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

Niagara Falls, NY has a median modeled monthly cash flow of $188 and a median cap rate of 8.1%, on a median sold price of $158,000. Prices changed +1.7% year over year.

What is the average cap rate in Niagara Falls, NY?

The median cap rate across recently sold homes in Niagara Falls, NY is 8.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Niagara Falls, NY?

The median sold price in Niagara Falls, NY is $158,000 (about $120 per square foot).

Investing in Niagara Falls, NY Real Estate

#126 cash-flow market in the U.S.

A data-driven snapshot of the Niagara Falls, 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.

$158,000Median sold price

$120Median $/sqft

8.1%Median cap rate

$188Modeled cash flow / mo

+1.7%Appreciation YoY

13.1Months of supply

639Active listings

585Sold (last 12 mo)

What the Niagara Falls numbers say

In Niagara Falls, NY, the median home sold for $158,000 (about $120 per square foot), and the typical deal models out to a 8.1% cap rate with a median $188 of monthly cash flow. Sold prices moved +1.7% over the past year. Inventory sits at about 13.1 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.

🔨 See 12 fix-and-flip deals in Niagara Falls — listings where the estimated after-repair value beats list price + rehab.

Other New York markets to compare

See Niagara Falls cash-flowing listings

CashFlowRE ranks every for-sale home in Niagara Falls, 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 Niagara Falls deals, or browse the national market data.