Legacy Bay Townhomes
436 Glenwood Rd,
Binghamton, NY 13905
1-2 Beds | $1,075 - $1,295
$899/month
Average Rent
600 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of April 2025, the average rent in Binghamton, NY is $899 per month. This is 43% lower than the national average rent of $1,577/month, making renting in Binghamton more affordable than most cities in the US. When you rent an apartment in Binghamton, you can expect to pay about $647 per month for a studio, $899 for a one-bedroom apartment, and around $1,136 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,089 or more.
In the past year, rent has increased by 0.7%, which averages out to $7 more per month.
Based on current rent prices, First Ward, Northside Binghamton and Eastside Binghamton are the most affordable neighborhoods in Binghamton.
Based on current rent prices, Westside Binghamton, Center City and Ely Park are the most expensive neighborhoods in Binghamton.
The neighborhoods in Binghamton with the most apartments available are Center City, Westside Binghamton and Northside Binghamton .
Because the average rent in Binghamton is $899, you’ll want to make about $2,996 per month or $35,952 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Use the tool below to compare Binghamton, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.