RentData

Average Rent in Poughkeepsie, NY Rents rising 4.5% YoY🔺 4th priciest in NY

HUD FY2025 · Official government data · Updated annually

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Poughkeepsie, NY has rental prices ranging from $1,308/month to $2,631/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,492/month — 7% above the national average of $1,400/month.

How Poughkeepsie Compares

With an average 2-bedroom rent of $1,907/month, Poughkeepsie ranks #4 most expensive of the 41 cities tracked in New York — pricier than 97% of all US cities in our data.

Rent Trends

2-bedroom rents in Poughkeepsie, NY have risen by $82/month (4.5%) over the past year, from $1,825 to $1,907. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Fair Market Rents

HUD FY2025
Studio
$1,308
1 Bedroom
$1,492
2 Bedrooms
$1,907
4.5% YoY
3 Bedrooms
$2,433
4 Bedrooms
$2,631
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Is Poughkeepsie, NY Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$76,280/year
National median income: $75,000 (no local data)
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,907/month and 20% down on a home at 7% rate.

Nearby Cities in NYlargest metros in the state

CityStudio1BR2BR3BRHome Value
Nassau$1,848$2,241$2,586$3,352
New York$2,406$2,511$2,780$3,465
Buffalo$968$1,001$1,176$1,438
Rochester$1,022$1,149$1,427$1,720
Albany$1,074$1,230$1,487$1,792
Syracuse$963$1,074$1,321$1,616

Rent or Buy in Poughkeepsie?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Poughkeepsie data

$
Home Value
$350,000
2BR Rent
$1,907/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,907/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Poughkeepsie

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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📋NY Tenant Rights

Deposit limits, eviction laws & renters protections