Real Estate Investing in Averill Park, New York (12018)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 12018 (Averill Park, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Averill Park, NY (12018)?
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Market Analysis: 12018 Averill Park
This part of Rensselaer County is not an easy win. The 12018 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
In practical terms, the numbers look inviting — $401K purchase price, 0.0% nominal cap — the work to hit that pro forma in 12018 is substantial and deserves full respect.
Statewide comparisons place 12018 among NY's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A resilient renter share of 17% in 12018 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. sturdy returns are possible in 12018, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Averill Park:
Property Strategy for 12018
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $283,036 | $1,930 | 4.9% | +6.7% | $141,518 |
| 3BR | $364,473 | $2,310 | 4.6% | +6.9% | $121,491 |
| 4BR | $446,374 | $2,560 | 4.1% | +7.7% | $111,594 |
| 5BR | $496,849 | — | — | +7.4% | $99,370 |
Market Trends
Home Value History (with trend line)
📊 How Does 12018 Compare?
| Metric | 12018 | Averill Park | Albany-Schenectady-Troy, NY | New York |
|---|---|---|---|---|
| Home Value | $400,668 | $400,668 | N/A | $505,608 |
| 5-Year CAGR | 6.3% | 6.3% | N/A | 6.6% |
| Avg Rent | $1,737 | $1,737 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 12018 (Averill Park, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $400,668 |
| Monthly Rent | $1,737 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +11.5% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 12018
Population: 7,069
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 12018
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,010 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Averill Park, NY for real estate investors?
Our data puts Averill Park, NY at 3.0/5 for investability. Home prices of $401K and rents around $1,737/mo create a solid backdrop for investor activity.
Do landlords face vacancy issues in Averill Park, NY?
Averill Park, NY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How deep is the rental pool in Averill Park, NY?
Working renters make up the core of the Averill Park, NY tenant base. The pool is reasonable for investors targeting long-term holds.
Is Averill Park, NY suited for a house hack?
House hacking works a challenging in Averill Park, NY. Rents of $1,737/mo against $401K acquisition make the strategy solid for owner-occupants.
How much is rent in Averill Park, NY?
Average rent in Averill Park, NY is approximately $1,737/mo per month. Against $401K home values that yields a reasonable rent-to-price ratio.
You know 12018 now. You don’t know where it ranks.
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How 12018 ranks in Albany-Schenectady-Troy, NY
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