Rental numbers for Cortland County, NY
The typical home here runs -$868 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%.
- Gross yield
- 7.0%
- typical home, Zillow
- Median ZIP yield
- 6.9%
- 1 ZIPs with full data
- Cash flow
- -$868/mo
- at 7.78%, 25% down
- Typical price
- $210,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,221/mo
- Zillow ZORI, Aug 2026
ZIP codes in Cortland County
9 with published figures
| 13784Harford | $175,000 | $1,500* | 10.3% | 4.2% | -$332 | n/a |
| 13863Willet | $157,000 | $1,250* | 9.6% | 3.5% | -$385 | n/a |
| 13101Mc Graw | $184,000 | $1,130* | 7.4% | 1.8% | -$720 | n/a |
| 13158Cuyler | $200,000 | $1,190* | 7.1% | 1.7% | -$800 | n/a |
| 13077Homer | $235,000 | $1,380* | 7.1% | 1.6% | -$944 | n/a |
| 13040Cincinnatus | $183,000 | $1,070* | 7.0% | 1.3% | -$781 | n/a |
| 13141Preble | $225,000 | $1,300* | 6.9% | 1.9% | -$846 | n/a |
| 13045Cortland | $210,000 | $1,210 | 6.9% | 1.4% | -$894 | +7.9% |
| 13803Marathon | $209,000 | $1,140* | 6.6% | 1.6% | -$854 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.5%
- Rent, 12 months
- +7.5%
- Rent minus price growth
- +0.9 pts
- Property tax
- 2.56%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $156,058 | n/a |
| Aug 2022 | $172,426 | n/a |
| Aug 2023 | $177,426 | $1,064 |
| Aug 2024 | $187,400 | $1,108 |
| Aug 2025 | $197,126 | $1,136 |
| Aug 2026 | $210,017 | $1,221 |
HUD Fair Market Rent
FY2027, Cortland County, NY
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $934 | $940 | $1,171 | $1,473 | $1,957 |
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
- 5.3
- 101 units, last 12 months
- National percentile
- 50th
- among US counties
Tools
Test a listing in Cortland County against today's rate.
Open the calculatorPart of the Cortland, NY metro.
Questions
- Is Cortland County good for rental property?
- The typical home here runs -$868 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%. 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 Cortland County?
- About 2.56% of value, from Census ACS median taxes paid over median home value. On a $210,000 home that is about $5,376 a year.
- What is Fair Market Rent in Cortland County?
- HUD's FY2027 Fair Market Rent here is $940 for a 1-bedroom, $1,171 for a 2-bedroom and $1,473 for a 3-bedroom. Typical cash flow at today's rate is -$868 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.