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ZIP Code · NY

ZIP 12308

Pop. 15,511·Schenectady County·316th most expensive ZIP in New York
Median rent (all units)
$1,322/mo
Year-over-Year
+0.8%
Month-over-Month
-9.5%
vs US Median
-$643
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 12308 · $1,322
More affordable than 85% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,120
1 BR
$1,310
2 BR
$1,570
3 BR
$1,880
4 BR+
$2,080
Research median
$1,570/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
$15,864/yr
At $1,322/mo median
Location
StateNY
CountySchenectady County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.8% YoY, -9.5% MoM), not inventory.
Demographics

Who lives here

ZIP 12308 (Schenectady, NY) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 31.7% of residents hold a bachelor's degree or higher.

Population
15,511
Median income
$63,434
Median age
31.7
Renters
55%
Age distribution
19.1%
34.6%
23.4%
14.5%
Under 1819.1%
18–3434.6%
35–5423.4%
55–648.3%
65+14.5%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
60%
16.9%
15%
White60%
Black16.9%
Hispanic15%
Asian4.3%
Other3.8%
Education (25+)
27.2%
31.8%
31.7%
No HS diploma9.3%
HS diploma27.2%
Some college31.8%
Bachelor's+31.7%
Housing tenure
45%
55%
Owner45%
Renter55%

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

2021 vs 2026

How ZIP 12308 in Schenectady, NY has changed in 5 years

Income
$51,498 → $63,434
up 23.2%
Population
14,122 → 15,511
up 9.8%
Renter share
54.1% → 55%
+0.9 pts
Bachelor's+
28% → 31.7%
+3.7 pts
Median age
35 → 31.7
-3.3 yrs

On the earnings side, the typical household in ZIP 12308 in Schenectady, NY now reports about $63,434, up from $51,498 in 2021. The population has grown by 9.8% since 2021, moving from about 14,122 residents to roughly 15,511. College-educated residents now make up 31.7% of adults here, versus 28% in 2021.

Community

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Local insights

Tips for renters in ZIP 12308

About renting in ZIP 12308

Last updated: July 20, 2026

ZIP code 12308 covers Schenectady, NY. The median rent here is $1,322/mo as of July 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,570/mo.

At 25% of local median household income ($63,434/yr), ZIP 12308 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 12308?

As of July 20, 2026, the median monthly rent in ZIP 12308 (Schenectady, NY) is $1,322. This is based on aggregated data from public sources and community submissions.

How does ZIP 12308 rent compare to the US average?

ZIP 12308's median rent of $1,322/mo is $643 (33%) below the US national median of $1,965/mo.

How does ZIP 12308 compare to other ZIPs in New York?

ZIP 12308 is among the more affordable ZIP codes in New York, ranking #316 out of 344 ZIPs at $1,322/mo.

How much income do you need to rent in ZIP 12308?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,322/mo in ZIP 12308. The local median household income is $63,434/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 12308?

Rent in ZIP 12308 has increased 0.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 12308 an affordable place to rent?

ZIP 12308 is considered affordable for renters. At $1,322/mo, rent takes approximately 25% of the local median household income ($63,434/yr). The standard benchmark is 30%. ZIP 12308 falls comfortably within that range.

What percentage of ZIP 12308 residents rent vs. own?

According to Census data, approximately 55% of ZIP 12308 households are renters, while 45% are owner-occupied. With a majority renter population, ZIP 12308 has a strong rental market.

How does ZIP 12308 compare to the rest of Schenectady?

ZIP 12308 is more affordable than Schenectady overall. At $1,322/mo, it's $167 below the Schenectady citywide median of $1,489/mo.

When was rent data for ZIP 12308 last updated?

Rent data for ZIP 12308 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,322/mo, rent takes ~25% of ZIP 12308's median household income ($63,434/yr). The standard benchmark is 30%.

ZIP 12308 25%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 12308 (Schenectady, NY)

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