Average Rent in Hempstead, NY

Hempstead rentals average $2,375 for a 1-bedroom rental to $5,800 for a 4-bedroom rental. The median price of all currently available listings is $3,175, or roughly $40 per square feet.

For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $313 (18.56%) year-over-year from $1,686 to $1,999. 1-bedroom rentals prices have increased by $400 (21.05%) year-over-year from $1,900 to $2,300. 2-bedroom rentals prices have decreased by $425 (-14.53%) year-over-year from $2,925 to $2,500. 3-bedroom rentals prices have decreased by $42 (-1.18%) year-over-year from $3,542 to $3,500. 4-bedroom rentals prices have increased by $917 (18.77%) year-over-year from $4,883 to $5,800. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 2.82% this month. 2-bedroom rents have gone up by 20.70% this month. 3-bedroom rents have gone down by 2.33% this month. 4-bedroom rents have gone up by 5.62% this month.