Rental market snapshot for Hempstead, New York

Hempstead, New York Rental Property Market Overview

The average rent for an apartment in Hempstead is $2,563. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -13.8% over the past year.

Hempstead is a town in Nassau County, New York, United States. The population was 53,891 at the 2010 census. Hempstead's history dates back to 1644, when it was first settled by the English. The town is located on Long Island, in the southwestern part of Nassau County, and is considered part of the New York metropolitan area. Hempstead is the most populous town in Nassau County, and the second most populous town in New York State, after the town of Brookhaven.

Last Updated December 23, 2022

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Average monthly rent graph in Hempstead New York | Cost of Living

  • The most expensive ZIP Code in Hempstead is 11550 with an average price of $2,995
  • The cheapest ZIP Code in Hempstead is 11550 with an average price of $2,757

Hempstead ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
111550$2,995

Live near Hempstead, New York's Top Sights and Attractions

The park is located on the site of the former Hempstead Village dump. It features a playground, a basketball court, a picnic area, and a walking trail. The park also has a monument to John F. Kennedy, which was erected in 1967.

The Town of Hempstead is the largest town in the state of New York, with a population of over 760,000 people. The town is home to many historical landmarks and attractions, including the Hempstead House, the oldest house in the town, and the John F. Kennedy Memorial Library. The town also has a variety of parks and recreation areas, including the Eisenhower Park, which is the largest park in the town.

Mirschel Park is a small park located in the center of the town. The park has a playground, a small pond, and a walking path.

Lincoln Park is a beautiful park located in Hempstead, New York. The park features a variety of amenities, including a playground, a basketball court, a picnic area, and a walking trail. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Campbell Park is a small park located in the center of Hempstead. The park features a playground, a basketball court, and a picnic area.

Brierley Park is a beautiful park located in Hempstead, New York. The park features a variety of amenities including a playground, picnic area, walking trails, and a pond.

The Hofstra Museum is an art museum located on the campus of Hofstra University. The museum features a variety of exhibitions throughout the year, showcasing both contemporary and historical art. The museum also has a permanent collection of art, which includes works by American and European artists.

The Economic Opportunity Commission of Nassau County is a government-funded organization that provides assistance to low-income residents of Nassau County, New York. The Commission provides a variety of services, including job training, financial assistance, and housing assistance.

Hempstead, New York area median rent change by ZIP Code map

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How does Hempstead compare to other cities in New York ?

citymedian price
Huntington$2,700
Levittown$3,195
Ossining$3,100
Poughkeepsie$1,700
Watertown$1,200
North Babylon$2,815
North Babylon$2,735
Forest Hills$2,100
Little Neck$2,345

Average household income in Hempstead area graph - US Census

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The median household income in Hempstead in 2021 was $68,946. This represents a 24.4% change from 2011 when the median was $55,433.

#categorypercent
0Less than $10,0006.8%
1$10,000 to $14,9994.6%
2$15,000 to $19,9993.8%
3$20,000 to $24,9994.0%
4$25,000 to $29,9994.2%
5$30,000 to $34,9996.2%
6$35,000 to $39,9992.0%
7$40,000 to $44,9994.5%
8$45,000 to $49,9993.4%
9$50,000 to $59,9995.4%
10$60,000 to $74,9998.1%
11$75,000 to $99,99914.1%
12$100,000 to $124,9998.7%
13$125,000 to $149,9996.0%
14$150,000 to $199,99910.6%
15$200,000 or more7.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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