Average Rent in North Hempstead, NY

Home  »  NY  »  North Hempstead

Current Versus Historical North Hempstead, NY Rents

North Hempstead rentals average $2,460 for a studio rental to $8,250 for a 4-bedroom rental. The median price of all currently available listings is $4,000, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $321 (17.20%) year-over-year from $1,867 to $2,188. 1-bedroom rentals prices have increased by $192 (8.79%) year-over-year from $2,183 to $2,375. 2-bedroom rentals prices have increased by $255 (8.37%) year-over-year from $3,045 to $3,300. 3-bedroom rentals prices have increased by $267 (6.30%) year-over-year from $4,233 to $4,500. 4-bedroom rentals prices have increased by $1,321 (24.11%) year-over-year from $5,479 to $6,800. 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 up by 10.54% this month. 1-bedroom rents have gone up by 3.64% this month. 2-bedroom rents have gone up by 5.53% this month. 3-bedroom rents have gone down by 3.57% this month. 4-bedroom rents have gone down by 5.56% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.83 $2,188 $1,867 (17.20%) $1,998 (9.53%)
1 BR $3.88 $2,375 $2,183 (8.79%) $2,158 (10.04%)
2 BR $3.79 $3,300 $3,045 (8.37%) $2,727 (21.00%)
3 BR $3.16 $4,500 $4,233 (6.30%) $3,500 (28.57%)
4+ BR $2.85 $6,800 $5,479 (24.11%) $6,200 (9.68%)

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 8 cities nearby North Hempstead. The average rent in North Hempstead is currently $2,938 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that West New York, NJ, with an average rent of $2,695, is the most affordable city nearby. In contrast, the most expensive city near North Hempstead, NY is New York, NY. Monthly rents here are on average $4,295 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 13.67% more expensive than other cities nearby. One bedrooms are about 6.48% more expensive. Two bedrooms in North Hempstead, NY are about 5.58% more expensive. Finally, rent for three bedrooms are about 1.02% more affordable. Want more information? Check out the top 8 cities near North Hempstead, NY in the following chart.
City Studio 1 Bed 2 Bed All
West New York, NJ N/A $2,413 $2,800 $2,695
Yonkers, NY $2,300 $2,150 $2,700 $2,800
Fort Lee, NJ $1,500 $2,550 $3,000 $2,850
White Plains, NY $2,150 $2,600 $3,300 $2,875
New Rochelle, NY $2,200 $2,800 $3,650 $3,000
Cliffside Park, NJ N/A $2,050 $3,300 $3,000
Long Beach, NY $2,098 $2,500 $4,175 $4,000
New York, NY $3,453 $4,125 $4,995 $4,295

Top Neighborhoods Near North Hempstead

There are a total of 50 neighborhoods in or near North Hempstead. Some of these neighborhoods include Washington Heights, Crown Heights, and Flatbush. 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 $4,296 per month. A total of 22 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $4,296. Interestingly, the neighborhoods' average rent is higher than North Hempstead's average rent, which is only $4,000. Out of all the neighborhoods in or near North Hempstead, Rego Park has the most affordable average rent at $2,500 per month. Whereas, at $6,700 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
Washington Heights, New York, NY $1,840 $2,500 $2,990 $3,130
Crown Heights, New York, NY $2,713 $2,775 $3,675 $3,150
Flatbush, New York, NY $2,755 $2,807 $3,197 $3,197
Bedford-Stuyvesant, New York, NY $2,400 $2,780 $2,950 $3,200
East Harlem, New York, NY $2,600 $3,000 $3,195 $3,408
Harlem, New York, NY $2,650 $3,000 $3,195 $3,500
Bushwick, New York, NY $2,700 $2,888 $3,500 $3,500
West Harlem, New York, NY $2,750 $3,000 $3,400 $3,713
Long Island City, New York, NY $3,323 $3,965 $5,673 $3,958
Upper East Side, New York, NY $2,900 $3,700 $4,853 $4,000
Downtown Brooklyn, New York, NY $3,396 $4,195 $5,765 $4,202
Financial District, New York, NY $3,450 $4,398 $6,405 $4,240
Murray Hill, New York, NY $3,540 $4,100 $6,400 $4,295
Prospect Heights, New York, NY $3,538 $4,375 $6,110 $4,298
East Village, New York, NY $3,353 $3,595 $4,495 $4,495
Hell's Kitchen, New York, NY $3,475 $4,200 $5,900 $4,500
Midtown East, New York, NY $3,200 $4,300 $5,695 $4,500
Kips Bay, New York, NY $3,785 $3,950 $5,135 $4,573
Lower East Side, New York, NY $2,638 $3,495 $4,495 $4,600
Upper West Side, New York, NY $3,153 $4,308 $6,076 $4,617
Williamsburg, New York, NY $3,635 $4,177 $4,650 $4,650
Greenwich Village, New York, NY $4,275 $4,925 $5,310 $4,710
Midtown, New York, NY $3,589 $4,350 $6,600 $4,750
Midtown South, New York, NY $3,785 $4,895 $6,900 $4,800
West Village, New York, NY $3,900 $4,595 $5,300 $4,800
Hudson Yards, New York, NY $3,535 $4,572 $6,950 $5,000
Chelsea, New York, NY $4,195 $5,250 $7,650 $5,070
NoMad, New York, NY $4,420 $5,545 $8,123 $5,776
Gramercy Park, New York, NY $3,815 $4,900 $5,312 $6,150
Tribeca, New York, NY $4,355 $6,000 $7,295 $6,700

Top Counties Near North Hempstead

There are a total of 50 counties located by North Hempstead, NY. Some of these counties include Yonkers, NY, Fort Lee, NJ, and White Plains, NY. The average rent for rentals in these counties is $3,000. That's roughly around $3 per sqft. A total of 17 counties have a lower average rent. The county that is the most affordable is West New York, NJ. It's average rent per month is $2,695. Vice versa, with an average rent of $8,975, Greenwich, CT is the most expensive county by North Hempstead, NY.

Typically, rent for studios in North Hempstead, NY is 14.74% more expensive than other counties nearby. In comparison, rent for one bedroom listings in North Hempstead, NY is 7.41% more expensive than other counties nearby. Finally, rent for two bedrooms in North Hempstead, NY is 5.58% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $2,300 $2,150 $2,700 $2,800
Fort Lee, NJ $1,500 $2,550 $3,000 $2,850
White Plains, NY $2,150 $2,600 $3,300 $2,875
Bronx, New York, NY $2,524 $2,300 $2,900 $3,000
New Rochelle, NY $2,200 $2,800 $3,650 $3,000
Queens, New York, NY $3,029 $2,636 $3,039 $3,200
Oyster Bay, NY $2,708 $2,668 $3,238 $3,750
Hempstead, NY $2,098 $2,500 $3,400 $3,800
Long Beach, NY $2,098 $2,500 $4,175 $4,000
Manhattan, New York, NY $3,499 $4,283 $5,425 $4,495

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 $4,348. A total of 16 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $2,820 per month. In comparison, the zipcode with the most expensive average rent of $6,895 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,250. 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 $4,195 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,400 per month. Which comes out to $6 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 $4,100 $5,773 $4,446
10003, New York, NY $3,700 $4,913 $5,050 $5,250
10019, New York, NY $3,550 $4,200 $6,295 $4,595
10009, New York, NY $2,625 $3,595 $4,495 $4,495
10128, New York, NY $3,250 $3,700 $5,400 $3,950
10038, New York, NY $3,400 $4,425 $6,460 $4,334
10022, New York, NY $3,200 $4,325 $5,595 $4,395
10005, New York, NY $3,525 $4,334 $5,821 $4,200
10011, New York, NY $3,675 $5,500 $5,600 $4,750
10010, New York, NY $3,740 $3,995 $5,445 $5,050

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 $4,000. 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 $2,460 and an average price per square feet of $4.83. There are a total of 8 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 $2,700 and an average price per square feet of $3.88. There are a total of 21 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 $3,495 and an average price per square feet of $3.79. There are a total of 38 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 0.17%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in North Hempstead, NY?
A reasonable rent price in North Hempstead, NY is around $3,200/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