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studio apartments
Last updated February 17 2020 at 10:20 PM

3 Studio Apartments for rent in Binghamton, NY

Last updated February 21 at 05:58pm
1 Unit Available
1111 CONKLIN
1111 Conklin Road, Broome County, NY
Studio
$1,500
1800 sqft
AT $10 per SF, this PREMIUM retail space is available now at a very reasonable price. This former bank is part of the Reliable Market/ Family Dollar Plaza. Two very well established and long standing businesses.
Results within 10 miles of Binghamton
Last updated February 21 at 05:58pm
Endicott Historic District
1 Unit Available
56 Washington Avenue
56 Washington Avenue, Endicott, NY
Studio
$1,500
2375 sqft
Don't miss this opportunity. Street-level retail with storage on Washington Ave. in Endicott. 2,375 SF of Retail space PLUS 2,375 SF of basement storage for $1,500 per month plus utilities! Great opportunity.
Last updated February 21 at 05:58pm
1 Unit Available
124 Nanticoke
124 Nanticoke Avenue, Endicott, NY
Studio
$1,600
1615 sqft
FIRST MONTH FREE! Large store front commercial space in high traffic area. Great for any business. Open layout, with private office space. Municipal district, low utilities.

February 2020 Binghamton Rent Report

Welcome to the February 2020 Binghamton Rent Report. Binghamton rents increased over the past month. In this report, we'll evaluate trends in the Binghamton rental market, including comparisons to similar cities nationwide.

View full Rent Report

February 2020 Binghamton Rent Report

Welcome to the February 2020 Binghamton Rent Report. Binghamton rents increased over the past month. In this report, we'll evaluate trends in the Binghamton rental market, including comparisons to similar cities nationwide.

Binghamton rents increased significantly over the past month

Binghamton rents have increased 0.5% over the past month, but are down slightly by 0.1% in comparison to the same time last year. Currently, median rents in Binghamton stand at $718 for a one-bedroom apartment and $923 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in September of last year. Binghamton's year-over-year rent growth lags the state average of 1.2%, as well as the national average of 1.6%.

    Binghamton rents more affordable than many large cities nationwide

    As rents have fallen slightly in Binghamton, many large cities nationwide have seen prices increase, in some cases substantially. Binghamton is also more affordable than most large cities across the country.

    • Binghamton's median two-bedroom rent of $923 is below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 0.1% decline in Binghamton.
    • While rents in Binghamton fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+3.7%), Dallas (+2.4%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Binghamton than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three times the price in Binghamton.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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