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Newark Valley, NY Homes for Rent

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  • /16

    $1,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    4 Dr Knapp Rd S Unit 4, Newark Valley, NY 13811

    This property at 4 Dr Knapp Rd features 2 bedrooms and 1 bathroom, offering a living space approximately 1,100 square feet. The living room provides ample space for relaxation and entertainment, while the kitchen is equipped with a dishwasher for convenience. The spacious bathroom includes essential fixtures and is designed for functionality. The exterior includes a yard and walkout patio

    4 Dr Knapp Rd S Unit 4, Newark Valley, NY 13811
  • /19

    $2,750

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 2,200 Sq Ft
    • House for Rent

    1270 Ny-38b, Newark Valley, NY 13811

    This property located at 1270 NY-38B features 4 bedrooms and 2.5 bathrooms within a spacious 2,200 square feet. The living room provides ample space for relaxation and entertainment, while the kitchen includes modern amenities for convenient meal preparation. The master bathroom is equipped with double vanities and a tub/shower combination. Each bedroom offers sufficient storage space and natural

    1270 Ny-38b, Newark Valley, NY 13811

Why Live in Newark Valley

Newark Valley, NY is a rural town centered around its namesake village, offering a slower pace of life compared to nearby cities like Binghamton and Ithaca, which are 23 and 27 miles away respectively. The town is surrounded by farmland and forests, providing quiet seclusion in the New York countryside. Housing options range from early 19th-century builds to modern constructions, with common styles including farmhouses, Colonial Revivals, and ranch-style homes. Many homes feature rustic charm with covered porches and barns converted into garages, while others have modern touches like sliding glass doors. The village is walkable, with most shops and restaurants clustered along Main Street. Highlights include Hollenbeck Food for groceries, Annie’s Place for breakfast, and Fortunato’s for Italian cuisine. Newark Valley Creamery offers classic ice cream treats. Trout Ponds Park serves as a community hub with amenities like a gazebo, playground, and fitness trail. Outdoor features include Alexander Pond for fishing and Ketchumville State Forest for hiking and biking. Annual events like the Newark Valley Summerfest and Apple Festival foster a close-knit community atmosphere. State routes 38 and 38B provide access to Binghamton and Ithaca, making Newark Valley a bedroom community for these cities.

Frequently Asked Questions

How much does it cost to rent a home in Newark Valley, NY?
The median rent for a home in Newark Valley, NY is $1,975 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Newark Valley, NY?
To comfortably afford the median rent in Newark Valley, NY, a household needs to earn roughly $79,000 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 $1,975 per month in Newark Valley, NY, renters typically need to show $5,925 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 Newark Valley, NY?
In Newark Valley, NY, the price-to-rent ratio is 7.4, 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 Newark Valley, NY are best for renting a home?
The best neighborhood for renting in Newark Valley, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Far West Side, West Side, First Ward, Northside Binghamton and Downtown Binghamton, each with its own character and price range.

Rental Home Trends in Newark Valley, NY

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,975
Median Single Family Home Rent
$2,750
Median Condo Rent
$1,200
How to Rent a Home