Updated 2026 · Based on median market data for Ogdensburg, NY
The median monthly rent in Ogdensburg, NY is $1,050, translating to $12,600 in annual gross rental income per unit. The rent-to-price ratio is 0.78% — below the 1% rule but within a range where deals can work with good financing.
Renters in Ogdensburg spend approximately 29% of the local median household income ($43,975) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.
The vacancy rate in Ogdensburg 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.
Ogdensburg's GRM (price divided by annual rent) is 10.7x. A GRM under 12x is excellent — it means you're paying less than 12 years of gross rent for the property, suggesting strong income relative to price. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,050/mo, a single-family rental in Ogdensburg generates approximately $12,600 in gross annual income. After accounting for 6.3% vacancy ($794 lost), property taxes of $2,309, insurance (~$540), and maintenance (~$540), the estimated NOI is $8,418 per year, or $701/mo.
Ogdensburg vs New York state average and national average across key investment metrics. Ogdensburg outperforms both benchmarks on cap rate.