Average Rent in Chenango County, NY↑ Rents rising 3.6% YoY🔻 5th cheapest in NY
HUD FY2025 · Official government data · Updated annually · Metro pop. 46,685
Market Overview
Chenango County, NY has rental prices ranging from $754/month to $1,418/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $820/month — 41% below the national average of $1,400/month. With a median household income of $62,093/year, spending $820/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Chenango County Compares
With an average 2-bedroom rent of $938/month, Chenango County ranks #37 most expensive of the 41 cities tracked in New York — pricier than 53% of all US cities in our data.
The Chenango County Rental Market
The Chenango County, NY area has a population of about 46,685 and 24% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Chenango County, NY have risen by $33/month (3.6%) over the past year, from $905 to $938. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Chenango County, NY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,800. The local median household income of $62,093 exceeds that threshold by $29,293, making Chenango County relatively accessible compared to local wages.
Economy & Jobs
Chenango County, NY has an unemployment rate of 3.7%, 0.2 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.
Fair Market Rents
HUD FY2025Is Chenango County, NY Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Rent or Buy in Chenango County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Chenango County data
Renting appears to be the better financial choice for this scenario.
Living in Chenango County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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