Hempstead Village, NY Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hempstead Village is $2,507, a 4.9% increase compared to the previous year, when the average rent was $2,390.
Studio Apartments at $1,787 offer the most budget-friendly option with 432 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 639 square feet for $2,399, balancing privacy and affordability.
Two-beedroom units at $2,903 offer 957 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,150 sq ft) for $3,049, suitable for larger households.
Average rent in Hempstead Village, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,507 | 736 sq. ft. |
| Studio | $1,787 | 432 sq. ft. |
| 1 Bed | $2,399 | 639 sq. ft. |
| 2 Beds | $2,903 | 957 sq. ft. |
| 3 Beds | $3,049 | 1,150 sq. ft. |
Hempstead Village, NY rent trends
Rental prices in Hempstead Village, NY have increased by 4.9% over the past year. The average rent moved from $2,390 to $2,507.
What's the typical rent budget in Hempstead Village, NY?
The largest share of rentals in Hempstead Village, NY (55%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hempstead Village, NY?
9,387 or 54% of the households in Hempstead Village, NY are renter-occupied while 7,917 or 46% are owner-occupied.
How Hempstead Village Compares to Other Cities
| City | Average Rent |
|---|---|
| New York City | $5,284 |
| Manhattan | $5,632 |
| Brooklyn | $4,205 |
| Hudson Valley | $2,595 |
| Queens | $4,171 |
| Buffalo | $1,410 |
| Albany | $1,728 |
| Ithaca | $2,300 |
| Rochester | $1,512 |
| Troy | $1,588 |
| Uniondale Village | $3,498 |
| Hempstead Village | $2,507 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hempstead Village apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.