles east.

Frequently Asked Questions

How much does it cost to rent a home in Herkimer, NY?
The median rent for a home in Herkimer, NY is $695 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Herkimer, NY?
To comfortably afford the median rent in Herkimer, NY, a household needs to earn roughly $27,800 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 $695 per month in Herkimer, NY, renters typically need to show $2,085 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 Herkimer, NY?
In Herkimer, NY, the price-to-rent ratio is 20.7, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$695
Median Single Family Home Rent
$1,750
Median Townhouse Rent
$695
Median Condo Rent
$1,100
How to Rent a Home