ZIP Code · NY

ZIP 14623

Pop. 26,032·Monroe County·238th most expensive ZIP in New York
Median rent (all units)
$1,913/mo
Year-over-Year
+3.9%
Month-over-Month
+0.6%
vs US Median
-$35
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 14623 · $1,913
More expensive than 56% of US ZIP codes · National median $1,948/mo
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Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,390
2 BR
$1,740
3 BR
$2,100
4 BR+
$2,300
Research median
$1,740/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: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of New York

Rent in ZIP 14623 changed +3.9% over the year to August 2026. Across the 248 New York ZIP codes Zillow tracks, the typical change was +5.5%.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($65,342) is $1,634 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,390); a 2-bedroom is $1,740.

Rank in Rochester

19th cheapest of 19 ZIP codes in Rochester.

Cheaper nearby

ZIP 14620, 3 miles away, rents for 13% less ($1,655/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 14623. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,956/yr
At $1,913/mo median
Location
StateNY
CountyMonroe County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 14623 (Rochester, NY) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 41.4% of residents hold a bachelor's degree or higher.

Population
26,032
Median income
$65,342
Median age
25.3
Renters
49.4%
Age distribution
55.4%
14.7%
Under 189.4%
18–3455.4%
35–5414.7%
55–648.5%
65+11.9%
Gender
55%
45%
Male55%
Female45%
Race & ethnicity
68.5%
15.6%
White68.5%
Black9.7%
Hispanic4.5%
Asian15.6%
Other1.8%
Education (25+)
23.4%
27.5%
41.4%
No HS diploma7.8%
HS diploma23.4%
Some college27.5%
Bachelor's+41.4%
Housing tenure
50.6%
49.4%
Owner50.6%
Renter49.4%

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

2021 vs 2026

How ZIP 14623 in Rochester, NY has changed in 5 years

Income
$56,533 → $65,342
up 15.6%
Population
25,995 → 26,032
up 0.1%
Renter share
45.4% → 49.4%
+4.0 pts
Bachelor's+
39.8% → 41.4%
+1.6 pts
Median age
26 → 25.3
-0.7 yrs

Census figures show median household income at $65,342 today, compared with $56,533 five years earlier. Renters now make up 49.4% of households, compared with 45.4% five years ago.

Community

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Local insights

Tips for renters in ZIP 14623

About renting in ZIP 14623

Last updated: September 25, 2026

ZIP code 14623 covers Rochester, NY. The median rent here is $1,913/mo as of September 2026. A 1-bedroom rents for a median of $1,390/mo. A 2-bedroom rents for a median of $1,740/mo.

At 35% of local median household income ($65,342/yr), ZIP 14623 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14623?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (about $37/hour full-time) to afford the median rent of $1,913/mo in ZIP 14623. The local median household income is $65,342/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 14623?

Rent in ZIP 14623 has risen 3.9% over the past year.

How does ZIP 14623 compare to other ZIPs in New York?

ZIP 14623 is one of the more affordable among New York ZIP codes for rent, ranking #238 of 341 at $1,913/mo. Over the year to August 2026, rent in ZIP 14623 changed +3.9%, against a typical +5.5% across the 248 New York ZIP codes Zillow tracks.

How does ZIP 14623 compare to the rest of Rochester?

At $1,913/mo, ZIP 14623 is $437 above the Rochester citywide median of $1,476/mo. It is the 19th cheapest of 19 ZIP codes in Rochester.
Income Affordability
35%
MODERATE

At $1,913/mo, rent takes ~35% of ZIP 14623's median household income ($65,342/yr). The standard benchmark is 30%.

ZIP 14623 35%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 14623 (Rochester, NY)

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