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Studio Condos for Rent in Schenectady, NY

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    $1,225 Per Month

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

    23 Monroe St Unit 25 1F, Schenectady, NY 12305

    Property Id: 2456583 Live simply in this newly built sunny first floor studio. Includes heat, electric and hot water. Off street parking. Near GE. Right off Erie Boulevard. Short walk to casino and bus. Adjacent to all of the downtown restaurants and businesses but just far enough to be away from the noise. Laundry on site, off-street parking. Due to size, pet restrictions apply. Small dogs

    23 Monroe St Unit 25 1F, Schenectady, NY 12305
  • /2

    $1,225 Per Month

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

    23 Monroe St Unit 23 1F, Schenectady, NY 12305

    Property Id: 2456575 Live simply in this sunny first floor studio. Includes heat, electric and hot water. Off street parking. Near GE. Right off Erie Boulevard. Short walk to casino and bus. Adjacent to all of the downtown restaurants and businesses but just far enough to be away from the noise. Laundry on site, off-street parking. Due to size, pet restrictions apply. Small dogs or cats

    23 Monroe St Unit 23 1F, Schenectady, NY 12305

Frequently Asked Questions

How much does it cost to rent a condo in Schenectady, NY?
The median rent for a condo in Schenectady, NY is $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 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 Schenectady, NY?
To comfortably afford the median rent in Schenectady, NY, a household needs to earn roughly $63,800 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 $1,595 per month in Schenectady, NY, renters typically need to show $4,785 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 Schenectady, NY?
In Schenectady, NY, the price-to-rent ratio is 16.7, 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 Condos for Rent
2
Median Condo Rent
$1,500
Median 1 Bedroom Condo Rent
$1,275
Median 2 Bedroom Condo Rent
$1,713
Median 3 Bedroom Condo Rent
$1,648
How to Rent a Home