Rental numbers for Albany County, NY
The typical home here runs -$1,598 a month at 7.78% with 25% down. 0 of 11 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%.
- Gross yield
- 5.4%
- typical home, Zillow
- Median ZIP yield
- 6.4%
- 11 ZIPs with full data
- Cash flow
- -$1,598/mo
- at 7.78%, 25% down
- Typical price
- $374,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,671/mo
- Zillow ZORI, Aug 2026
ZIP codes in Albany County
33 with published figures
| 12045Coeymans | $259,000 | $2,050* | 9.5% | 4.7% | -$382 | n/a |
| 12202Albany | $186,000 | $1,405 | 9.1% | 4.5% | -$305 | +15.9% |
| 12206Albany | $231,000 | $1,733 | 9.0% | 4.5% | -$386 | +1.6% |
| 12204Menands | $356,000 | $2,176 | 7.3% | 2.6% | -$1,141 | n/a |
| 12158Selkirk | $373,000 | $2,270* | 7.3% | 3.1% | -$1,051 | n/a |
| 12110Latham | $413,000 | $2,450 | 7.1% | 3.4% | -$1,072 | n/a |
| 12209Albany | $273,000 | $1,575 | 6.9% | 2.1% | -$1,006 | n/a |
| 12183Troy | $251,000 | $1,420* | 6.8% | 1.5% | -$1,050 | n/a |
| 12205Albany | $337,000 | $1,890* | 6.7% | 2.8% | -$1,035 | n/a |
| 12041Clarksville | $289,000 | $1,590* | 6.6% | 2.0% | -$1,067 | n/a |
| 12210Albany | $270,000 | $1,448 | 6.4% | 2.4% | -$906 | +7.1% |
| 12469Preston Hollow | $305,000 | $1,590* | 6.3% | 1.9% | -$1,156 | n/a |
| 12047Cohoes | $343,000 | $1,782 | 6.2% | 1.9% | -$1,297 | +6.1% |
| 12203Albany | $341,000 | $1,707 | 6.0% | 1.3% | -$1,459 | +5.1% |
| 12120Medusa | $351,000 | $1,730* | 5.9% | 1.3% | -$1,504 | n/a |
| 12143Ravena | $298,000 | $1,450* | 5.8% | 1.6% | -$1,207 | n/a |
| 12208Albany | $332,000 | $1,597 | 5.8% | 1.1% | -$1,489 | +4.7% |
| 12054Delmar | $459,000 | $2,171 | 5.7% | 1.4% | -$1,950 | n/a |
| 12023Berne | $329,000 | $1,540* | 5.6% | 1.5% | -$1,349 | n/a |
| 12147Rensselaerville | $372,000 | $1,730* | 5.6% | 1.1% | -$1,659 | n/a |
| 12211Albany | $488,000 | $2,250* | 5.5% | 1.8% | -$1,889 | n/a |
| 12460Oak Hill | $322,000 | $1,480* | 5.5% | 2.3% | -$1,124 | n/a |
| 12189Watervliet | $317,000 | $1,449 | 5.5% | 1.4% | -$1,330 | +4.8% |
| 12046Coeymans Hollow | $337,000 | $1,520* | 5.4% | 2.1% | -$1,220 | n/a |
| 12059East Berne | $350,000 | $1,500* | 5.1% | 1.7% | -$1,388 | n/a |
| 12084Guilderland | $510,000 | $2,100* | 4.9% | 0.9% | -$2,356 | n/a |
| 12083Greenville | $332,000 | $1,340* | 4.8% | 0.8% | -$1,579 | n/a |
| 12193Westerlo | $341,000 | $1,370* | 4.8% | 1.6% | -$1,377 | n/a |
| 12009Altamont | $428,000 | $1,710* | 4.8% | 1.0% | -$1,943 | n/a |
| 12077Glenmont | $499,000 | $1,940* | 4.7% | 0.5% | -$2,494 | n/a |
| 12067Feura Bush | $389,000 | $1,480* | 4.6% | 0.9% | -$1,810 | n/a |
| 12186Voorheesville | $425,000 | $1,590* | 4.5% | 0.7% | -$2,053 | n/a |
| 12159Slingerlands | $586,000 | $1,990* | 4.1% | 0.1% | -$3,109 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.3%
- Rent, 12 months
- +4.2%
- Rent minus price growth
- -0.1 pts
- Property tax
- 1.76%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $283,349 | $1,324 |
| Aug 2022 | $309,291 | $1,407 |
| Aug 2023 | $323,280 | $1,478 |
| Aug 2024 | $344,074 | $1,528 |
| Aug 2025 | $358,774 | $1,603 |
| Aug 2026 | $374,202 | $1,671 |
HUD Fair Market Rent
FY2027, Albany-Schenectady-Troy, NY MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,238 | $1,425 | $1,711 | $2,039 | $2,249 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.2
- 566 units, last 12 months
- National percentile
- 44th
- among US counties
Tools
Test a listing in Albany County against today's rate.
Open the calculatorPart of the Albany, NY metro.
Questions
- Is Albany County good for rental property?
- The typical home here runs -$1,598 a month at 7.78% with 25% down. 0 of 11 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.4%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Albany County?
- About 1.76% of value, from Census ACS median taxes paid over median home value. On a $374,000 home that is about $6,605 a year.
- What is Fair Market Rent in Albany County?
- HUD's FY2027 Fair Market Rent here is $1,425 for a 1-bedroom, $1,711 for a 2-bedroom and $2,039 for a 3-bedroom. Typical cash flow at today's rate is -$1,598 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.