Average Rent in Hempstead, NY

Hempstead rentals average $3,600 for a 2-bedroom rental to $14,650 for a 4-bedroom rental. The median price of all currently available listings is $3,675, or roughly $4 per square feet.

For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $2,508 (58.68%) year-over-year from $4,275 to $6,783. 1-bedroom rentals prices have increased by $473 (29.09%) year-over-year from $1,627 to $2,100. 2-bedroom rentals prices have increased by $1,733 (92.86%) year-over-year from $1,867 to $3,600. 3-bedroom rentals prices have increased by $333 (9.76%) year-over-year from $3,417 to $3,750. 4-bedroom rentals prices have increased by $316 (4.91%) year-over-year from $6,433 to $6,749. 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 up by 11.61% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 5.88% this month. 3-bedroom rents have gone up by 4.01% this month. 4-bedroom rents have gone up by 21.61% this month.