Rental numbers for the Albany, NY metro
The typical home here runs -$1,612 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.8%.
- Gross yield
- 5.4%
- typical home, Zillow
- Median ZIP yield
- 5.8%
- 27 ZIPs with full data
- Cash flow
- -$1,612/mo
- at 7.78%, 25% down
- Typical price
- $375,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,682/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
110 with published figures
| 12307Schenectady | $189,000 | $1,550* | 9.8% | 3.2% | -$510 | n/a |
| 12045Coeymans | $259,000 | $2,050* | 9.5% | 4.7% | -$382 | n/a |
| 12202Albany | $186,000 | $1,405 | 9.1% | 4.5% | -$305 | +15.9% |
| 12206Albany | $231,000 | $1,733 | 9.0% | 4.5% | -$386 | +1.6% |
| 12022Berlin | $260,000 | $1,710* | 7.9% | 3.3% | -$678 | n/a |
| 12076Gilboa | $236,000 | $1,510* | 7.7% | 3.6% | -$560 | n/a |
| 12035Central Bridge | $227,000 | $1,410* | 7.4% | 3.3% | -$599 | n/a |
| 12052Cropseyville | $304,000 | $1,880* | 7.4% | 3.0% | -$883 | n/a |
| 12036Charlotteville | $219,000 | $1,340* | 7.3% | 3.0% | -$637 | n/a |
| 12204Menands | $356,000 | $2,176 | 7.3% | 2.6% | -$1,141 | n/a |
| 13459Sharon Springs | $236,000 | $1,440* | 7.3% | 2.6% | -$765 | n/a |
| 12158Selkirk | $373,000 | $2,270* | 7.3% | 3.1% | -$1,051 | n/a |
| 12138Petersburg | $275,000 | $1,650* | 7.2% | 2.8% | -$830 | n/a |
| 12306Schenectady | $303,000 | $1,809 | 7.2% | 2.2% | -$1,067 | n/a |
| 12071Fultonham | $225,000 | $1,340* | 7.2% | 2.4% | -$770 | n/a |
| 12110Latham | $413,000 | $2,450 | 7.1% | 3.4% | -$1,072 | n/a |
| 12884Victory Mills | $226,000 | $1,340* | 7.1% | 2.3% | -$778 | n/a |
| 12144Rensselaer | $319,000 | $1,891 | 7.1% | 2.3% | -$1,098 | +0.4% |
| 12092Howes Cave | $244,000 | $1,440* | 7.1% | 2.5% | -$808 | n/a |
| 12209Albany | $273,000 | $1,575 | 6.9% | 2.1% | -$1,006 | n/a |
| 12090Hoosick Falls | $234,000 | $1,340* | 6.9% | 1.7% | -$936 | n/a |
| 12304Schenectady | $265,000 | $1,520* | 6.9% | 1.8% | -$1,032 | n/a |
| 12074Galway | $352,000 | $2,000* | 6.8% | 3.0% | -$1,029 | n/a |
| 12183Troy | $251,000 | $1,420* | 6.8% | 1.5% | -$1,050 | n/a |
| 12194West Fulton | $239,000 | $1,340* | 6.7% | 1.8% | -$920 | n/a |
| 12205Albany | $337,000 | $1,890* | 6.7% | 2.8% | -$1,035 | n/a |
| 12122Middleburgh | $241,000 | $1,340* | 6.7% | 1.5% | -$987 | n/a |
| 12150Rotterdam Junction | $299,000 | $1,660* | 6.7% | 2.1% | -$1,094 | n/a |
| 12041Clarksville | $289,000 | $1,590* | 6.6% | 2.0% | -$1,067 | n/a |
| 12308Schenectady | $268,000 | $1,473 | 6.6% | 1.3% | -$1,160 | n/a |
| 12167Stamford | $247,000 | $1,340* | 6.5% | 2.0% | -$910 | n/a |
| 12828Fort Edward | $282,000 | $1,530* | 6.5% | 2.3% | -$984 | n/a |
| 12182Troy | $269,000 | $1,458 | 6.5% | 1.8% | -$1,049 | n/a |
| 12175Summit | $248,000 | $1,340* | 6.5% | 2.1% | -$893 | n/a |
| 12149Richmondville | $250,000 | $1,340* | 6.4% | 1.5% | -$1,031 | n/a |
| 12210Albany | $270,000 | $1,448 | 6.4% | 2.4% | -$906 | +7.1% |
| 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 |
| 12151Round Lake | $438,000 | $2,290* | 6.3% | 2.4% | -$1,484 | n/a |
| 12469Preston Hollow | $305,000 | $1,590* | 6.3% | 1.9% | -$1,156 | n/a |
| 12047Cohoes | $343,000 | $1,782 | 6.2% | 1.9% | -$1,297 | +6.1% |
| 12302Schenectady | $336,000 | $1,738 | 6.2% | 1.5% | -$1,391 | n/a |
| 12043Cobleskill | $264,000 | $1,340* | 6.1% | 1.2% | -$1,166 | n/a |
| 12093Jefferson | $266,000 | $1,340* | 6.0% | 1.3% | -$1,142 | n/a |
| 12203Albany | $341,000 | $1,707 | 6.0% | 1.3% | -$1,459 | +5.1% |
| 12168Stephentown | $329,000 | $1,630* | 5.9% | 2.1% | -$1,191 | n/a |
| 12803South Glens Falls | $317,000 | $1,570* | 5.9% | 2.0% | -$1,171 | n/a |
| 12120Medusa | $351,000 | $1,730* | 5.9% | 1.3% | -$1,504 | n/a |
| 12153Sand Lake | $371,000 | $1,820* | 5.9% | 2.0% | -$1,375 | n/a |
| 12160Sloansville | $294,000 | $1,440* | 5.9% | 1.2% | -$1,288 | n/a |
| 12143Ravena | $298,000 | $1,450* | 5.8% | 1.6% | -$1,207 | n/a |
| 12066Esperance | $290,000 | $1,410* | 5.8% | 1.1% | -$1,312 | 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 |
| 12822Corinth | $284,000 | $1,370* | 5.8% | 1.9% | -$1,082 | n/a |
| 12208Albany | $332,000 | $1,597 | 5.8% | 1.1% | -$1,489 | +4.7% |
| 12008Alplaus | $350,000 | $1,680* | 5.8% | 2.2% | -$1,254 | n/a |
| 12187Warnerville | $281,000 | $1,340* | 5.7% | 0.8% | -$1,332 | 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 |
| 12054Delmar | $459,000 | $2,171 | 5.7% | 1.4% | -$1,950 | n/a |
| 12023Berne | $329,000 | $1,540* | 5.6% | 1.5% | -$1,349 | n/a |
| 12305Schenectady | $297,000 | $1,390 | 5.6% | 0.5% | -$1,465 | +8.1% |
| 12020Ballston Spa | $440,000 | $2,054 | 5.6% | 1.9% | -$1,655 | +8.4% |
| 12147Rensselaerville | $372,000 | $1,730* | 5.6% | 1.1% | -$1,659 | n/a |
| 12211Albany | $488,000 | $2,250* | 5.5% | 1.8% | -$1,889 | n/a |
| 12460Oak Hill | $322,000 | $1,480* | 5.5% | 2.3% | -$1,124 | n/a |
| 12859Porter Corners | $407,000 | $1,870* | 5.5% | 2.2% | -$1,439 | n/a |
| 12094Johnsonville | $334,000 | $1,530* | 5.5% | 1.4% | -$1,425 | n/a |
| 12157Schoharie | $294,000 | $1,340* | 5.5% | 0.7% | -$1,411 | n/a |
| 12189Watervliet | $317,000 | $1,449 | 5.5% | 1.4% | -$1,330 | +4.8% |
| 12871Schuylerville | $331,000 | $1,500* | 5.5% | 1.2% | -$1,450 | n/a |
| 12046Coeymans Hollow | $337,000 | $1,520* | 5.4% | 2.1% | -$1,220 | n/a |
| 12027Burnt Hills | $440,000 | $1,970* | 5.4% | 1.4% | -$1,846 | n/a |
| 12188Waterford | $393,000 | $1,750 | 5.3% | 1.5% | -$1,630 | 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 |
| 12170Stillwater | $412,000 | $1,790* | 5.2% | 1.4% | -$1,743 | n/a |
| 12850Middle Grove | $363,000 | $1,560* | 5.2% | 1.8% | -$1,426 | n/a |
| 12059East Berne | $350,000 | $1,500* | 5.1% | 1.7% | -$1,388 | n/a |
| 12303Schenectady | $325,000 | $1,371 | 5.1% | 0.7% | -$1,558 | n/a |
| 12835Hadley | $318,000 | $1,340* | 5.1% | 1.7% | -$1,260 | n/a |
| 12056Duanesburg | $408,000 | $1,710* | 5.0% | 1.1% | -$1,827 | 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 |
| 12084Guilderland | $510,000 | $2,100* | 4.9% | 0.9% | -$2,356 | n/a |
| 12137Pattersonville | $331,000 | $1,340* | 4.9% | 0.4% | -$1,661 | n/a |
| 12083Greenville | $332,000 | $1,340* | 4.8% | 0.8% | -$1,579 | n/a |
| 12193Westerlo | $341,000 | $1,370* | 4.8% | 1.6% | -$1,377 | n/a |
| 12009Altamont | $428,000 | $1,710* | 4.8% | 1.0% | -$1,943 | n/a |
| 12087Hannacroix | $358,000 | $1,400* | 4.7% | 0.7% | -$1,710 | n/a |
| 12077Glenmont | $499,000 | $1,940* | 4.7% | 0.5% | -$2,494 | n/a |
| 12063East Schodack | $464,000 | $1,800* | 4.7% | 0.5% | -$2,284 | n/a |
| 12831Gansevoort | $481,000 | $1,860 | 4.6% | 1.4% | -$2,030 | n/a |
| 12067Feura Bush | $389,000 | $1,480* | 4.6% | 0.9% | -$1,810 | n/a |
| 12019Ballston Lake | $505,000 | $1,919 | 4.6% | 0.9% | -$2,324 | n/a |
| 12186Voorheesville | $425,000 | $1,590* | 4.5% | 0.7% | -$2,053 | 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 |
| 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 |
| 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 |
| 12159Slingerlands | $586,000 | $1,990* | 4.1% | 0.1% | -$3,109 | n/a |
| 12833Greenfield Center | $459,000 | $1,560* | 4.1% | 0.7% | -$2,198 | n/a |
| 12065Clifton Park | $493,000 | $1,675 | 4.1% | 0.7% | -$2,370 | +8.2% |
| 12118Mechanicville | $476,000 | $1,563 | 3.9% | 0.4% | -$2,422 | n/a |
| 12866Saratoga Springs | $662,000 | $2,120 | 3.8% | 0.8% | -$3,149 | +4.2% |
| 12863Rock City Falls | $493,000 | $1,520* | 3.7% | 0.6% | -$2,414 | n/a |
| 12148Rexford | $568,000 | $1,360* | 2.9% | -0.3% | -$3,209 | 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
- +4.6%
- Rent minus price growth
- -0.7 pts
- Property tax
- 1.81%
- effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $284,271 | $1,301 |
| Aug 2022 | $311,715 | $1,421 |
| Aug 2023 | $324,022 | $1,479 |
| Aug 2024 | $343,945 | $1,543 |
| Aug 2025 | $356,443 | $1,608 |
| Aug 2026 | $375,358 | $1,682 |
Counties
- Schenectady County, NY5.9% median yield
- Albany County, NY6.4% median yield
- Rensselaer County, NY6.5% median yield
- Saratoga County, NY4.6% median yield
- Schoharie County, NYn/a median yield
- Greene County, NY5.1% median yield
- Delaware County, NYn/a median yield
Tools
Questions
- Is the Albany, NY metro good for rental property?
- The typical home here runs -$1,612 a month at 7.78% with 25% down. 0 of 27 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Albany, NY metro have the highest rental yield?
- 12202 (Albany) at 9.1%, 12206 (Albany) at 9.0%, 12204 (Menands) at 7.3%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.