Rental numbers for Schenectady County, NY
The typical home here runs -$1,457 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 6 ZIPs with full data
- Cash flow
- -$1,457/mo
- at 7.78%, 25% down
- Typical price
- $315,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,490/mo
- Zillow ZORI, Aug 2026
ZIP codes in Schenectady County
13 with published figures
| 12307Schenectady | $189,000 | $1,550* | 9.8% | 3.2% | -$510 | n/a |
| 12306Schenectady | $303,000 | $1,809 | 7.2% | 2.2% | -$1,067 | n/a |
| 12304Schenectady | $265,000 | $1,520* | 6.9% | 1.8% | -$1,032 | n/a |
| 12150Rotterdam Junction | $299,000 | $1,660* | 6.7% | 2.1% | -$1,094 | n/a |
| 12308Schenectady | $268,000 | $1,473 | 6.6% | 1.3% | -$1,160 | n/a |
| 12302Schenectady | $336,000 | $1,738 | 6.2% | 1.5% | -$1,391 | n/a |
| 12008Alplaus | $350,000 | $1,680* | 5.8% | 2.2% | -$1,254 | n/a |
| 12305Schenectady | $297,000 | $1,390 | 5.6% | 0.5% | -$1,465 | +8.1% |
| 12303Schenectady | $325,000 | $1,371 | 5.1% | 0.7% | -$1,558 | n/a |
| 12056Duanesburg | $408,000 | $1,710* | 5.0% | 1.1% | -$1,827 | n/a |
| 12137Pattersonville | $331,000 | $1,340* | 4.9% | 0.4% | -$1,661 | n/a |
| 12053Delanson | $369,000 | $1,340* | 4.4% | 0.7% | -$1,765 | n/a |
| 12309Schenectady | $418,000 | $1,494 | 4.3% | -0.1% | -$2,297 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.3%
- Rent, 12 months
- +2.8%
- Rent minus price growth
- -2.6 pts
- Property tax
- 2.36%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $235,472 | $1,125 |
| Aug 2022 | $258,620 | $1,233 |
| Aug 2023 | $270,605 | $1,299 |
| Aug 2024 | $289,194 | $1,390 |
| Aug 2025 | $298,988 | $1,450 |
| Aug 2026 | $314,934 | $1,490 |
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
- 1.6
- 110 units, last 12 months
- National percentile
- 22th
- among US counties
Tools
Test a listing in Schenectady County against today's rate.
Open the calculatorPart of the Albany, NY metro.
Questions
- Is Schenectady County good for rental property?
- The typical home here runs -$1,457 a month at 7.78% with 25% down. 0 of 6 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.9%. 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 Schenectady County?
- About 2.36% of value, from Census ACS median taxes paid over median home value. On a $315,000 home that is about $7,439 a year.
- What is Fair Market Rent in Schenectady 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 -$1,457 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.