Rochester, NY
Commercial Real Estate Market Trends & Data
Rochester's Demographic Profile
Rochester has 88,747 households and a median income of $43,051, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 200,496 |
| # Households | 88,747 |
| Median age | 35 |
| Median household income | $43,051 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 59,876 |
| 5-year population change | -2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Rochester, NY
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Rochester | $139 | 22,326 SF | 8.20% |
| Gates | $139 | 16,848 SF | 8.20% |
| Brighton | $207 | 31,984 SF | 8.20% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Rochester | $77 | 54,647 SF | 9.00% |
| Gates | $75 | 38,365 SF | 9.00% |
| Brighton | $102 | 32,584 SF | 7.24% |
| Greece | $66 | 45,489 SF | 9.00% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Rochester | $241 | 15,550 SF |
| Gates | $279 | 18,484 SF |
| Irondequoit | $313 | 10,345 SF |
| Brighton | $228 | 20,891 SF |
| Greece | $353 | 18,696 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Rochester | $107 | 28,017 SF | 17.32% |
| Gates | $96 | 22,162 SF | 17.32% |
| Irondequoit | $98 | 68,283 SF | 9.10% |
| Greece | $115 | 22,485 SF | 17.32% |
Commercial Properties For Sale in Rochester
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Rochester pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Rochester | $174 | 24,885 SF |
| Gates | $155 | 23,220 SF |
| Irondequoit | $300 | 21,630 SF |
| Brighton | $197 | 23,171 SF |
| Greece | $194 | 22,864 SF |
Multifamily Properties For Sale in Rochester
Regional Demographic Comparison
This comparison places Rochester alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Rochester or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Rochester | 200,496 | 88,747 | 35 | $43,051 | 2 | 59,876 | -2% |
| Gates | 14,225 | 6,371 | 44 | $67,766 | 2 | 2,040 | -2% |
| Irondequoit | 50,724 | 22,182 | 44 | $69,845 | 2 | 5,228 | -1% |
| Brighton | 37,270 | 16,336 | 40 | $75,384 | 2 | 7,552 | -1% |
| Greece | 13,867 | 6,197 | 44 | $69,795 | 2 | 1,890 | -2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Rochester, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Rochester
Rochester offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Rochester. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Rochester. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Rochester. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Rochester, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
- Rochester Commercial Real Estate Properties
- Gates Commercial Real Estate Properties
- Irondequoit Commercial Real Estate Properties
- Brighton Commercial Real Estate Properties
- Greece Commercial Real Estate Properties
- Henrietta Commercial Real Estate Properties
- Spencerport Commercial Real Estate Properties
- Ogden Commercial Real Estate Properties
- West Henrietta Commercial Real Estate Properties
- North Chili Commercial Real Estate Properties
- Penfield Commercial Real Estate Properties
- Webster Commercial Real Estate Properties
- Pittsford Commercial Real Estate Properties
- Hilton Commercial Real Estate Properties
- Churchville Commercial Real Estate Properties
- Scottsville Commercial Real Estate Properties
- Fairport Commercial Real Estate Properties
- Rush Commercial Real Estate Properties
- Brockport Commercial Real Estate Properties
- Mendon Commercial Real Estate Properties
- Clarkson Commercial Real Estate Properties
- Honeoye Falls Commercial Real Estate Properties
- Hamlin Commercial Real Estate Properties
- Ontario Commercial Real Estate Properties
- Macedon Commercial Real Estate Properties
- Walworth Commercial Real Estate Properties
- Victor Commercial Real Estate Properties
- Caledonia Commercial Real Estate Properties
- View more
- View less
- Atlanta, GA Market Trends
- Austin, TX Market Trends
- Boston, MA Market Trends
- Charlotte, NC Market Trends
- Chicago, IL Market Trends
- Columbus, OH Market Trends
- Dallas, TX Market Trends
- Denver, CO Market Trends
- Fort Worth, TX Market Trends
- Houston, TX Market Trends
- Indianapolis, IN Market Trends
- Jacksonville, FL Market Trends
- Kansas City, MO Market Trends
- Las Vegas, NV Market Trends
- Los Angeles, CA Market Trends
- Nashville, TN Market Trends
- Philadelphia, PA Market Trends
- Phoenix, AZ Market Trends
- San Diego, CA Market Trends
- San Francisco, CA Market Trends
- San Jose, CA Market Trends
- Seattle, WA Market Trends
- Washington, DC Market Trends
- View more
- View less