Rental numbers for New York
5 of 409 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.5%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 5.5%
- 409 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $527,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,715/mo
- median across 409 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| St. Lawrence County | $151,000 | $1,373 | 10.9% | 4.8% | -$216 | +5.9% |
| Broome County | $203,000 | $1,607 | 9.5% | 3.7% | -$462 | +6.6% |
| Livingston County | $248,000 | $1,932 | 9.3% | 3.8% | -$546 | n/a |
| Steuben County | $175,000 | $1,351 | 9.3% | 3.4% | -$445 | +0.1% |
| Otsego County | $221,000 | $1,648 | 8.9% | 4.1% | -$429 | +5.4% |
| Cattaraugus County | $170,000 | not published | 8.6% | n/a | n/a | n/a |
| Chemung County | $166,000 | $1,129 | 8.2% | 2.4% | -$563 | +9.0% |
| Genesee County | $228,000 | $1,516 | 8.0% | 2.6% | -$735 | n/a |
| Oswego County | $211,000 | $1,367 | 7.8% | 2.4% | -$723 | +13.2% |
| Jefferson County | $236,000 | $1,504 | 7.7% | 3.2% | -$634 | +7.0% |
| Herkimer County | $205,000 | $1,300 | 7.6% | 2.5% | -$681 | n/a |
| Oneida County | $240,000 | $1,445 | 7.2% | 2.4% | -$815 | +4.3% |
| Tioga County | $209,000 | $1,232 | 7.1% | 1.8% | -$813 | n/a |
| Cayuga County | $236,000 | $1,377 | 7.0% | 2.0% | -$874 | n/a |
| Cortland County | $210,000 | $1,221 | 7.0% | 1.5% | -$868 | +7.5% |
| Washington County | $254,000 | $1,474 | 7.0% | 2.2% | -$902 | n/a |
| Montgomery County | $217,000 | $1,253 | 6.9% | 1.6% | -$879 | n/a |
| Chautauqua County | $182,000 | $1,041 | 6.9% | 1.6% | -$744 | +13.8% |
| Onondaga County | $288,000 | $1,648 | 6.9% | 1.8% | -$1,116 | +3.9% |
| Sullivan County | $326,000 | $1,830 | 6.7% | 2.2% | -$1,149 | +4.7% |
| Bronx County | $502,000 | $2,799 | 6.7% | 3.4% | -$1,286 | +5.4% |
| Clinton County | $232,000 | $1,275 | 6.6% | 1.8% | -$895 | n/a |
| Tompkins County | $355,000 | $1,932 | 6.5% | 1.8% | -$1,367 | +5.3% |
| Ontario County | $330,000 | $1,773 | 6.5% | 1.9% | -$1,244 | +2.6% |
| Seneca County | $228,000 | $1,200 | 6.3% | 1.4% | -$962 | n/a |
| Monroe County | $292,000 | $1,531 | 6.3% | 1.1% | -$1,301 | +2.3% |
| Wayne County | $256,000 | $1,283 | 6.0% | 0.9% | -$1,186 | n/a |
| Orange County | $468,000 | $2,324 | 5.9% | 1.6% | -$1,918 | +3.2% |
| Erie County | $301,000 | $1,477 | 5.9% | 1.5% | -$1,255 | +3.2% |
| Putnam County | $577,000 | $2,739 | 5.7% | 1.5% | -$2,399 | +7.8% |
| Schenectady County | $315,000 | $1,490 | 5.7% | 0.9% | -$1,457 | +2.8% |
| Rensselaer County | $329,000 | $1,556 | 5.7% | 1.3% | -$1,431 | +5.8% |
| Madison County | $265,000 | $1,244 | 5.6% | 0.8% | -$1,245 | +1.3% |
| Fulton County | $230,000 | $1,076 | 5.6% | 0.9% | -$1,066 | +6.3% |
| Columbia County | $491,000 | $2,284 | 5.6% | 2.0% | -$1,814 | +4.2% |
| Niagara County | $256,000 | $1,184 | 5.5% | 0.8% | -$1,208 | +6.1% |
| Suffolk County | $738,000 | $3,312 | 5.4% | 1.7% | -$2,944 | +6.8% |
| Ulster County | $451,000 | $2,015 | 5.4% | 1.4% | -$1,888 | +4.5% |
| Albany County | $374,000 | $1,671 | 5.4% | 1.3% | -$1,598 | +4.2% |
| Queens County | $745,000 | $3,278 | 5.3% | 2.5% | -$2,488 | +3.4% |
| Nassau County | $857,000 | $3,642 | 5.1% | 1.7% | -$3,373 | +3.1% |
| Dutchess County | $506,000 | $2,099 | 5.0% | 1.0% | -$2,293 | +4.4% |
| Greene County | $371,000 | $1,525 | 4.9% | 1.2% | -$1,615 | n/a |
| Kings County | $959,000 | $3,867 | 4.8% | 2.3% | -$3,331 | +4.7% |
| Rockland County | $766,000 | $3,048 | 4.8% | 1.2% | -$3,354 | +5.4% |
| New York County | $1,223,000 | $4,818 | 4.7% | 2.0% | -$4,514 | +5.8% |
| Saratoga County | $472,000 | $1,845 | 4.7% | 1.2% | -$2,058 | +5.4% |
| Orleans County | $208,000 | $775 | 4.5% | -0.9% | -$1,269 | n/a |
| Richmond County | $729,000 | $2,587 | 4.3% | 1.5% | -$3,017 | +1.5% |
| Westchester County | $885,000 | $3,112 | 4.2% | 0.9% | -$4,076 | +4.7% |
| Allegany County | $144,000 | not published | n/a | n/a | n/a | n/a |
| Chenango County | $170,000 | not published | n/a | n/a | n/a | n/a |
| Delaware County | $257,000 | not published | n/a | n/a | n/a | n/a |
| Essex County | $299,000 | not published | n/a | n/a | n/a | n/a |
| Franklin County | $182,000 | not published | n/a | n/a | n/a | n/a |
| Hamilton County | $276,000 | not published | n/a | n/a | n/a | n/a |
| Lewis County | $203,000 | not published | n/a | n/a | n/a | n/a |
| Schoharie County | $256,000 | not published | n/a | n/a | n/a | n/a |
| Schuyler County | $249,000 | not published | n/a | n/a | n/a | n/a |
| Warren County | $380,000 | not published | n/a | n/a | n/a | n/a |
| Wyoming County | $217,000 | not published | n/a | n/a | n/a | n/a |
| Yates County | $329,000 | not published | n/a | n/a | n/a | n/a |
Highest-yield ZIP codes in New York
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 14605Rochester | $102,000 | $1,225 | 14.5% | +$23 |
| 14621Rochester | $116,000 | $1,343 | 13.9% | +$31 |
| 14611Rochester | $124,000 | $1,369 | 13.3% | -$59 |
| 14303Niagara Falls | $110,000 | $1,198 | 13.1% | -$69 |
| 14901Elmira | $115,000 | $1,255 | 13.1% | -$62 |
| 14608Rochester | $123,000 | $1,335 | 13.0% | -$8 |
| 14204Buffalo | $188,000 | $1,943 | 12.4% | +$212 |
| 14301Niagara Falls | $114,000 | $1,178 | 12.4% | -$105 |
| 13204Syracuse | $154,000 | $1,550 | 12.0% | -$54 |
| 13205Syracuse | $149,000 | $1,475 | 11.8% | -$155 |
Trends
Five years to August 2026
- Price, 12 months
- +5.6%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.55%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $406,656 |
| Aug 2022 | $445,209 |
| Aug 2023 | $448,695 |
| Aug 2024 | $479,004 |
| Aug 2025 | $498,962 |
| Aug 2026 | $526,714 |
Costs that vary by state
- Effective property tax
- 1.55%
- Census ACS 2024
- Landlord insurance default
- $2,161/yr
- NAIC HO-3 $1,801 x 1.2
- Permits per 1,000 households
- 6.3
- last 12 months
- Median typical price
- $627,000
- tier A ZIPs
Metros
- Albany, NY
- Amsterdam, NY
- Auburn, NY
- Batavia, NY
- Binghamton, NY
- Buffalo, NY
- Corning, NY
- Cortland, NY
- Elmira, NY
- Glens Falls, NY
- Gloversville, NY
- Hudson, NY
- Ithaca, NY
- Jamestown, NY
- Kingston, NY
- Malone, NY
- New York, NY
- Ogdensburg, NY
- Olean, NY
- Oneonta, NY
- Plattsburgh, NY
- Rochester, NY
- Seneca Falls, NY
- Syracuse, NY
- Utica, NY
- Watertown, NY
Questions
- Is New York good for rental property?
- 5 of 409 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.5%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in New York?
- About 1.55% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in New York?
- NAIC's 2023 average homeowners (HO-3) premium in New York was $1,801. Landlord policies usually cost more, so this site assumes $2,161 a year. Quotes depend on the property, coverage and claims history.
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.
- 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.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
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.