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Studio Apartments for Rent in Schenectady, NY

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  • /28

    Starting at $1,075 Per Month

    • Studio - 2 Beds

    901 Draper Ave, Schenectady, NY 12306

    Draper Lofts offers modern apartments in the unique setting of a meticulously restored historical school building. The Beaux Arts architecture of the original Draper school building allows for oversized windows and historical touches like original school plaques. Fully modern amenities will suit your lifestyle. Modern kitchens offer stainless steel appliances and microwaves. A community room and

    Draper Lofts Apartments

    (518) 861-4195

    901 Draper Ave, Schenectady, NY 12306
  • /35

    Starting at $1,698 Per Month

    • Studio - 2 Beds

    240 State St, Schenectady, NY 12305

    Welcome to Electric City, a residential community featuring studio, one, and two-bedroom apartments in Schenectady, NY. Spacious layouts and amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining and entertainment options. If you are looking for an apartment in a convenient, downtown location, contact our friendly, professional

    Electric City Apartments

    (518) 861-4543

    240 State St, Schenectady, NY 12305
  • /20

    Starting at $1,230 Per Month

    • Studio - 2 Beds

    2150 Rosa Rd, Schenectady, NY 12309

    Discover Hampshire Apartments, a vibrant apartment community nestled in the heart of Schenectady, N.Y. Our thoughtfully designed studios, one-bedroom, and two-bedroom apartments offer a comfortable and valuable living experience, with heat and hot water included. Enjoy the ease of on-site laundry centers and unwind in the community swimming pool or stay active in our state-of-the-art center.

    Hampshire

    (518) 608-2834

    2150 Rosa Rd, Schenectady, NY 12309
  • /16

    Starting at $810 Per Month

    • Studio - 2 Beds

    10 Queens Dr, Schenectady, NY 12304

    Offering studio, one and two bedroom tower and garden apartment homes for rent, Wade Towers & Garden Apartments located in Schenectady New York is sure to please. Amenities include fully applianced kitchen, wall to wall carpeting, secure entry and on site laundry facility. Enjoy a day poolside or in our recreation area having a picnic. Work out in our exercise room or enjoy a day of golf at

    Wade Towers & Garden Apartments

    (518) 861-4478

    10 Queens Dr, Schenectady, NY 12304
  • /15

    Starting at $925 Per Month

    • Studio - 3 Beds

    2301 Cambridge Rd, Schenectady, NY 12304

    Kelsey Commons Apartments is the Schenectady area’s newest luxury apartments, ideally located near three major highways. These luxury apartment homes feature open concept living with shaker cabinets and granite countertops, stainless steel appliances and full size washer/dryer. Kelsey Commons Apartments is a secure entry building with ample off-street parking, indoor mailbox and elevator access.

    Kelsey Commons

    (518) 707-1654

    2301 Cambridge Rd, Schenectady, NY 12304
  • /20

    Starting at $825 Per Month

    • Studio - 2 Beds

    15 Lafayette St, Schenectady, NY 12305

    Wade Estates located in Schenectady NY, close to Niskayuna NY offers studio, one bedroom and two bedroom apartment homes for rent. Studio apartments offer hardwood floors while , one and two bedroom offer wall to wall carpeting and exposed brick in the living room. Large closets offer extra storage. Kitchen with dishwasher and disposal. Units have dining areas. Patios or balconies for taking in

    Wade Estates

    (518) 313-3661

    15 Lafayette St, Schenectady, NY 12305
  • /20

    Starting at $995 Per Month

    • Studio - 1 Bed

    225 State St, Schenectady, NY 12305

    Barney Square & W. L. Stockade Apartments are conveniently located in the Historic Stockade District of Schenectady, New York. Barney Square blends the old with the new, while providing you with a perfect location and all the amenities you would expect. We offer quality apartments at an affordable price. Just a short stroll from fine restaurants and entertainment, including the recently renovated

    Barney Square & W.L. Stockade Apartments

    (518) 348-4378

    225 State St, Schenectady, NY 12305

Why Live in Schenectady

Schenectady's historic Proctors Theatre stands as a cultural cornerstone, hosting Broadway shows and concerts in its beautifully restored venue. The Stockade Historic District, America's oldest residential neighborhood, features preserved architecture from centuries past. Residents enjoy Central Park's expansive grounds, complete with a rose garden and Iroquois Lake, plus summer concerts at Music Haven. The weekly Schenectady Greenmarket brings fresh local produce and artisanal goods to the community year-round. The dining scene includes standout restaurants like Stella Pasta Bar & Bistro, serving fresh Italian cuisine, and Tara Kitchen's authentic Moroccan dishes.

The housing market in Schenectady presents diverse options across several neighborhoods. Single family homes in Pine Bush command a median price of $490,000, while Rotterdam's single family homes have a median price of $255,000. Hamilton Hill features townhouses with a median price of $152,000. The overall median sale price in Schenectady sits at $280,000, with townhomes at $318,500 and two bedroom condos at $235,000.

Property taxes in Schenectady County run higher than neighboring areas, with an effective rate of 2.46% compared to Albany County at 1.89% and Saratoga County at 1.49%. The city connects to the Capital Region via CDTA bus service and Amtrak rail, with Albany just 15 miles away. Education options include Guilderland High School, rated A by Niche, and the private Notre Dame-Bishop Gibbons School. Union College adds a collegiate presence to the community. The Rivers Casino & Resort, miSci museum, and Mohawk Harbor waterfront provide year-round entertainment options.

Frequently Asked Questions

How much does it cost to rent a home in Schenectady, NY?
The median rent for a home in Schenectady, NY is $1,550 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses 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 $62,000 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 $1,550 per month in Schenectady, NY, renters typically need to show $4,650 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 16.9, 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 in Schenectady, NY

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,550
Median Single Family Home Rent
$1,948
Median Townhouse Rent
$1,650
Median Condo Rent
$1,550
How to Rent a Home