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Rental Market Trends in Great Neck, NY

Updated August 2026

The average rent in Great Neck, NY is $3,213/month.

Rent in Great Neck is 93% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$3,213/month

Average Rent

713 Sq Ft

Average Size

+3.7%

Change / Year

49

Available Apartments

Great Neck rent varies by unit size and layout:

  • Studio apartments in Great Neck average $1,775 per month.
  • One-bedroom apartments in Great Neck average $3,213 per month.
  • Two-bedroom apartments in Great Neck average $4,390 per month.
  • Three-bedroom apartments in Great Neck average $6,256 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,775/month
543 Sq Ft
One Bedroom
$3,213/month
713 Sq Ft
Two Bedroom
$4,390/month
1,046 Sq Ft
Three Bedroom
$6,256/month
1,449 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$9,850/month
2,862 Sq Ft
View Great Neck Apartments

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

In the past year, rent has increased by 3.7%, which averages out to $121 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Great Neck, NY

August 2026
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

  • 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
$3,485/month
854 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
$3,485/month
854 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
$3,485/month
854 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 $3,213, you’ll want to make about $10,710 per month or $128,520 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

49 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.

View the Great Neck Area Guide

Apartment Averages

Western Nassau

Great Neck, NY

Western Nassau

Great Neck, NY

Studio
$2,339/month
$2,339/month
One Bedroom
$2,908/month
$2,908/month
Two Bedroom
$4,192/month
$4,192/month
Three Bedroom
$5,749/month
$5,749/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Great Neck Plaza

    Great Neck Plaza

    Avg Rent: $3,319/month

Apartment Communities in Great Neck We Think You'll Love

Avalon Great Neck

Avalon Great Neck

240 E Shore Rd,
Great Neck, NY 11023

1-2 Beds | $3,925 - $5,535

15 Bond

15 Bond

15 Bond St,
Great Neck, NY 11021

1 Bed | $3,800

Maestro

Maestro

255 Great Neck Rd,
Great Neck, NY 11021

1-2 Beds | $4,250 - $6,295

The One at Great Neck

The One at Great Neck

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

2 Beds | $4,892 - $5,400

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Frequently Asked Questions

What is the average rent in Great Neck?

The average rent in Great Neck is $3,213 per month, which is 93.1% higher than the national average of $1,664.

Are rents going up or down in Great Neck?

Rents in Great Neck, NY are increasing, with prices up 3.7% year-over-year and $121 more per month.

What rent range is most common in Great Neck?

In Great Neck, NY, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity