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City Report · NY

Canandaigua

Pop. 10,514·91st most expensive in New York·Rental market data updated monthly for Canandaigua, NY
Median rent (all units)
$1,603/mo
Year-over-Year
-2.3%
Month-over-Month
-8.2%
vs US Median
-$359
Falling (Monthly)
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Most AffordableMost Expensive
Canandaigua · $1,603
More affordable than 69% of US cities · National median $1,962/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,603/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$64,000/yr
Local median income
$64,929/yr
Based on the 30%-of-income rule using Canandaigua's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,030
1 BR
$1,160
2 BR
$1,440
3 BR
$1,740
4 BR+
$1,910
Fair Market Rent (HUD)
$1,440/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,603 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$19,236/yr
At $1,603/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.3% YoY, -8.2% MoM), not inventory.
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Demographics

Who lives here

Canandaigua, NY is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 37.6% of residents hold a bachelor's degree or higher.

Population
10,514
Median income
$64,929
Median age
45.5
Renters
49.3%
Age distribution
15.5%
23.7%
22.2%
12.7%
25.9%
Under 1815.5%
18–3423.7%
35–5422.2%
55–6412.7%
65+25.9%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
87.4%
White87.4%
Black1.1%
Hispanic8.8%
Other2.5%
Education (25+)
27.2%
27.9%
37.6%
No HS diploma7.4%
HS diploma27.2%
Some college27.9%
Bachelor's+37.6%
Housing tenure
50.7%
49.3%
Owner50.7%
Renter49.3%

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

2021 vs 2026

How Canandaigua, NY has changed in 5 years

Income
$52,365 → $64,929
up 24.0%
Population
10,563 → 10,514
down 0.5%
Renter share
52% → 49.3%
-2.7 pts
Bachelor's+
39.3% → 37.6%
-1.7 pts
Median age
41.9 → 45.5
+3.6 yrs

Median household income rose from $52,365 to $64,929 between 2021 and 2024, a 24.0% shift. Renters now make up 49.3% of households, compared with 52% five years ago.

Community

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View Canandaigua rent history (2015–2026) →
Salary vs rent

Can you afford rent in Canandaigua on your salary?

At $1,603/mo, how Canandaigua rent compares to typical pay (30% rule).

By apartment size

Canandaigua rent by bedroom count

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

Local insights

Tips for renters in Canandaigua

About renting in Canandaigua, NY

Last updated: August 17, 2026

The median rent in Canandaigua is $1,603/mo as of August 2026. A studio apartment averages $1,030/mo while a 2-bedroom runs $1,440/mo. One-bedroom apartments average $1,160/mo and 3-bedroom units go for $1,740/mo.

At 30% of local median household income ($64,929/yr), Canandaigua ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.3% over the past year.

FAQ

Frequently asked questions

Is Canandaigua an affordable city for renters?

Canandaigua is considered moderate for renters. At $1,603/mo, rent takes approximately 30% of the local median household income ($64,929/yr). The standard benchmark is 30%. Canandaigua slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Canandaigua?

To keep rent at or below 30% of gross income, you would need to earn at least $64,000/year (~$31/hour full-time) to afford the median rent of $1,603/mo in Canandaigua. The local median household income is $64,929/yr, meaning the typical Canandaigua household meets that threshold.

Is rent going up or down in Canandaigua?

Rent in Canandaigua has decreased 2.3% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Canandaigua rent compare to other cities in New York?

Canandaigua is one of the more affordable cities in New York for rent, ranking #91 out of 125 tracked cities at $1,603/mo.

Which nearby cities are cheaper to rent in than Canandaigua?

Several nearby cities have lower median rents than Canandaigua ($1,603/mo): Palmyra ($1,055/mo), Henrietta ($1,506/mo), Penfield ($1,543/mo).

What percentage of Canandaigua residents rent vs. own?

According to Census data, approximately 49.3% of Canandaigua households are renters, while 50.7% are owner-occupied. Canandaigua leans toward homeownership, which can mean a smaller rental inventory.

How does Canandaigua rent compare to the national average?

Canandaigua's median rent of $1,603/mo is $359 (18%) below the US national median of $1,962/mo. Within New York, it ranks #91 out of 125 tracked cities.
Income Affordability
30%
MODERATE

At $1,603/mo, rent takes ~30% of Canandaigua's median household income ($64,929/yr). The standard benchmark is 30%.

Canandaigua 30%Benchmark 30%
State income tax4–10.9%
Run the Canandaigua affordability calculator →
Lowest-rent ZIP codes in Canandaigua
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Canandaigua, NY

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