Average Rent in Hempstead, NY

Hempstead rentals average $1,938 for a studio rental to $3,750 for a 3-bedroom rental. The median price of all currently available listings is $3,370, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $3,485 (-64.27%) year-over-year from $5,422 to $1,938. 1-bedroom rentals prices have increased by $325 (14.94%) year-over-year from $2,175 to $2,500. 2-bedroom rentals prices have increased by $483 (17.16%) year-over-year from $2,817 to $3,300. 3-bedroom rentals prices have increased by $186 (5.22%) year-over-year from $3,564 to $3,750. 4-bedroom rentals prices have decreased by $217 (-4.80%) year-over-year from $4,517 to $4,300. 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 0.00% this month. 1-bedroom rents have gone up by 6.38% this month. 2-bedroom rents have gone up by 1.02% this month. 3-bedroom rents have gone up by 4.41% this month. 4-bedroom rents have gone down by 0.77% this month.