Average Rent in North Hempstead, NY

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Current Versus Historical North Hempstead, NY Rents

North Hempstead rentals average $2,460 for a studio rental to $8,000 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 $437 (23.42%) year-over-year from $1,867 to $2,304. 1-bedroom rentals prices have increased by $204 (9.36%) year-over-year from $2,183 to $2,388. 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 $167 (3.94%) year-over-year from $4,233 to $4,400. 4-bedroom rentals prices have increased by $1,271 (23.19%) year-over-year from $5,479 to $6,750. 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 14.17% this month. 1-bedroom rents have gone up by 3.99% this month. 2-bedroom rents have gone up by 5.53% this month. 3-bedroom rents have gone down by 5.04% this month. 4-bedroom rents have gone down by 6.03% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $4.83 $2,304 $1,867 (23.42%) $1,998 (15.33%)
1 BR $3.78 $2,388 $2,183 (9.36%) $2,158 (10.62%)
2 BR $3.91 $3,300 $3,045 (8.37%) $2,727 (21.00%)
3 BR $3.13 $4,400 $4,233 (3.94%) $3,500 (25.71%)
4+ BR $2.88 $6,750 $5,479 (23.19%) $6,200 (8.87%)

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 $2,975 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 $2,700, 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 $4,340 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 12.60% more expensive than other cities nearby. One bedrooms are about 8.43% more expensive. Two bedrooms in North Hempstead, NY are about 10.20% more expensive. Finally, rent for three bedrooms are about 5.26% 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 $2,475 $2,850 $2,700
Yonkers, NY $2,300 $2,150 $2,748 $2,825
Fort Lee, NJ $1,500 $2,500 $3,298 $2,850
White Plains, NY $2,200 $2,800 $3,300 $2,950
New Rochelle, NY $2,200 $2,763 $2,900 $3,000
Cliffside Park, NJ N/A $2,150 $3,150 $3,000
Long Beach, NY $2,100 $2,550 $4,200 $4,000
New York, NY $3,495 $4,195 $5,000 $4,340

Top Neighborhoods Near North Hempstead

There are a total of 51 neighborhoods in or near North Hempstead. Some of these neighborhoods include Washington Heights, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 51 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 $4,300 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $4,300. 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, Flushing has the most affordable average rent at $2,800 per month. Whereas, at $7,725 average rent per month, SoHo 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 $1,827 $2,474 $2,995 $3,100
Flatbush, New York, NY $2,725 $2,948 $3,193 $3,272
Bedford-Stuyvesant, New York, NY $2,388 $2,780 $3,000 $3,299
Crown Heights, New York, NY $2,800 $2,725 $3,675 $3,300
East Harlem, New York, NY $2,675 $3,088 $3,195 $3,300
Harlem, New York, NY $2,598 $3,000 $3,253 $3,400
West Harlem, New York, NY $2,650 $3,000 $3,400 $3,499
Bushwick, New York, NY $2,650 $2,850 $3,450 $3,500
Long Island City, New York, NY $3,300 $3,950 $5,900 $3,958
Upper East Side, New York, NY $2,900 $3,725 $4,900 $4,000
Downtown Brooklyn, New York, NY $3,425 $4,210 $5,765 $4,205
Financial District, New York, NY $3,500 $4,446 $6,405 $4,295
Prospect Heights, New York, NY $3,545 $4,410 $6,100 $4,300
East Village, New York, NY $2,698 $3,595 $4,495 $4,495
Hell's Kitchen, New York, NY $3,464 $4,155 $5,997 $4,500
Midtown East, New York, NY $3,300 $4,200 $5,650 $4,500
Murray Hill, New York, NY $3,550 $4,249 $6,589 $4,595
Lower East Side, New York, NY $3,173 $3,395 $4,495 $4,622
Williamsburg, New York, NY $3,640 $4,427 $4,650 $4,650
Kips Bay, New York, NY $3,780 $4,075 $5,058 $4,695
Greenwich Village, New York, NY $4,150 $4,800 $5,310 $4,800
Upper West Side, New York, NY $3,115 $4,425 $5,800 $4,800
West Village, New York, NY $4,550 $4,595 $5,695 $4,832
Midtown South, New York, NY $3,785 $4,797 $6,995 $4,895
Hudson Yards, New York, NY $3,818 $4,642 $6,950 $5,100
Chelsea, New York, NY $3,800 $5,495 $7,662 $5,250
Midtown, New York, NY $3,550 $4,212 $6,725 $5,400
NoMad, New York, NY $4,444 $5,592 $8,060 $5,974
Gramercy Park, New York, NY $3,815 $5,295 $5,312 $6,198
Tribeca, New York, NY $4,250 $6,125 $7,295 $6,895

Top Counties Near North Hempstead

There are a total of 51 counties located by North Hempstead, NY. Some of these counties include Yonkers, NY, Fort Lee, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,100. That's roughly around $3 per sqft. A total of 16 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 $2,700. Vice versa, with an average rent of $10,925, Greenwich, CT is the most expensive county by North Hempstead, NY.

Typically, rent for studios in North Hempstead, NY is 12.60% more expensive than other counties nearby. In comparison, rent for one bedroom listings in North Hempstead, NY is 8.43% more expensive than other counties nearby. Finally, rent for two bedrooms in North Hempstead, NY is 11.21% 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 $2,748 $2,825
Fort Lee, NJ $1,500 $2,500 $3,298 $2,850
Bronx, New York, NY $2,200 $2,415 $2,756 $2,931
White Plains, NY $2,200 $2,800 $3,300 $2,950
New Rochelle, NY $2,200 $2,763 $2,900 $3,000
Queens, New York, NY $2,900 $2,750 $3,117 $3,200
Hempstead, NY $2,100 $2,500 $3,360 $3,800
Oyster Bay, NY $2,708 $2,735 $3,200 $3,840
Long Beach, NY $2,100 $2,550 $4,200 $4,000
Manhattan, New York, NY $3,500 $4,315 $5,500 $4,538

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 $4,375. 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 $3,000 per month. In comparison, the zipcode with the most expensive average rent of $7,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,300. That's at least $8 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 $4,231 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,390 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 $3,600 $4,231 $5,995 $4,650
10003, New York, NY $3,815 $4,800 $5,100 $4,999
10019, New York, NY $3,500 $4,113 $6,400 $4,750
10009, New York, NY $2,625 $3,600 $4,495 $4,495
10128, New York, NY $3,383 $3,785 $5,359 $3,965
10038, New York, NY $3,450 $4,500 $6,462 $4,375
10022, New York, NY $3,350 $4,398 $5,550 $4,500
10005, New York, NY $3,575 $4,432 $5,853 $4,240
10011, New York, NY $3,600 $5,511 $5,681 $4,795
10010, New York, NY $4,028 $4,460 $5,390 $5,306

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 $2,758 and an average price per square feet of $3.78. There are a total of 24 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 $3,590 and an average price per square feet of $3.91. There are a total of 37 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 0.23%, 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 0.04% 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.
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