Average Rent in Hempstead, NY

Home  »  NY  »  Hempstead  »  Hempstead

Current Versus Historical Hempstead, NY Rents

Hempstead rentals average $2,250 for a studio rental to $4,600 for a 4-bedroom rental. The median price of all currently available listings is $3,375, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $834 (50.03%) year-over-year from $1,666 to $2,500. 1-bedroom rentals prices have decreased by $778 (-42.57%) year-over-year from $1,828 to $1,050. 2-bedroom rentals prices have increased by $207 (8.29%) year-over-year from $2,493 to $2,700. 3-bedroom rentals prices have increased by $419 (13.66%) year-over-year from $3,067 to $3,486. 4-bedroom rentals prices have increased by $300 (7.14%) year-over-year from $4,200 to $4,500. 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 23.01% this month. 1-bedroom rents have gone down by 25.00% this month. 2-bedroom rents have gone down by 4.14% this month. 3-bedroom rents have gone up by 4.72% this month. 4-bedroom rents have gone down by 4.59% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.65 $2,500 $1,666 (50.03%) $2,129 (17.42%)
1 BR $2.65 $1,050 $1,828 (-42.57%) $1,115 (-5.80%)
2 BR N/A $2,700 $2,493 (8.29%) $2,100 (28.57%)
3 BR N/A $3,486 $3,067 (13.66%) $3,175 (9.78%)
4+ BR $2.95 $4,500 $4,200 (7.14%) $4,283 (5.06%)

Historical Rents in Hempstead, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Hempstead



Let's compare Hempstead, NY's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Hempstead



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Hempstead



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near Hempstead



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Hempstead Average Rents

What is the average rent price in Hempstead, NY?
The average monthly rental price for Hempstead, NY apartments for rent is approximately $3,375. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Hempstead, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Hempstead, NY.
How much is a studio apartment in Hempstead, NY?
The average monthly rental price for studio apartments is $2,250 and an average price per square feet of $2.65. There are a total of 2 studio apartment listings currently available for rent in Hempstead.
How much is a one bedroom apartment in Hempstead, NY?
The average monthly rental price for one bedroom apartments is $1,700 and an average price per square feet of $2.65. There are a total of 3 one bedroom apartment listings currently available for rent in Hempstead.
How much is a two bedroom apartment in Hempstead, NY?
The average monthly rental price for two bedroom apartments is $3,100 and an average price per square feet of $0. There are a total of 2 two bedroom apartment listings currently available for rent in Hempstead.
How have rent prices in Hempstead, NY changed this year?
Rent prices for rentals in Hempstead, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.50%, one bedroom rental prices have changed by -0.43%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.14% year-over-year.
What is a reasonable rent price in Hempstead, NY?
A reasonable rent price in Hempstead, NY is around $2,700/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast