Rental numbers for Herkimer County, NY
The typical home here runs -$681 a month at 7.78% with 25% down.
- Gross yield
- 7.6%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- -$681/mo
- at 7.78%, 25% down
- Typical price
- $205,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,300/mo
- Zillow ZORI, Aug 2026
ZIP codes in Herkimer County
17 with published figures
| 13350Herkimer | $164,000 | $1,140* | 8.3% | 2.4% | -$551 | n/a |
| 13357Ilion | $160,000 | $1,090* | 8.2% | 2.3% | -$550 | n/a |
| 13365Little Falls | $173,000 | $1,050* | 7.3% | 1.9% | -$652 | n/a |
| 13407Mohawk | $176,000 | $1,050* | 7.1% | 1.9% | -$674 | n/a |
| 13406Middleville | $181,000 | $1,050* | 7.0% | 2.1% | -$653 | n/a |
| 13324Cold Brook | $183,000 | $1,050* | 6.9% | 2.5% | -$597 | n/a |
| 13454Salisbury Center | $183,000 | $1,050* | 6.9% | 1.7% | -$721 | n/a |
| 13322Clayville | $242,000 | $1,340* | 6.6% | 2.0% | -$896 | n/a |
| 13491West Winfield | $216,000 | $1,190* | 6.6% | 2.1% | -$792 | n/a |
| 13340Frankfort | $222,000 | $1,100* | 5.9% | 0.8% | -$1,042 | n/a |
| 13439Richfield Springs | $226,000 | $1,070* | 5.7% | 1.6% | -$922 | n/a |
| 13361Jordanville | $227,000 | $1,070* | 5.7% | 1.1% | -$1,013 | n/a |
| 13416Newport | $227,000 | $1,050* | 5.5% | 1.1% | -$1,004 | n/a |
| 13431Poland | $259,000 | $1,080* | 5.0% | 1.3% | -$1,114 | n/a |
| 13331Eagle Bay | $430,000 | $1,200* | 3.4% | 0.4% | -$2,178 | n/a |
| 13472Thendara | $443,000 | $1,070* | 2.9% | 0.2% | -$2,307 | n/a |
| 13420Old Forge | $528,000 | $1,070* | 2.4% | -0.5% | -$3,052 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.9%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 2.10%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $148,383 | n/a |
| Aug 2022 | $167,656 | n/a |
| Aug 2023 | $172,075 | n/a |
| Aug 2024 | $185,899 | n/a |
| Aug 2025 | $192,081 | n/a |
| Aug 2026 | $205,323 | $1,300 |
HUD Fair Market Rent
FY2027, Utica-Rome, NY MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $857 | $946 | $1,210 | $1,442 | $1,636 |
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
- 1.6
- 41 units, last 12 months
- National percentile
- 22th
- among US counties
Tools
Test a listing in Herkimer County against today's rate.
Open the calculatorPart of the Utica, NY metro.
Questions
- Is Herkimer County good for rental property?
- The typical home here runs -$681 a month at 7.78% with 25% down. 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 Herkimer County?
- About 2.10% of value, from Census ACS median taxes paid over median home value. On a $205,000 home that is about $4,320 a year.
- What is Fair Market Rent in Herkimer County?
- HUD's FY2027 Fair Market Rent here is $946 for a 1-bedroom, $1,210 for a 2-bedroom and $1,442 for a 3-bedroom. Typical cash flow at today's rate is -$681 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.