Rental numbers for Rensselaer County, NY
The typical home here runs -$1,431 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 6.5%
- 3 ZIPs with full data
- Cash flow
- -$1,431/mo
- at 7.78%, 25% down
- Typical price
- $329,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,556/mo
- Zillow ZORI, Aug 2026
ZIP codes in Rensselaer County
24 with published figures
| 12022Berlin | $260,000 | $1,710* | 7.9% | 3.3% | -$678 | n/a |
| 12052Cropseyville | $304,000 | $1,880* | 7.4% | 3.0% | -$883 | n/a |
| 12138Petersburg | $275,000 | $1,650* | 7.2% | 2.8% | -$830 | n/a |
| 12144Rensselaer | $319,000 | $1,891 | 7.1% | 2.3% | -$1,098 | +0.4% |
| 12090Hoosick Falls | $234,000 | $1,340* | 6.9% | 1.7% | -$936 | n/a |
| 12182Troy | $269,000 | $1,458 | 6.5% | 1.8% | -$1,049 | n/a |
| 12061East Greenbush | $421,000 | $2,260* | 6.4% | 2.0% | -$1,576 | n/a |
| 12169Stephentown | $325,000 | $1,710* | 6.3% | 1.9% | -$1,236 | n/a |
| 12168Stephentown | $329,000 | $1,630* | 5.9% | 2.1% | -$1,191 | n/a |
| 12153Sand Lake | $371,000 | $1,820* | 5.9% | 2.0% | -$1,375 | n/a |
| 12018Averill Park | $399,000 | $1,930* | 5.8% | 1.6% | -$1,612 | n/a |
| 12033Castleton-on-Hudson | $379,000 | $1,830* | 5.8% | 1.3% | -$1,619 | n/a |
| 12180Troy | $313,000 | $1,491 | 5.7% | 1.3% | -$1,362 | +7.5% |
| 12185Valley Falls | $324,000 | $1,540* | 5.7% | 1.4% | -$1,362 | n/a |
| 12094Johnsonville | $334,000 | $1,530* | 5.5% | 1.4% | -$1,425 | n/a |
| 12062East Nassau | $329,000 | $1,450* | 5.3% | 1.2% | -$1,444 | n/a |
| 12198Wynantskill | $353,000 | $1,550* | 5.3% | 0.9% | -$1,624 | n/a |
| 12121Melrose | $351,000 | $1,470* | 5.0% | 1.5% | -$1,451 | n/a |
| 12123Nassau | $332,000 | $1,370* | 5.0% | 0.6% | -$1,624 | n/a |
| 12063East Schodack | $464,000 | $1,800* | 4.7% | 0.5% | -$2,284 | n/a |
| 12154Schaghticoke | $362,000 | $1,340* | 4.4% | 0.5% | -$1,812 | n/a |
| 12156Schodack Landing | $451,000 | $1,650* | 4.4% | 0.1% | -$2,392 | n/a |
| 12196West Sand Lake | $410,000 | $1,450* | 4.2% | 0.2% | -$2,129 | n/a |
| 12140Poestenkill | $384,000 | $1,340* | 4.2% | 0.1% | -$2,051 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.2%
- Rent, 12 months
- +5.8%
- Rent minus price growth
- -0.5 pts
- Property tax
- 2.05%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $247,887 | $1,162 |
| Aug 2022 | $274,207 | $1,271 |
| Aug 2023 | $280,004 | $1,336 |
| Aug 2024 | $297,600 | $1,419 |
| Aug 2025 | $309,910 | $1,471 |
| Aug 2026 | $329,236 | $1,556 |
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
- 3.9
- 260 units, last 12 months
- National percentile
- 41th
- among US counties
Tools
Test a listing in Rensselaer County against today's rate.
Open the calculatorPart of the Albany, NY metro.
Questions
- Is Rensselaer County good for rental property?
- The typical home here runs -$1,431 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%. 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 Rensselaer County?
- About 2.05% of value, from Census ACS median taxes paid over median home value. On a $329,000 home that is about $6,753 a year.
- What is Fair Market Rent in Rensselaer 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 -$1,431 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.