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Highest gross rent yields in New York

Chemung County leads New York at 9.01% gross rent yield, on a median rent of $1,059 and a median home value of $141,100. Census median rent relative to Census median home value, ranked for long-term landlords.

Highest county yield
9.01%
Chemung County
Median gross rent
$1,059
ACS B25064
Median home value
$141,100
ACS B25077
State yield
4.59%
State median rent and value

Counties ranked by gross rent yield

1Chemung County$1,059$36$141,100$6,7939.01%
2Allegany County$763$30$101,700$3,4209.00%
3Cattaraugus County$770$24$113,100$3,3898.17%
4St. Lawrence County$818$34$121,900$3,4108.05%
5Steuben County$894$35$137,900$4,4877.78%
6Jefferson County$1,213$32$188,200$6,0027.73%
7Oswego County$967$27$151,700$3,6477.65%
8Chautauqua County$812$21$127,900$4,4637.62%
9Chenango County$875$44$137,900$8,6137.61%
10Orleans County$874$35$140,800$5,8667.45%
11Seneca County$957$29$155,400$6,9177.39%
12Broome County$941$22$154,900$3,0777.29%
13Cortland County$984$50$162,100$3,1727.28%
14Montgomery County$940$28$157,500$5,7447.16%
15Franklin County$843$22$145,400$10,2536.96%
16Tioga County$928$47$160,800$6,5356.93%
17Fulton County$912$32$163,100$5,5276.71%
18Herkimer County$823$32$147,700$7,2096.69%
19Clinton County$1,003$37$180,600$6,7296.66%
20Onondaga County$1,108$12$200,200$3,0126.64%
21Wayne County$938$32$170,000$2,7496.62%
22Otsego County$987$42$179,100$5,8976.61%
23Cayuga County$942$46$171,000$3,7606.61%
24Monroe County$1,173$12$213,700$2,1636.59%
25Genesee County$929$31$170,500$3,4266.54%
26Livingston County$931$42$174,600$6,0736.40%
27Washington County$1,033$47$196,200$6,2406.32%
28Schuyler County$899$99$171,800$8,2606.28%
29Oneida County$944$17$182,600$4,3236.20%
30Ontario County$1,150$35$222,900$5,0796.19%
31Schenectady County$1,194$28$235,700$3,7096.08%
32Lewis County$837$57$166,100$5,1936.05%
33Madison County$928$25$184,600$7,1636.03%
34Wyoming County$802$39$162,300$4,2255.93%
35Tompkins County$1,411$42$290,900$12,8985.82%
36Delaware County$880$45$183,100$6,8805.77%
37Niagara County$899$20$189,800$4,7415.68%
38Schoharie County$909$39$192,500$8,5325.67%
39Rensselaer County$1,217$26$258,400$6,3685.65%
40Erie County$1,090$11$233,800$1,6495.59%
41Yates County$834$48$184,700$12,1505.42%
42Albany County$1,313$26$294,600$4,2495.35%
43Sullivan County$1,106$52$249,000$8,9495.33%
44Essex County$934$69$211,900$11,8465.29%
45Orange County$1,680$32$387,900$4,1335.20%
46Warren County$1,105$30$267,400$8,3424.96%
47Ulster County$1,425$48$352,500$6,2614.85%
48Saratoga County$1,394$26$348,600$4,6554.80%
49Dutchess County$1,582$45$400,600$6,0954.74%
50Suffolk County$2,255$27$578,400$2,8874.68%
51Putnam County$1,775$83$471,300$7,9874.52%
52Greene County$1,004$74$271,600$11,1324.44%
53Columbia County$1,260$72$347,100$9,7984.36%
54Hamilton County$912$66$260,200$15,0974.21%
55Nassau County$2,252$41$684,700$2,8333.95%
56Rockland County$1,901$41$596,900$7,0723.82%
57Westchester County$1,951$27$663,200$5,7093.53%
58Bronx County$1,458$16$529,500$11,1853.30%
59Queens County$1,956$10$723,800$6,6063.24%
60Richmond County$1,733$38$675,500$5,5313.08%
61Kings County$1,833$9$905,000$7,7412.43%
62New York County$2,197$25$1,090,500$28,0442.42%

Method

Gross rent yield equals Census median gross rent (ACS table B25064) times 12, divided by Census median home value (ACS table B25077). The percent shown is that ratio rounded half up to the nearest 0.01 percentage point. State rows use the state estimate. County rows use the county estimate. A place is left out when either median is missing or not positive. Margins of error are the ACS margins published for each median. Rank is the unrounded ratio, then the place name.

Source: U.S. Census Bureau American Community Survey 2024 5-year, tables B25064 and B25077, as of 2024-07-01 (data years 2020-2024), retrieved 2026-10-09, https://data.census.gov/table/ACSDT5Y2024.B25064.

Frequently asked questions

What is the highest gross rent yield in New York?

Chemung County at 9.01%. Median gross rent is $1,059 (margin of error $36). Median home value is $141,100 (margin of error $6,793).

What is the lowest gross rent yield in New York?

New York County at 2.42%. Median gross rent is $2,197 (margin of error $25). Median home value is $1,090,500 (margin of error $28,044).

What is the state-level gross rent yield in New York?

4.59%. Median gross rent is $1,621 (margin of error $7). Median home value is $423,800 (margin of error $1,627).