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

Saratoga Springs, NY has a median modeled monthly cash flow of $-2,635 and a median cap rate of 1.9%, on a median sold price of $725,000. Prices changed +3.2% 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 1.9%, 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 $725,000 (about $357 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.

$725,000Median sold price

$357Median $/sqft

1.9%Median cap rate

$-2,635Modeled cash flow / mo

+3.2%Appreciation YoY

13.7Months of supply

592Active listings

517Sold (last 12 mo)

What the Saratoga Springs numbers say

In Saratoga Springs, NY, the median home sold for $725,000 (about $357 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,635 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 13.7 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.

🔨 See 6 fix-and-flip deals in Saratoga Springs — listings where the estimated after-repair value beats list price + rehab.

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.