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

Rensselaer, NY has a median modeled monthly cash flow of $-410 and a median cap rate of 4.5%, on a median sold price of $285,000. Prices changed -0.3% year over year.

What is the average cap rate in Rensselaer, NY?

The median cap rate across recently sold homes in Rensselaer, NY is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rensselaer, NY?

The median sold price in Rensselaer, NY is $285,000 (about $190 per square foot).

Investing in Rensselaer, NY Real Estate

A data-driven snapshot of the Rensselaer, 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.

$285,000Median sold price

$190Median $/sqft

4.5%Median cap rate

$-410Modeled cash flow / mo

-0.3%Appreciation YoY

10.5Months of supply

122Active listings

140Sold (last 12 mo)

What the Rensselaer numbers say

In Rensselaer, NY, the median home sold for $285,000 (about $190 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-410 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 10.5 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 Rensselaer cash-flowing listings

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