How much does it cost to rent in Ballston Spa, NY?

As of July 2026, the median monthly rent in Ballston Spa, NY is $2,010. This figure is based on aggregated data from public sources and community-submitted rents.

Is Ballston Spa cheaper than other New York cities?

Ballston Spa falls in the middle range for New York, ranking #75 out of 126 cities at $2,010/mo.

When was Ballston Spa rent data last updated?

Ballston Spa rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NY

Ballston Spa

Name: Average Rent Prices in Ballston Spa, NY
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 5,027·75th most expensive in New York·Ballston Spa rents are up 5.7% over the past year

Median rent (all units)

$2,010/mo

Year-over-Year

+5.7%

Month-over-Month

+1.3%

vs US Median

+$45

Rising (Monthly)

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Most AffordableMost Expensive

Ballston Spa · $2,010

More expensive than 60% of US cities · National median $1,965/mo

Rent Reality Score

52/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Ballston Spa's 10-year trend predicts.

Actual rent

$2,010/mo

Expected by trend

$2,032/mo

The Rent Reality Score compares today's median rent to where Ballston Spa's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,330

1 BR

$1,520

2 BR

$1,840

3 BR

$2,220

4 BR+

$2,440

Research median

$1,840/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$24,120/yr

At $2,010/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.7% YoY, +1.3% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Ballston Spa, NY is majority owner-occupied, has a median income above the national average, 45.8% of residents hold a bachelor's degree or higher.

Population

5,027

Median income

$101,667

Median age

42.7

Renters

34.5%

Age distribution

21.5%

19.2%

29.9%

15.4%

14.1%

Under 1821.5%

18–3419.2%

35–5429.9%

55–6415.4%

65+14.1%

Gender

51.5%

48.5%

Male51.5%

Female48.5%

Race & ethnicity

88%

White88%

Black1.3%

Hispanic4%

Other6.7%

Education (25+)

24.4%

23.6%

45.8%

No HS diploma6.2%

HS diploma24.4%

Some college23.6%

Bachelor's+45.8%

Housing tenure

65.5%

34.5%

Owner65.5%

Renter34.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Ballston Spa, NY has changed in 5 years

Rent

$1,723 → $2,010

up 16.7%

Income

$73,993 → $101,667

up 37.4%

Population

5,510 → 5,027

down 8.8%

Renter share

35.7% → 34.5%

-1.2 pts

Bachelor's+

42.8% → 45.8%

+3.0 pts

Median age

38.8 → 42.7

+3.9 yrs

Compared with 2023, rent in Ballston Spa, NY has climbed by $287 per month, settling near $2,010 after starting the period at $1,723. Census figures show median household income at $101,667 today, compared with $73,993 five years earlier. Income growth outran rent by about 20.7 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 5,510 to 5,027 between 2021 and 2024, a 8.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 42.8% to 45.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about Ballston Spa

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View Ballston Spa rent history (2015–2026) →

Salary vs rent

Can you afford rent in Ballston Spa on your salary?

At $2,010/mo, how Ballston Spa rent compares to typical pay (30% rule).

Registered Nurse

Avg $107,707/yr · Rent = 22.4% income

affordable

Elementary School Teacher

Avg $76,471/yr · Rent = 31.5% income

stretched

Police Officer

Avg $88,088/yr · Rent = 27.4% income

affordable

Software Developer

Avg $157,445/yr · Rent = 15.3% income

very comfortable

Lawyer

Avg $201,176/yr · Rent = 12% income

very comfortable

Firefighter

Avg $71,603/yr · Rent = 33.7% income

stretched

Truck Driver

Avg $64,649/yr · Rent = 37.3% income

stretched

Electrician

Avg $79,686/yr · Rent = 30.3% income

stretched

By apartment size

Ballston Spa rent by bedroom count

Median rent for each apartment size in Ballston Spa. Click any size for full breakdown.

Local insights

Tips for renters in Ballston Spa

About renting in Ballston Spa, NY

Last updated: July 20, 2026

The median rent in Ballston Spa is $2,010/mo as of July 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,840/mo. One-bedroom apartments average $1,520/mo and 3-bedroom units go for $2,220/mo.

At 24% of local median household income ($101,667/yr), Ballston Spa ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

Is Ballston Spa an affordable city for renters?

Ballston Spa is considered very affordable for renters. At $2,010/mo, rent takes approximately 24% of the local median household income ($101,667/yr). The standard benchmark is 30%. Ballston Spa falls comfortably within that range.

How much income do you need to rent in Ballston Spa?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $2,010/mo in Ballston Spa. The local median household income is $101,667/yr, meaning the typical Ballston Spa household meets that threshold.

Is rent going up or down in Ballston Spa?

Rent in Ballston Spa has increased 5.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Ballston Spa rent compare to other cities in New York?

Ballston Spa is middle-of-the-pack for New York for rent, ranking #75 out of 126 tracked cities at $2,010/mo.

Which nearby cities are cheaper to rent in than Ballston Spa?

Several nearby cities have lower median rents than Ballston Spa ($2,010/mo): Schenectady ($1,489/mo), Clifton Park ($1,647/mo), Cohoes ($1,816/mo).

What percentage of Ballston Spa residents rent vs. own?

According to Census data, approximately 34.5% of Ballston Spa households are renters, while 65.5% are owner-occupied. Ballston Spa leans toward homeownership, which can mean a smaller rental inventory.

How does Ballston Spa rent compare to the national average?

Ballston Spa's median rent of $2,010/mo is $45 (2%) above the US national median of $1,965/mo. Within New York, it ranks #75 out of 126 tracked cities.

Income Affordability

24%

VERY AFFORDABLE

At $2,010/mo, rent takes ~24% of Ballston Spa's median household income ($101,667/yr). The standard benchmark is 30%.

Ballston Spa 24%Benchmark 30%

State income tax4–10.9%

Run the Ballston Spa affordability calculator →

Nearby cities