Investment metrics, interactive calculators, and data-driven analysis for Rochester rental properties.
Pre-filled with Rochester medians. Adjust to match a specific property.
Factor in financing to see your actual return on invested capital in Rochester.
Rochester, NY has a population of 211,328 and has been growing at -0.1% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $175,000 paired with median rents of $1,100/mo produces an estimated cap rate of 4.53%.
Property taxes at 1.72% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 6.5% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 4.3x, homes cost about 4.3 times the local median income of $40,800. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.1% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Rochester presents moderate opportunities. Cap rates near 4.53% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.