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

Saratoga Springs, NY has a median modeled monthly cash flow of $-2,482 and a median cap rate of 2.0%, on a median sold price of $615,000. Prices changed +7.0% year over year.

What is the average cap rate in Saratoga Springs, NY?

The median cap rate across recently sold homes in Saratoga Springs, NY is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Saratoga Springs, NY?

The median sold price in Saratoga Springs, NY is $615,000 (about $336 per square foot).

Investing in Saratoga Springs, NY Real Estate

A data-driven snapshot of the Saratoga Springs, 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.

$615,000Median sold price

$336Median $/sqft

2.0%Median cap rate

$-2,482Modeled cash flow / mo

+7.0%Appreciation YoY

8.3Months of supply

541Active listings

783Sold (last 12 mo)

What the Saratoga Springs numbers say

In Saratoga Springs, NY, the median home sold for $615,000 (about $336 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-2,482 of monthly cash flow. Sold prices moved +7.0% over the past year. Inventory sits at about 8.3 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 Saratoga Springs cash-flowing listings

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