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Owego, NY Condos for Rent

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    $1,295

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    5 Lake St Unit 5-3, Owego, NY 13827

    This property at 5 Lake St features a 1-bedroom furnished efficiency Apartment .1-bathroom layout with a total of 400 square feet. the bedroom provides a comfortable area for rest. The bathroom is equipped with standard fixtures and provides necessary amenities. The kitchen includes essential appliances and sufficient counter space for meal preparation. Exterior features include a

    5 Lake St Unit 5-3, Owego, NY 13827
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    $975

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    194 Front St Unit 2nd Floor Rear, Owego, NY 13827

    Charming one bedroom with private deck overlooking the river located on "River Row" in the heart of historic Village of Owego, NY. Building was built in 1850 and renovated in 2006. Unit has exposed brick walls and hardwood floors. Owner has great references and keeps the place well maintained. Laundry facilities incl. Great private deck to sit and enjoy a glass of wine while watching the sun set

    194 Front St Unit 2nd Floor Rear, Owego, NY 13827
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    $800

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    59 East Ave Unit 2, Owego, NY 13827

    Spacious 1 bedroom apartment with in unit washer and dryer hook up. In the Village of Owego. Water, sewer, garbage included. Off Street parking. Walking Distance to local shops. Close to Lockheed Martin. $800/mo depending on number of occupants. Ideal for single Mature adults.

    59 East Ave Unit 2, Owego, NY 13827

Frequently Asked Questions

How much does it cost to rent a condo in Owego, NY?
The median rent for a condo in Owego, NY is $1,025 per month, though prices vary by neighborhood, size, and property type. As of August 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 Owego, NY?
To comfortably afford the median rent in Owego, NY, a household needs to earn roughly $41,000 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 $1,025 per month in Owego, NY, renters typically need to show $3,075 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 Owego, NY?
In Owego, NY, the price-to-rent ratio is 18.7, 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.
What neighborhoods in Owego, NY are best for renting a condo?
The best neighborhood for renting in Owego, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Far West Side, First Ward, West Side, Downtown Binghamton and Southside East Binghamton, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,025
Median 1 Bedroom Condo Rent
$1,025
How to Rent a Home