Average Rent in Hempstead, NY
1 apartment buildings, 4 units. Daily asking prices with rent history for every building.
Browse apartments in Hempstead, NYAvg Rent
$3,496/mo
market average
Cheapest
$3,223/mo
Metro 303
Properties
1
tracked daily
Units
4
available now
Hempstead, NY Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Hempstead, NY.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Hempstead, NY Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Metro 303 303 Main St, Hempstead, NY 11550, USA | $3,223 | $3,496 | $3.71/ft² | 4.3 (115) | 4 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
By Area
Hempstead, NY neighborhoods
Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.
Hempstead, NY Average Rent Prices 2026
The average rent in Hempstead, NY is $3,496 per month, based on 4 units across 1 apartment communities. Prices range from $3,223 at Metro 303 to $3,774 at Metro 303.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $3,235/mo | $3,223/mo | 2 |
| 2 Bed | $3,757/mo | $3,739/mo | 2 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Hempstead, NY, and what they pay
Tracked one-bedroom rent in Hempstead, NY averages $3,235/mo, with two-bedroom units averaging $3,757/mo. At the local median household income of $82,454, that works out to 51% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Hempstead, NY at $1,649/mo. The current tracked market average runs 112% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Hempstead, NY while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Hempstead, NY?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$140,000/year
Based on the 30 percent rule, using our tracked average rent of $3,496/mo.
Comfortable income
$168,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,223/mo), you need to earn at least $129,000/year.
Median household income in Hempstead, NY is $82,454 , about 51% below the comfortable-living threshold.
Cost of living in Hempstead, NY
Overall prices in Hempstead, NY runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Hempstead, NY's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $3,496 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $8,204/mo |
Population
58,569
Median household income
$82,454
Census median rent
$1,649/mo
Census rent burden
34.4%
Median age
36.5
Mean commute
33 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New York
How Hempstead, NY rent compares to other markets in the state.
| City | Avg Rent | vs Hempstead, NY | 30-Day Change | Properties |
|---|---|---|---|---|
| Albany, NY | $1,872 | -46% | +0.7% | 111 |
| Brooklyn, NY | $5,012 | +43% | +0.8% | 23 |
| Utica, NY | $1,631 | -53% | -9.9% | 13 |
| Schenectady, NY | $1,931 | -45% | -0.8% | 9 |
| Cohoes, NY | $1,921 | -45% | +3.9% | 8 |
| New Rochelle, NY | $3,115 | -11% | -1.6% | 8 |
Frequently asked questions
What is the average rent in Hempstead, NY?
The average rent in Hempstead, NY is $3,496 per month, based on 4 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Hempstead, NY?
The lowest available rent in Hempstead, NY starts at $3,223 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Hempstead, NY?
1-bedroom apartments in Hempstead, NY average $3,235/mo. The lowest listed 1-bedroom starts at $3,223/mo across 2 units tracked.
How much is a 2-bedroom apartment in Hempstead, NY?
2-bedroom apartments in Hempstead, NY average $3,757/mo. Units start from $3,739/mo across 2 units currently listed.
Rent Trends in Hempstead, NY
Track how apartment prices are changing over time.
Missing your neighborhood?
Tell us where you're looking. We'll start tracking prices within 24 hours.
Get Started