Albany-Schenectady-Troy, NY Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Albany-Schenectady-Troy, NY
The median asking rent in Albany-Schenectady-Troy, NY is $2,400 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $391,838, that rent level prices Albany-Schenectady-Troy, NY at a 8.65% gross rental yield — compared with 7.52% across New York.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Albany-Schenectady-Troy, NY rent and rental yield comparison
The current Albany-Schenectady-Troy, NY baseline is $2,400 median asking rent and 8.65% gross rental yield. Compare rent, yield, and home values with selected New York metros, then open a public report or Rental Insights for property-level follow-up.
New York-Newark-Jersey City, NY-NJ
New York-Newark-Jersey City, NY-NJ median asking rent is $4,200, $1,800 (75%) higher than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $4,200
- Gross yield
- 5.95%
- Avg home value
- $894,771
Buffalo-Cheektowaga, NY
Buffalo-Cheektowaga, NY median asking rent is $1,868, $532 (22.2%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $1,868
- Gross yield
- 9.68%
- Avg home value
- $264,522
Rochester, NY
Rochester, NY median asking rent is $2,200, $200 (8.3%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $2,200
- Gross yield
- 11.65%
- Avg home value
- $257,691
Syracuse, NY
Syracuse, NY median asking rent is $2,200, $200 (8.3%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $2,200
- Gross yield
- 11.88%
- Avg home value
- $224,563
Massena-Ogdensburg, NY
Massena-Ogdensburg, NY median asking rent is $1,800, $600 (25%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $1,800
- Gross yield
- 14.19%
- Avg home value
- $602,346
Corning, NY
Corning, NY median asking rent is $1,650, $750 (31.3%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $1,650
- Gross yield
- 14.19%
- Avg home value
- $129,540
Olean, NY
Olean, NY median asking rent is $1,400, $1,000 (41.7%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $1,400
- Gross yield
- 15.00%
- Avg home value
- $121,845
Elmira, NY
Elmira, NY median asking rent is $1,625, $775 (32.3%) lower than the $2,400 median asking rent in Albany-Schenectady-Troy, NY.
- Median rent
- $1,625
- Gross yield
- 14.20%
- Avg home value
- $156,990
Albany-Schenectady-Troy, NY rent and yield FAQ
Quick answers based on the latest Albany-Schenectady-Troy, NY rental listing and transaction data.
What is the average rent in Albany-Schenectady-Troy, NY?
As of July 2026, the median asking rent in Albany-Schenectady-Troy, NY is $2,400. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Albany-Schenectady-Troy, NY?
Albany-Schenectady-Troy, NY currently prices at a 8.65% gross rental yield, versus 7.52% across New York. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Albany-Schenectady-Troy, NY market context to property-level screening
Open Rental Insights with Albany-Schenectady-Troy, NY selected, then pair the yield signal with investor activity and rental data workflows.