Average Rent in North Hempstead, NY

Current Versus Historical North Hempstead, NY Rents

North Hempstead rentals average $3,199 for a studio rental to $7,900 for a 4-bedroom rental. The median price of all currently available listings is $4,900, 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 $1,483 (73.55%) year-over-year from $2,017 to $3,500. 1-bedroom rentals prices have increased by $778 (33.12%) year-over-year from $2,348 to $3,125. 2-bedroom rentals prices have increased by $878 (26.89%) year-over-year from $3,267 to $4,145. 3-bedroom rentals prices have increased by $787 (18.24%) year-over-year from $4,313 to $5,100. 4-bedroom rentals prices have increased by $1,495 (25.75%) year-over-year from $5,805 to $7,300. 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 37.46% this month. 1-bedroom rents have gone up by 2.52% this month. 2-bedroom rents have gone up by 7.06% this month. 3-bedroom rents have gone up by 6.25% this month. 4-bedroom rents have gone up by 3.06% this month.

Beds	Price / Sqft	Jul 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.78	$3,500	$2,017 (73.55%)	$1,777 (96.97%)
1 BR	$4.02	$3,125	$2,348 (33.12%)	$2,258 (38.43%)
2 BR	$3.77	$4,145	$3,267 (26.89%)	$2,805 (47.77%)
3 BR	$3.05	$5,100	$4,313 (18.24%)	$3,925 (29.94%)
4+ BR	$2.73	$7,300	$5,805 (25.75%)	$5,967 (22.35%)

Historical Rents in North Hempstead, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near North Hempstead

There are a total of 7 cities nearby North Hempstead. The average rent in North Hempstead is currently $4,002 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Fort Lee, NJ, with an average rent of $2,848, is the most affordable city nearby. In contrast, the most expensive city near North Hempstead, NY is New Rochelle, NY. Monthly rents here are on average $4,500 per month.

Let's compare North Hempstead, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in North Hempstead, NY is 29.65% more expensive than other cities nearby. One bedrooms are about 13.43% more expensive. Two bedrooms in North Hempstead, NY are about 4.79% more expensive. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 7 cities near North Hempstead, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Cliffside Park, NJ	N/A	$2,050	$3,975	$3,600
Harrison, NY	$2,860	$3,450	$4,053	$4,002
New York, NY	$3,585	$4,354	$5,295	$4,495
New Rochelle, NY	$2,250	$3,030	$4,690	$4,500
Long Beach, NY	$2,400	$3,300	$3,800	$4,500

Top Neighborhoods Near North Hempstead

There are a total of 50 neighborhoods in or near North Hempstead. Some of these neighborhoods include Flatbush, Washington Heights, and West Harlem. We've included the top 30 neighborhoods out of 50 total neighborhoods in or near North Hempstead, NY in the following chart.

The average rent for these 30 neighborhoods in or near North Hempstead, NY is currently around $4,465 per month. A total of 33 neighborhoods have a lower average rent. Out of all the neighborhoods in or near North Hempstead, East Flatbush has the most affordable average rent at $3,162 per month. Whereas, at $7,195 average rent per month, Tribeca is the most expensive neighborhood in or near North Hempstead. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flatbush, New York, NY	$2,562	$3,100	$3,150	$3,200
Washington Heights, New York, NY	$2,175	$2,400	$2,995	$3,300
West Harlem, New York, NY	$2,685	$3,100	$3,495	$3,395
Bedford-Stuyvesant, New York, NY	$2,438	$2,815	$3,400	$3,400
Harlem, New York, NY	$2,650	$2,995	$3,400	$3,500
Bushwick, New York, NY	$2,653	$3,000	$3,499	$3,599
Crown Heights, New York, NY	$2,633	$2,850	$3,775	$3,600
East Harlem, New York, NY	$2,495	$2,995	$3,395	$3,795
Prospect Heights, New York, NY	$3,600	$4,413	$5,991	$4,165
Upper East Side, New York, NY	$2,900	$3,600	$5,000	$4,195
Long Island City, New York, NY	$3,365	$4,125	$6,150	$4,195
Financial District, New York, NY	$3,695	$4,720	$6,780	$4,420
Murray Hill, New York, NY	$3,400	$4,595	$7,407	$4,495
Downtown Brooklyn, New York, NY	$3,484	$4,350	$6,000	$4,500
West Village, New York, NY	$3,995	$4,650	$7,445	$4,550
Hell's Kitchen, New York, NY	$3,700	$4,500	$5,885	$4,595
Midtown East, New York, NY	$3,400	$4,475	$6,361	$4,625
Greenwich Village, New York, NY	$4,100	$5,095	$4,395	$4,800
Midtown South, New York, NY	$3,700	$4,800	$5,050	$4,850
Upper West Side, New York, NY	$3,450	$4,250	$7,000	$4,906
Midtown, New York, NY	$3,523	$4,750	$6,995	$4,968
Kips Bay, New York, NY	$3,845	$4,070	$5,345	$4,995
Williamsburg, New York, NY	$3,947	$4,699	$5,200	$5,000
East Village, New York, NY	$2,700	$3,850	$5,200	$5,295
Hudson Yards, New York, NY	$3,590	$5,000	$7,600	$5,300
Chelsea, New York, NY	$4,123	$5,476	$8,000	$5,405
Gramercy Park, New York, NY	$3,725	$4,895	$5,495	$5,495
NoMad, New York, NY	$4,395	$5,663	$8,123	$5,781
Lower East Side, New York, NY	$2,625	$4,195	$5,295	$5,995
Tribeca, New York, NY	$4,500	$5,999	$8,340	$7,195

Top Counties Near North Hempstead

There are a total of 50 counties located by North Hempstead, NY. Some of these counties include Fort Lee, NJ, Bronx, New York, NY, and Yonkers, NY. The average rent for rentals in these counties is $4,000. That's roughly around $4 per sqft. A total of 15 counties have a lower average rent. The county that is the most affordable is Fort Lee, NJ. It's average rent per month is $2,848. Vice versa, with an average rent of $4,725, Greenburgh, NY is the most expensive county by North Hempstead, NY.

Typically, rent for studios in North Hempstead, NY is 24.96% more expensive than other counties nearby. In comparison, rent for one bedroom listings in North Hempstead, NY is 15.71% more expensive than other counties nearby. Finally, rent for two bedrooms in North Hempstead, NY is 8.98% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Fort Lee, NJ	$1,900	$2,375	$3,505	$2,848
Bronx, New York, NY	$2,491	$2,625	$3,200	$3,200
Yonkers, NY	$2,100	$2,598	$3,400	$3,290
Queens, New York, NY	$2,919	$3,100	$3,702	$3,500
Harrison, NY	$2,860	$3,450	$4,053	$4,002
Hempstead, NY	$2,498	$2,950	$3,600	$4,200
New Rochelle, NY	$2,250	$3,030	$4,690	$4,500
Long Beach, NY	$2,400	$3,300	$3,800	$4,500
Oyster Bay, NY	$3,500	$2,820	$3,858	$4,600
Manhattan, New York, NY	$3,600	$4,495	$5,599	$4,698

Top Zipcodes Near North Hempstead

There are a total of 49 zipcodes in or near North Hempstead, NY. The average rent for all of these zipcodes is $4,540. A total of 37 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11233, New York, NY at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $6,999 per month is 10007, New York, NY.

Studios in these zipcodes have an average rent of $3,350. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near North Hempstead, NY is $4,384 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,500 per month. Which comes out to $7 per sqft. The following chart includes the top 10 zipcodes in North Hempstead, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$3,550	$4,384	$5,799	$4,850
10003, New York, NY	$3,900	$4,845	$5,250	$5,070
10019, New York, NY	$3,700	$4,570	$6,300	$4,708
10009, New York, NY	$2,660	$3,798	$5,250	$5,295
10128, New York, NY	$3,250	$3,900	$5,193	$4,200
10038, New York, NY	$3,770	$4,733	$6,390	$4,598
10022, New York, NY	$3,450	$4,650	$6,250	$4,800
10005, New York, NY	$3,712	$4,895	$7,619	$4,304
10011, New York, NY	$3,925	$5,423	$8,258	$4,750
10010, New York, NY	$3,955	$4,878	$5,395	$4,995

Frequently Asked Questions - North Hempstead Average Rents

What is the average rent price in North Hempstead, NY?

The average monthly rental price for North Hempstead, NY apartments for rent is approximately $4,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do North 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 North Hempstead, NY.

How much is a studio apartment in North Hempstead, NY?

The average monthly rental price for studio apartments is $3,199 and an average price per square feet of $4.78. There are a total of 2 studio apartment listings currently available for rent in North Hempstead.

How much is a one bedroom apartment in North Hempstead, NY?

The average monthly rental price for one bedroom apartments is $3,500 and an average price per square feet of $4.02. There are a total of 17 one bedroom apartment listings currently available for rent in North Hempstead.

How much is a two bedroom apartment in North Hempstead, NY?

The average monthly rental price for two bedroom apartments is $4,175 and an average price per square feet of $3.77. There are a total of 33 two bedroom apartment listings currently available for rent in North Hempstead.

How have rent prices in North Hempstead, NY changed this year?

Rent prices for rentals in North Hempstead, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.74%, one bedroom rental prices have changed by 0.33%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by 0.18% year-over-year.

What is a reasonable rent price in North Hempstead, NY?

A reasonable rent price in North Hempstead, NY is around $3,920/month. You can search for these reasonably priced rental listings on RentHop.