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MarketsNew YorkAmsterdamRent Analysis

Rent Analysis: Amsterdam, NY

Updated 2026 · Based on median market data for Amsterdam, NY

Cap Rate
4.97%
Median Price
$200K
Rent/Mo
$1,330
1% Rule
0.66%
Fails

Rent Overview

The median monthly rent in Amsterdam, NY is $1,330, translating to $15,960 in annual gross rental income per unit. The rent-to-price ratio is 0.66% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Amsterdam spend approximately 36% of the local median household income ($43,975) on rent. This exceeds the standard 30% affordability threshold, suggesting rent growth may face resistance — but it also means a large portion of the population finds buying even more out of reach, supporting rental demand.

Vacancy & Tenant Demand

The vacancy rate in Amsterdam is 6.3%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 0% annually means demand is flat to declining — focus on properties in the strongest neighborhoods.

Gross Rent Multiplier

Amsterdam's GRM (price divided by annual rent) is 12.5x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,330/mo, a single-family rental in Amsterdam generates approximately $15,960 in gross annual income. After accounting for 6.3% vacancy ($1,005 lost), property taxes of $3,420, insurance (~$800), and maintenance (~$800), the estimated NOI is $9,935 per year, or $828/mo.

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How Amsterdam Compares

Amsterdam vs New York state average and national average across key investment metrics. Amsterdam outperforms both benchmarks on cap rate.

Metric
Amsterdam
New York Avg
National Avg
Cap Rate
4.97%
4.20%
3.81%
Median Price
$200K
$284K
$333K
Median Rent
$1,330
$1,574
$1,524
Property Tax
1.71%
1.71%
1.08%
Vacancy
6.3%
6.3%
5.6%
Pop. Growth
0%/yr
0%/yr
0.9%/yr

Nearby Northeast Markets

City
Cap Rate
Price
Rent
Tax
Amsterdam, NY
5.0%
$200K
$1,330
1.71%
Oneonta, NY
4.8%
$200K
$1,310
1.71%
Waterbury, CT
4.3%
$195K
$1,180
1.7%
Gloversville, NY
3.5%
$205K
$1,100
1.71%
Erie, PA
3.4%
$210K
$1,050
1.4%

Frequently Asked Questions

What is the average rent in Amsterdam, NY?
The median monthly rent in Amsterdam is $1,330, or $15,960 per year. This is 13% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Amsterdam a good rental market for landlords?
With a rent-to-price ratio of 0.66%, Amsterdam falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 6.3% vacancy rate is moderate.
How does Amsterdam rent compare to New York averages?
Amsterdam's median rent of $1,330/mo is 16% below the New York average of $1,574/mo. Home prices at $200K are below the state average of $284K, giving Amsterdam a rent-to-price ratio of 0.66% vs 0.56% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Amsterdam's ratio is 0.66%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Amsterdam & Related Markets

More Amsterdam Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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