Rochester, NY
Updated quarterly · Data sourced from Zillow ZHVI/ZORI, Census ACS, and FHFA. · New York overview
Home Value
Median Rent
Per month average
Gross Yield
Annual rent / value
Rent / Price
1% rule benchmark
HH Income
Median household
Owner-Occ
Renter-Occ
Tenant demand share
Population
Metro area census
Market Analysis
The Rochester, NY real estate market currently sits at a median home value of $210k with median rents around $1,280/month, producing a gross yield of 7.31%. That puts Rochester in the category of solid gross yield, right at the 7% LTR sweet spot. Over the past year, home values are down 1.9%, while rents rose 4.8%, the gap between those two trends is what determines whether yield compresses or expands over time for buy-and-hold investors in New York. Rochester is an owner-occupier market (67% owner-occupied) where investor competition is generally lighter, with median household income of $69,000 setting the affordability ceiling on future rent growth.
Frequently asked questions
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Nearby New York markets
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