Average Rent in North Hempstead, NY

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Current Versus Historical North Hempstead, NY Rents

North Hempstead rentals average $2,575 for a studio rental to $7,250 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $3 per square feet.
For the apartment units and housing in December 2024, median rents have risen over the last year. Studio rentals prices have increased by $420 (24.25%) year-over-year from $1,730 to $2,150. 1-bedroom rentals prices have increased by $223 (9.36%) year-over-year from $2,378 to $2,600. 2-bedroom rentals prices have increased by $704 (23.60%) year-over-year from $2,983 to $3,688. 3-bedroom rentals prices have increased by $500 (11.76%) year-over-year from $4,250 to $4,750. 4-bedroom rentals prices have decreased by $33 (-0.48%) year-over-year from $6,983 to $6,950. 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 9.79% this month. 1-bedroom rents have gone up by 3.93% this month. 2-bedroom rents have gone up by 2.57% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 3.70% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.38 $2,150 $1,730 (24.25%) $1,662 (29.34%)
1 BR $4.64 $2,600 $2,378 (9.36%) $2,163 (20.19%)
2 BR $3.84 $3,688 $2,983 (23.60%) $2,683 (37.42%)
3 BR $3.16 $4,750 $4,250 (11.76%) $3,967 (19.75%)
4+ BR $2.89 $6,950 $6,983 (-0.48%) $5,717 (21.57%)

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 $3,500 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that West Babylon, NY, with an average rent of $2,495, is the most affordable city nearby. In contrast, the most expensive city near North Hempstead, NY is Harrison, NY. Monthly rents here are on average $4,370 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 12.62% more expensive than other cities nearby. One bedrooms are about 1.87% more expensive. Two bedrooms in North Hempstead, NY are about 10.19% more expensive. Finally, rent for three bedrooms are about 5.26% more affordable. Want more information? Check out the top 7 cities near North Hempstead, NY in the following chart.
City Studio 1 Bed 2 Bed All
West Babylon, NY $2,970 $2,425 $3,000 $2,495
Yonkers, NY $1,900 $2,175 $2,663 $2,843
White Plains, NY $2,250 $2,625 $3,548 $3,300
Long Beach, NY $1,925 $2,550 $3,350 $3,500
New York, NY $3,405 $4,150 $5,000 $4,200
New Rochelle, NY $1,800 $2,850 $4,419 $4,349
Harrison, NY $2,775 $3,015 $4,197 $4,370

Top Neighborhoods Near North Hempstead

There are a total of 55 neighborhoods in or near North Hempstead. Some of these neighborhoods include Flatbush, East Harlem, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 55 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 34 neighborhoods have a lower average rent. Out of all the neighborhoods in or near North Hempstead, Elmhurst has the most affordable average rent at $2,679 per month. Whereas, at $12,000 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
Flatbush, New York, NY $2,550 $2,715 $3,099 $2,987
East Harlem, New York, NY $2,525 $2,900 $3,000 $3,200
Bedford-Stuyvesant, New York, NY $2,500 $2,850 $3,100 $3,200
Bushwick, New York, NY $2,795 $2,900 $3,300 $3,300
Harlem, New York, NY $2,600 $2,850 $3,100 $3,395
Central Harlem, New York, NY $2,650 $2,827 $3,200 $3,400
Crown Heights, New York, NY $2,704 $2,995 $4,000 $3,500
West Harlem, New York, NY $2,550 $2,850 $2,995 $3,500
Murray Hill, New York, NY $3,325 $4,150 $6,450 $3,900
Long Island City, New York, NY $3,282 $3,751 $5,733 $3,900
Upper East Side, New York, NY $3,350 $4,000 $5,000 $4,000
Hell's Kitchen, New York, NY $3,440 $4,050 $5,156 $4,180
Financial District, New York, NY $3,471 $4,448 $6,096 $4,223
Downtown Brooklyn, New York, NY $3,425 $4,125 $5,725 $4,306
Prospect Heights, New York, NY $3,565 $4,403 $5,200 $4,322
NoLita, New York, NY N/A $3,900 $5,495 $4,445
East Village, New York, NY $2,895 $3,850 $4,495 $4,495
Kips Bay, New York, NY $3,640 $4,183 $5,500 $4,495
Midtown East, New York, NY $3,325 $4,498 $6,075 $4,525
Hudson Yards, New York, NY $3,490 $4,490 $6,495 $4,620
Williamsburg, New York, NY $3,822 $4,600 $4,921 $4,693
Lower East Side, New York, NY $3,413 $4,623 $4,728 $4,750
Upper West Side, New York, NY $2,988 $4,450 $6,945 $4,820
West Village, New York, NY $4,593 $4,950 $6,650 $4,950
Little Italy, New York, NY $3,250 $4,225 $4,850 $5,000
Gramercy Park, New York, NY $3,750 $5,313 $5,057 $5,235
Midtown, New York, NY $3,625 $4,382 $6,750 $5,265
Greenwich Village, New York, NY $4,000 $6,150 $5,980 $5,323
Chelsea, New York, NY $3,813 $5,495 $7,500 $5,335
NoMad, New York, NY $4,309 $5,686 $8,172 $5,685

Top Counties Near North Hempstead

There are a total of 55 counties located by North Hempstead, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,550. That's roughly around $3 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Babylon, NY. It's average rent per month is $2,695. Vice versa, with an average rent of $4,495, Manhattan, New York, NY is the most expensive county by North Hempstead, NY.

Typically, rent for studios in North Hempstead, NY is 22.33% more expensive than other counties nearby. In comparison, rent for one bedroom listings in North Hempstead, NY is 3.27% more expensive than other counties nearby. Finally, rent for two bedrooms in North Hempstead, NY is 11.49% 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 $1,900 $2,175 $2,663 $2,843
Bronx, New York, NY $2,000 $2,575 $3,035 $3,080
Queens, New York, NY $2,753 $2,778 $3,445 $3,240
White Plains, NY $2,250 $2,625 $3,548 $3,300
Hempstead, NY $2,000 $2,500 $3,078 $3,500
Long Beach, NY $1,925 $2,550 $3,350 $3,500
Oyster Bay, NY N/A $2,550 $3,600 $4,150
New Rochelle, NY $1,800 $2,850 $4,419 $4,349
Harrison, NY $2,775 $3,015 $4,197 $4,370
Manhattan, New York, NY $3,475 $4,395 $5,695 $4,495

Top Zipcodes Near North Hempstead

There are a total of 5 zipcodes in or near North Hempstead, NY. The average rent for all of these zipcodes is $3,000. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10463, New York, NY at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,695 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,673. That's at least $5 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 $2,975 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,350 per month. Which comes out to $3 per sqft. The following chart includes the top 5 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
10128, New York, NY $3,350 $4,095 $5,580 $3,915
10023, New York, NY $3,000 $4,500 $8,100 $4,695
11375, New York, NY $2,673 $2,975 $3,250 $3,000
10035, New York, NY $2,250 $2,702 $3,250 $2,975
10463, New York, NY $2,450 $2,680 $3,350 $2,900

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 $4,500. 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 $2,575 and an average price per square feet of $5.38. 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 $2,675 and an average price per square feet of $4.64. There are a total of 27 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 $3,950 and an average price per square feet of $3.84. There are a total of 55 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 0.24%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.24%, and three bedroom rental prices have changed by 0.12% year-over-year.
What is a reasonable rent price in North Hempstead, NY?
A reasonable rent price in North Hempstead, NY is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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