Updated 5+ Days Ago
Highlights
- All utilities included
- Private bedroom
- Utilities included
Location
5 Colfax Ave, Binghamton, NY 13905, USA|First Ward
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Property Overview
5 Colfax Avenue earns a strong overall rating, supported by excellent amenities, location, and quality scores. It includes utilities, a private bedroom, and all utilities included, while also standing out for value per square foot and proximity to a top-rated middle school.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Middle school nearby
- Outdoor space
Great for
Social life
Floor plans
| 5 Colfax Avenue - Rm 2 | 1 bed | 1 bath | 300 sqft | $400 /mo | Single person room within a 5 person house. This is a shared living environment. Each tenant has their private bedroom, with a locked door but shares the kitchen and bathroom facility. Perfect for the individual who is trying to save money. |
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Amenities for 5 Colfax Avenue
Apartment Amenities
| Electric | Gas Utilities |
| Heat | Hot Water |
| Utilities/Sewer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About 5 Colfax Avenue
Single person room within a 5 person house. This is a shared living environment. Each tenant has their private bedroom, with a locked door but shares the kitchen and bathroom facility. Perfect for the individual who is trying to save money.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 5 Colfax Avenue is a great option for renters. While some aspects, like Price, might not be as distinguished as other properties nearby, 5 Colfax Avenue has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
5 Colfax Avenue is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
5 Colfax Avenue stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5 Colfax Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
5 Colfax Avenue has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
5 Colfax Avenue provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
5 Colfax Avenue is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5 Colfax Avenue compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 300 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in First Ward
1-bedroom apartments at 5 Colfax Avenue cost about 56% less than the average rent price for 1-bedroom apartments in First Ward.
Median rents as of Sep 12 2026.
First Ward
Binghamton
| Month | Median Rent |
|---|---|
| September 2024 | $900 |
| October 2024 | $905 |
| November 2024 | $962 |
| December 2024 | $923 |
| January 2025 | $893 |
| February 2025 | $875 |
| March 2025 | $900 |
| April 2025 | $900 |
| May 2025 | $872 |
| June 2025 | $862 |
| July 2025 | $895 |
| August 2025 | $891 |
| September 2025 | $853 |
| October 2025 | $900 |
| November 2025 | $900 |
| December 2025 | $900 |
| January 2026 | $900 |
| February 2026 | $932 |
| March 2026 | $1,000 |
| April 2026 | $987 |
| May 2026 | $997 |
| June 2026 | $943 |
| July 2026 | $972 |
| August 2026 | $950 |
| September 2026 | $950 |
| Month | Median Rent |
|---|---|
| January 2026 | $857 |
| February 2026 | $1,021 |
| March 2026 | $1,050 |
| April 2026 | $1,036 |
| May 2026 | $1,050 |
| June 2026 | $900 |
| July 2026 | $900 |
| August 2026 | $900 |
Affordability calculator
Can I afford to live at 5 Colfax Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$16,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $16,000 annually to afford this 1-bedroom monthly rent price of $400.
For more information on rent affordability, visit our rent calculator.
Schools near 5 Colfax Avenue
Woodrow Wilson Elementary School
287 prospect st
binghamton, NY, 13905
PK, K-5Public
C
West Middle School
w middle ave
binghamton, NY, 13905
PK, 6-8Public
C+
Binghamton High School
31 main st
binghamton, NY, 13905
PK, 9-12Public
B-
Broome-Delaware-Tioga Boces
435 glenwood rd
binghamton, NY, 13905
K-12Public
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Internet available near 5 Colfax Avenue
Neighborhood
First Ward | Binghamton, NY
Getting around Binghamton near 5 Colfax Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5 Colfax Ave, Binghamton
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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