Rental numbers for Jefferson County, NY
The typical home here runs -$634 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.2%.
- Gross yield
- 7.7%
- typical home, Zillow
- Median ZIP yield
- 8.2%
- 2 ZIPs with full data
- Cash flow
- -$634/mo
- at 7.78%, 25% down
- Typical price
- $236,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,504/mo
- Zillow ZORI, Aug 2026
ZIP codes in Jefferson County
26 with published figures
| 13601Watertown | $205,000 | $1,565 | 9.2% | 4.3% | -$369 | +9.5% |
| 13608Antwerp | $172,000 | $1,160* | 8.1% | 2.9% | -$513 | n/a |
| 13659Lorraine | $174,000 | $1,170* | 8.1% | 3.2% | -$468 | n/a |
| 13616Calcium | $226,000 | $1,420* | 7.5% | 2.9% | -$668 | n/a |
| 13638Fleet Mills | $186,000 | $1,160* | 7.5% | 3.2% | -$499 | n/a |
| 13682Rodman | $243,000 | $1,510* | 7.4% | 3.5% | -$604 | n/a |
| 13619Carthage | $209,000 | $1,259 | 7.2% | 2.5% | -$683 | n/a |
| 13673Philadelphia | $206,000 | $1,190* | 6.9% | 2.7% | -$641 | n/a |
| 13606Adams Center | $238,000 | $1,360* | 6.9% | 2.6% | -$761 | n/a |
| 13637Evans Mills | $268,000 | $1,500* | 6.7% | 3.1% | -$748 | n/a |
| 13656La Fargeville | $209,000 | $1,160* | 6.7% | 2.5% | -$684 | n/a |
| 13615Brownville | $218,000 | $1,160* | 6.4% | 1.7% | -$872 | n/a |
| 13691Theresa | $219,000 | $1,160* | 6.4% | 2.3% | -$762 | n/a |
| 13661Mannsville | $226,000 | $1,190* | 6.3% | 2.1% | -$813 | n/a |
| 13685Sackets Harbor | $303,000 | $1,570* | 6.2% | 2.1% | -$1,097 | n/a |
| 13605Adams | $225,000 | $1,160* | 6.2% | 1.6% | -$920 | n/a |
| 13679Redwood | $229,000 | $1,160* | 6.1% | 2.0% | -$851 | n/a |
| 13622Chaumont | $267,000 | $1,280* | 5.8% | 1.7% | -$1,053 | n/a |
| 13634Dexter | $247,000 | $1,170* | 5.7% | 1.8% | -$961 | n/a |
| 13612Black River | $251,000 | $1,160* | 5.5% | 1.4% | -$1,064 | n/a |
| 13618Cape Vincent | $257,000 | $1,160* | 5.4% | 1.4% | -$1,085 | n/a |
| 13693Three Mile Bay | $273,000 | $1,180* | 5.2% | 1.0% | -$1,245 | n/a |
| 13650Henderson | $281,000 | $1,160* | 5.0% | 1.0% | -$1,272 | n/a |
| 13607Alexandria Bay | $285,000 | $1,160* | 4.9% | 0.6% | -$1,392 | n/a |
| 13624Clayton | $335,000 | $1,170* | 4.2% | 0.6% | -$1,636 | n/a |
| 13640Alexandria Bay | $490,000 | $1,160* | 2.8% | -0.5% | -$2,867 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.1%
- Rent, 12 months
- +7.0%
- Rent minus price growth
- +1.0 pts
- Property tax
- 1.54%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $180,219 | n/a |
| Aug 2022 | $200,946 | $1,245 |
| Aug 2023 | $204,596 | $1,298 |
| Aug 2024 | $220,542 | $1,345 |
| Aug 2025 | $222,112 | $1,405 |
| Aug 2026 | $235,648 | $1,504 |
HUD Fair Market Rent
FY2027, Watertown-Fort Drum, NY MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,012 | $1,111 | $1,453 | $1,995 | $2,376 |
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
- 5.7
- 269 units, last 12 months
- National percentile
- 52th
- among US counties
Tools
Test a listing in Jefferson County against today's rate.
Open the calculatorPart of the Watertown, NY metro.
Questions
- Is Jefferson County good for rental property?
- The typical home here runs -$634 a month at 7.78% with 25% down, breaking even at about 1.8%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 8.2%. 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 Jefferson County?
- About 1.54% of value, from Census ACS median taxes paid over median home value. On a $236,000 home that is about $3,629 a year.
- What is Fair Market Rent in Jefferson County?
- HUD's FY2027 Fair Market Rent here is $1,111 for a 1-bedroom, $1,453 for a 2-bedroom and $1,995 for a 3-bedroom. Typical cash flow at today's rate is -$634 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.