Great Neck, NY Rental Market Trends
What is the average rent in Great Neck?
The average rent for an apartment in Great Neck is $3,151, a 5% decrease compared to the previous year, when the average rent was $3,326.
Average Rent in Great Neck, NY
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $3,151 | -5% | 843 sq. ft. |
What is the average apartment size in Great Neck?
The average size for a Great Neck, NY apartment is 843 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Great Neck, NY Apartment Rent Ranges
- $1,501-$2,0006%
- > $2,00094%
Great Neck, NY Occupied Housing Units
- Renter-occupied Households20%
- Owner-occupied Households79%
644 or 20% of the households in Great Neck, NY are renter-occupied while 2,517 or 79% are owner-occupied.
Great Neck, NY Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Great Neck, NY | $2,398 | $2,398 | $2,377 | $3,077 | $3,108 | $3,137 | $3,326 | $3,216 | $3,137 | $3,151 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
Average Rent in Great Neck, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Harbor Hills | $4,048 |
| Saddle Rock | $4,048 |
| East Garden City | $3,828 |
| Garden City | $3,828 |
| Garden City South | $3,828 |
| Stewart Manor | $3,828 |
| Great Neck Village | $3,806 |
| Kings Point | $3,806 |
| New Cassel | $3,254 |
| Salisbury | $3,254 |
| Westbury Village | $3,254 |
| Great Neck Gardens | $3,152 |
| Kensington | $3,152 |
| Saddle Rock Estates | $3,152 |
| Rockville Centre | $3,124 |
| North Valley Stream | $3,107 |
| Hewlett | $3,099 |
| Hewlett Bay Park | $3,099 |
| Hewlett Harbor | $3,099 |
| Mineola Village | $2,931 |
| Lakeview | $2,906 |
| West Hempstead | $2,906 |
| Glen Cove | $2,881 |
| Woodbury Village | $2,864 |
| Lido Beach | $2,852 |
| Long Beach | $2,852 |
| Uniondale Village | $2,775 |
| East Norwich | $2,744 |
| Muttontown | $2,744 |
| East Hills | $2,714 |
| North Hills | $2,714 |
| Roslyn Estates | $2,714 |
| Roslyn Harbor | $2,714 |
| Roslyn Village | $2,714 |
| Levittown | $2,712 |
| East Meadow Village | $2,601 |
| Cedarhurst | $2,598 |
| Woodmere | $2,598 |
| East Massapequa | $2,566 |
| Massapequa | $2,566 |
| Massapequa Village | $2,566 |
| North Massapequa | $2,566 |
| Baxter Estates | $2,410 |
| Manorhaven | $2,410 |
| Port Washington | $2,410 |
| Port Washington North | $2,410 |
| Port Washington Village | $2,410 |
| Sands Point | $2,410 |
| Farmingdale Village | $2,339 |
| South Farmingdale | $2,339 |
| Hicksville | $2,299 |
| Great Neck Estates | $2,134 |
| Great Neck Plaza | $2,134 |
| Russell Gardens | $2,134 |
| Thomaston | $2,134 |
| University Gardens | $2,134 |
| Carle Place | $2,093 |
| Valley Stream | $2,092 |
| Valley Stream Village | $2,092 |
| Hempstead | $2,040 |
| Hempstead Village | $2,040 |
| South Hempstead | $2,040 |
| Lynbrook | $1,959 |
| Oceanside Village | $1,950 |
| South Valley Stream | $1,845 |
| East Rockaway | $1,685 |
| East Williston | $1,670 |
| Williston Park | $1,670 |
What are the most affordable neighborhoods in Great Neck?
The most affordable neighborhoods in Great Neck are East Williston, where the average rent goes for $1,670/month, Williston Park, where renters pay $1,670/mo on average, and East Rockaway, where the average rent goes for $1,685/mo. If you’re looking for other great deals, check out the listings from South Valley Stream ($1,845), Oceanside Village ($1,950), and Lynbrook ($1,959), where the asking prices are below the average Great Neck rent of $3,151/mo.
What are the most expensive neighborhoods in Great Neck?
The most expensive neighborhoods in Great Neck are Stewart Manor ($3,828), Harbor Hills ($4,048) and Saddle Rock ($4,048).
What are the most popular neighborhoods in Great Neck?
The most popular neighborhood in Great Neck is Port Washington, where there are 9 verified RENTCafé listings with an average rent of $2,410. Next up is Manorhaven, where apartments go for $2,410/month, followed by Glen Cove with $2,881 If you’re looking to rent in Great Neck’s most popular neighborhoods, make sure to also check out Uniondale Village, where renters pay $2,775 on average, and Port Washington Village, where the average monthly rent is $2,410.
Great Neck | Rent Comparison by Neighborhood
Rent in Baxter Estates is 15% higher than in Carle Place
Baxter Estates rent is 24% lower than Great Neck average
| Average Rent | $2,410 |
|---|
Carle Place rent is 34% lower than Great Neck average
| Average Rent | $2,093 |
|---|
How Great Neck Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| New York City | $3,374 | -14% |
| Manhattan | $3,615 | -14% |
| Hudson Valley | $1,992 | 4% |
| Brooklyn | $2,614 | -12% |
| Jersey City | $2,724 | -10% |
| Bronx | $1,620 | n/a |
| Hoboken | $3,304 | -8% |
| Rochester | $1,093 | 3% |
| Queens | $2,433 | -7% |
| Stamford | $2,437 | 2% |
| Great Neck | $3,151 | -5% |