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

Schenectady, NY has a median modeled monthly cash flow of $-411 and a median cap rate of 4.6%, on a median sold price of $295,000. Prices changed +8.0% year over year.

What is the average cap rate in Schenectady, NY?

The median cap rate across recently sold homes in Schenectady, NY is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Schenectady, NY?

The median sold price in Schenectady, NY is $295,000 (about $188 per square foot).

Investing in Schenectady, NY Real Estate

A data-driven snapshot of the Schenectady, 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.

$295,000Median sold price

$188Median $/sqft

4.6%Median cap rate

$-411Modeled cash flow / mo

+8.0%Appreciation YoY

8.2Months of supply

687Active listings

1,005Sold (last 12 mo)

What the Schenectady numbers say

In Schenectady, NY, the median home sold for $295,000 (about $188 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-411 of monthly cash flow. Sold prices moved +8.0% over the past year. Inventory sits at about 8.2 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 Schenectady — listings where the estimated after-repair value beats list price + rehab.

Other New York markets to compare

See Schenectady cash-flowing listings

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