RentData

Average Rent in Genesee County, NY↓ Rents falling 4.7% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 57,943

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Genesee County, NY has rental prices ranging from $775/month to $1,463/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $894/month — 36% below the national average of $1,400/month. With a median household income of $72,055/year, spending $894/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Genesee County Compares

With an average 2-bedroom rent of $1,113/month, Genesee County ranks #28 most expensive of the 43 cities tracked in New York — pricier than 66% of all US cities in our data.

The Genesee County Rental Market

The Genesee County, NY area has a population of about 57,943 and 26% 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 Genesee County, NY have fallen by $55/month (4.7%) over the past year, from $1,168 to $1,113. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Genesee County, NY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,760. The local median household income of $72,055 exceeds that threshold by $36,295, making Genesee County relatively accessible compared to local wages.

Economy & Jobs

Genesee County, NY has an unemployment rate of 3.5%, 0.4 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 FY2027
Studio
$775
Affordable
1 Bedroom
$894
Affordable
2 Bedrooms
$1,113
↓4.7% YoY
Affordable
3 Bedrooms
$1,326
Affordable
4 Bedrooms
$1,463
Affordable
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Is Genesee County, 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
$44,520/year
Local median income: $72,055
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,113/month and 20% down on a — home at 7% rate.

Nearby Cities in NYlargest metros in the state

CityStudio1BR2BR3BRHome Value
Poughkeepsie$1,088$1,160$1,467$1,868—
Nassau$1,964$2,285$2,689$3,458—
New York$2,593$2,729$2,971$3,760—
Buffalo$1,178$1,203$1,423$1,732—
Rochester$1,005$1,131$1,416$1,706—
Albany$1,238$1,425$1,711$2,039—

Rent or Buy in Genesee County?

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

Should I Rent or Buy?

Break-even analysis using real Genesee County data

$
Home Value
$350,000
2BR Rent
$1,113/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 2 years — worth it if you stay 2+ years.

Total monthly buy cost: $2,577/movs rent: $1,113/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Genesee County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Genesee County

Compare rent & home prices by neighborhood

💵Rent Affordability in Genesee County

Salary needed to afford rent here

🗺️All Cities in NY

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⚖️Compare Genesee County

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📋NY Tenant Rights

Deposit limits, eviction laws & renters protections