Commercial Real Estate Market in Rochester, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
903 active listings and 10,220 off-market properties in Rochester, NY. Commercial property asks $74/SF to buy and $15.00/SF/Yr to lease. Office vacancy runs 20.7%, the loosest of the segments tracked here.
Market Trends
Rochester, NY spans 160.7 square miles in Monroe County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Rochester, NY asks $18.58/SF/Yr to lease, and the average asking price across Monroe County is $102/SF. Vacancy runs 20.7% in 2025, up from 8.6% in 2019. Down from a 2022 peak of 22.8%.
Retail
Across Monroe County, retail space asks $80/SF to buy. Retail vacancy in Rochester, NY runs 9.9% in 2025, little changed from 9.6% in 2020. Nearly 1.2x the 2023 low of 8.6%.
Industrial
Industrial vacancy in Rochester, NY runs 6.7% in 2025, down from 7.2% in 2019. Nearly 1.5x the 2021 low of 4.4%.
Multifamily
Across Monroe County, multifamily space asks $67/SF to buy. Multifamily vacancy in Rochester, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 51.1%
- Industrial 18.1%
- Open space 17.2%
- Planned_development 5%
- Commercial 4.9%
- Civic 0.6%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Rochester, NY zones 23,490 acres across 77 districts. Commercial zoning covers 4.9% of zoned land, residential 51.1%, open space 17.2% and industrial 18.1%. The largest single district is Low Density Residential at 40.6%. For commercial buyers the practical constraint is that only 23% of land carries a commercial or industrial designation.
The R-1 Low-Density Residential District is intended to maintain residential areas at relatively low densities. The R-1 District is a distinct urban area that is characterized predominantly by owner-occupied, single-family detached and attached homes but often contains a diverse mix of other preexisting higher-density residential uses. Each R-1 neighborhood…
Market overview
Demographics & Economy
Rochester, NY has 481,148 residents in 220,088 households. Density runs 2,993 people per square mile. Median household income here is $66,326 and median gross rent $1,127 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Pittsford | $188 | $18.63 |
| Henrietta | $174 | $19.80 |
| Penfield | $200 | $24.00 |
Commercial property in Rochester, NY asks $74/SF. The 3 bordering markets run from $174/SF in Henrietta to $200/SF in Penfield, and the city sits below their $188/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Rochester?
How much does it cost to lease commercial space in Rochester?
What is the office vacancy rate in Rochester?
Which property type has the lowest vacancy in Rochester?
How does Rochester compare to nearby markets on price?
What zoning applies to commercial property in Rochester?
Where does Realmo's Rochester market data come from?
Methodology & data sources
- Asking prices and medians
- There are 613 active for-sale and 290 active for-lease listings in Rochester, NY. The medians are based on 265 of the for-sale and 79 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,490 zoned acres across 77 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- multifamily vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
