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Rental Market Trends in Hempstead, NY

What is the average rent in Hempstead, NY?

$1,943/month

Average Rent

707 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of April 2026, the average rent in Hempstead, NY is $1,943 per month. This is 18% higher than the national average rent price of $1,641/month, making Hempstead one of the most expensive cities in the US. When you rent an apartment in Hempstead, you can expect to pay about $1,633 per month for a studio, $1,943 for a one-bedroom apartment, and around $2,649 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,357 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,633/month
551 Sq Ft
One Bedroom
$1,943/month
707 Sq Ft
Two Bedroom
$2,649/month
931 Sq Ft
Three Bedroom
$3,357/month
1,152 Sq Ft
Floor Plan Type
Average Rent
Average 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 Hempstead, NY?

In the past year, rent has increased by 1.3%, which averages out to $26 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Hempstead, NY
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Hempstead, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
7% $1,001 - $1,500/month
59% $1,501 - $2,000/month
34% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Hempstead?

Based on current rent prices, Country Club Park and Central Nassau" are the most affordable neighborhoods in Hempstead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Country Club Park
$3,109/month
884 Sq Ft
Central Nassau
$3,560/month
782 Sq Ft

What are the most expensive neighborhoods in Hempstead?

Based on current rent prices, Central Nassau and Country Club Park" are the most expensive neighborhoods in Hempstead.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Central Nassau
$3,560/month
782 Sq Ft
Country Club Park
$3,109/month
884 Sq Ft

Which Hempstead neighborhoods have the most rentals available?

The neighborhoods in Hempstead with the most apartments available are Central Nassau and Country Club Park" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Central Nassau
$3,560/month
782 Sq Ft
Country Club Park
$3,109/month
884 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Hempstead is $1,943, you’ll want to make about $6,476 per month or $77,712 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

Hempstead, NY

388 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Hempstead, 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 Hempstead, NY

Apartment Averages

Country Club Park

Hempstead, NY

Central Nassau

Hempstead, NY

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Uniondale Average Rent
  • West Hempstead Average Rent
  • Garden City Average Rent
  • Rockville Centre Average Rent

Apartment communities in Hempstead we think you'll love

Heritage Westminster

Heritage Westminster

111 Hempstead Tpke,
West Hempstead, NY 11552

$3,000 - $6,628

Studio - 3 Beds

Metro 303

Metro 303

303 Main St,
Hempstead, NY 11550

$3,288 - $5,811

1-3 Beds

Bedell Terrace

Bedell Terrace

23 Bedell St,
Hempstead, NY 11550

$1,678 - $2,434

Studio - 2 Beds

West 130

West 130

130 Hempstead Ave,
West Hempstead, NY 11552

$3,221 - $5,778

1-3 Beds

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United States New York Hempstead 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 February 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