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Rental Market Trends in Great Neck, NY

What is the average rent in Great Neck, NY?

$3,037/month

Average Rent

716 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of August 2025, the average rent in Great Neck, NY is $3,037 per month. This is 85% higher than the national average rent price of $1,638/month, making Great Neck one of the most expensive cities in the US. When you rent an apartment in Great Neck, you can expect to pay about $1,732 per month for a studio, $3,037 for a one-bedroom apartment, and around $4,242 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $6,291 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,732/month
543 Sq Ft
One Bedroom
$3,037/month
716 Sq Ft
Two Bedroom
$4,242/month
1,030 Sq Ft
Three Bedroom
$6,291/month
1,438 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$6,145/month
1,769 Sq Ft
Four Bedroom
$8,130/month
3,005 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Great Neck, NY?

In the past year, rent has increased by 0.4%, which averages out to $14 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Great Neck, NY
Last Updated August 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Great Neck, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Great Neck?

Based on current rent prices, Western Nassau is the most affordable neighborhood in Great Neck.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Nassau
$2,878/month
764 Sq Ft

What are the most expensive neighborhoods in Great Neck?

Based on current rent prices, Western Nassau is the most expensive neighborhood in Great Neck.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Nassau
$2,878/month
764 Sq Ft

Which Great Neck neighborhoods have the most rentals available?

The neighborhood in Great Neck with the most apartments available is Western Nassau .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Western Nassau
$2,878/month
764 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Great Neck, NY?

Because the average rent in Great Neck is $3,037, you’ll want to make about $10,123 per month or $121,476 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Great Neck, NY

58 Available Apartments for Rent

Search for Nearby Apartments

How does Great Neck, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Great Neck, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Great Neck, NY

Apartment Averages

Western Nassau

Great Neck, NY

Western Nassau

Great Neck, NY

Studio
$2,302/month
$2,302/month
One Bedroom
$2,799/month
$2,799/month
Two Bedroom
$3,936/month
$3,936/month
Three Bedroom
$5,845/month
$5,845/month
Search
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Apartment communities in Great Neck we think you'll love

Versailles Court

Versailles Court

260 Middle Neck Rd,
Great Neck, NY 11021

1-2 Beds | $3,400 - $4,300

15 Bond

15 Bond

15 Bond St,
Great Neck, NY 11021

1-2 Beds | $3,850 - $6,275

Maestro

Maestro

255 Great Neck Rd,
Great Neck, NY 11021

1-3 Beds | $4,350 - $6,395

The One at Great Neck

The One at Great Neck

523-531 Middle Neck Rd,
Great Neck, NY 11023

2 Beds | $4,523 - $5,400

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United States New York Great Neck Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity