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Rent Inflation in Rochester, NY

The average asking rent in Rochester, NY is $1,576/month as of 2026-04. That is +3.3% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,576/mo

as of 2026-04

Year-over-Year Change

+3.3%

24-Month Rent Trend

Monthly ZORI index values for Rochester, NY.

Month Avg Asking Rent Change from Prior Month
2026-04 $1,576 +0.13%
2026-03 $1,574 +0.06%
2026-02 $1,573 +0.19%
2026-01 $1,570 +0.26%
2025-12 $1,566 +0.38%
2025-11 $1,560 +0.00%
2025-10 $1,560 +0.26%
2025-09 $1,556 +0.13%
2025-08 $1,554 +0.32%
2025-07 $1,549 +0.52%
2025-06 $1,541 +0.46%
2025-05 $1,534 +0.52%
2025-04 $1,526 +0.13%
2025-03 $1,524 +0.86%
2025-02 $1,511 +0.73%
2025-01 $1,500 +0.81%
2024-12 $1,488 +0.40%
2024-11 $1,482 +0.54%
2024-10 $1,474 +0.14%
2024-09 $1,472 +0.00%
2024-08 $1,472 -0.07%
2024-07 $1,473 +0.14%
2024-06 $1,471 +0.62%
2024-05 $1,462

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices