Is Athens, NY a good place to invest in rental property?

Athens, NY has a median modeled monthly cash flow of $-1,134 and a median cap rate of 3.2%, on a median sold price of $350,000. Prices changed +26.3% year over year.

What is the average cap rate in Athens, NY?

The median cap rate across recently sold homes in Athens, NY is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Athens, NY?

The median sold price in Athens, NY is $350,000 (about $266 per square foot).

Investing in Athens, NY Real Estate

A data-driven snapshot of the Athens, NY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$350,000Median sold price

$266Median $/sqft

3.2%Median cap rate

$-1,134Modeled cash flow / mo

+26.3%Appreciation YoY

9.7Months of supply

33Active listings

41Sold (last 12 mo)

What the Athens numbers say

In Athens, NY, the median home sold for $350,000 (about $266 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,134 of monthly cash flow. Sold prices moved +26.3% over the past year. Inventory sits at about 9.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New York markets to compare

See Athens cash-flowing listings

CashFlowRE ranks every for-sale home in Athens, NY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Athens deals, or browse the national market data.