Average Rent in Binghamton, NY

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Current Versus Historical Binghamton, NY Rents

Binghamton rentals average $1,307 for a studio rental to $2,225 for a 4-bedroom rental. The median price of all currently available listings is $1,500, or roughly $16 per square feet.

For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $722 (123.52%) year-over-year from $585 to $1,307. 1-bedroom rentals prices have increased by $108 (11.82%) year-over-year from $917 to $1,025. 2-bedroom rentals prices have increased by $8 (0.70%) year-over-year from $1,192 to $1,200. 3-bedroom rentals prices have decreased by $74 (-4.41%) year-over-year from $1,674 to $1,600. 4-bedroom rentals prices have increased by $858 (42.56%) year-over-year from $2,017 to $2,875. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 10.42% this month. 1-bedroom rents have gone up by 16.04% this month. 2-bedroom rents have gone down by 4.00% this month. 3-bedroom rents have gone up by 4.92% this month. 4-bedroom rents have gone up by 20.63% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.52	$1,307	$585 (123.52%)	$77 (1,592.17%)
1 BR	$19.00	$1,025	$917 (11.82%)	$792 (29.47%)
2 BR	$18.35	$1,200	$1,192 (0.70%)	$1,092 (9.92%)
3 BR	$14.27	$1,600	$1,674 (-4.41%)	$1,311 (22.04%)
4+ BR	$18.00	$2,875	$2,017 (42.56%)	$2,042 (40.82%)

Historical Rents in Binghamton, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Binghamton

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Binghamton

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Binghamton

There are a total of 2 counties located by Binghamton, NY. Some of these counties include Union, NY and Binghamton, NY. The average rent for rentals in these counties is $1,375. That's roughly around $17 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Union, NY. Its average rent per month is $1,250. Vice versa, with an average rent of $1,500, Binghamton, NY is the most expensive county by Binghamton, NY.

Typically, rent for studios in Binghamton, NY is 5.49% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Binghamton, NY is 1.58% more affordable than other counties nearby. Finally, rent for two bedrooms in Binghamton, NY is 1.00% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Union, NY	$1,450	$980	$1,225	$1,250
Binghamton, NY	$1,307	$950	$1,250	$1,500

Top Zipcodes Near Binghamton

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Binghamton Average Rents

What is the average rent price in Binghamton, NY?

The average monthly rental price for Binghamton, NY apartments for rent is approximately $1,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Binghamton, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Binghamton, NY.

How much is a studio apartment in Binghamton, NY?

The average monthly rental price for studio apartments is $1,307 and an average price per square feet of $4.52. There are a total of 2 studio apartment listings currently available for rent in Binghamton.

How much is a one bedroom apartment in Binghamton, NY?

The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $19.00. There are a total of 5 one bedroom apartment listings currently available for rent in Binghamton.

How much is a two bedroom apartment in Binghamton, NY?

The average monthly rental price for two bedroom apartments is $1,250 and an average price per square feet of $18.35. There are a total of 15 two bedroom apartment listings currently available for rent in Binghamton.

How have rent prices in Binghamton, NY changed this year?

Rent prices for rentals in Binghamton, NY can fluctuate yearly. Specifically, studio rental prices have changed by 1.24%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by -0.04% year-over-year.

What is a reasonable rent price in Binghamton, NY?

A reasonable rent price in Binghamton, NY is around $1,200/month. You can search for these reasonably priced rental listings on RentHop.