Rental numbers for Putnam County, NY
The typical home here runs -$2,399 a month at 7.78% with 25% down.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- -$2,399/mo
- at 7.78%, 25% down
- Typical price
- $577,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,739/mo
- Zillow ZORI, Aug 2026
ZIP codes in Putnam County
8 with published figures
| 10537Lake Peekskill | $433,000 | $3,510* | 9.7% | 4.7% | -$654 | n/a |
| 10579Putnam Valley | $632,000 | $3,640* | 6.9% | 2.9% | -$1,895 | n/a |
| 12563Patterson | $482,000 | $2,620* | 6.5% | 1.8% | -$1,864 | n/a |
| 10509Brewster | $538,000 | $2,820* | 6.3% | 2.0% | -$2,014 | n/a |
| 10512Carmel | $516,000 | $2,510* | 5.8% | 1.3% | -$2,244 | n/a |
| 10524Garrison | $781,000 | $3,690* | 5.7% | 1.9% | -$2,974 | n/a |
| 10541Mahopac | $637,000 | $2,940* | 5.5% | 1.5% | -$2,615 | n/a |
| 10516Cold Spring | $745,000 | $2,750* | 4.4% | 1.0% | -$3,380 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.7%
- Rent, 12 months
- +7.8%
- Rent minus price growth
- +2.0 pts
- Property tax
- 2.12%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $426,627 | n/a |
| Aug 2022 | $470,918 | n/a |
| Aug 2023 | $485,608 | $2,335 |
| Aug 2024 | $526,549 | $2,444 |
| Aug 2025 | $546,100 | $2,542 |
| Aug 2026 | $577,337 | $2,739 |
HUD Fair Market Rent
FY2027, New York, NY HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $2,593 | $2,729 | $2,971 | $3,760 | $4,121 |
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
- 3.0
- 107 units, last 12 months
- National percentile
- 35th
- among US counties
Tools
Test a listing in Putnam County against today's rate.
Open the calculatorPart of the New York, NY metro.
Questions
- Is Putnam County good for rental property?
- The typical home here runs -$2,399 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 Putnam County?
- About 2.12% of value, from Census ACS median taxes paid over median home value. On a $577,000 home that is about $12,251 a year.
- What is Fair Market Rent in Putnam County?
- HUD's FY2027 Fair Market Rent here is $2,729 for a 1-bedroom, $2,971 for a 2-bedroom and $3,760 for a 3-bedroom. Typical cash flow at today's rate is -$2,399 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.