Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hempstead area can be challenging. Home prices in Hempstead are now at a median cost of $355,313, lower than the New York average of $481,023.
The average cost of rent is $1,731/mo in Hempstead, primarily driven by the current value of real estate in the Hempstead area. While nearly 23.46% of residents own their homes outright in Hempstead, 54.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hempstead is $6,334 per month. Households that rent pay about 27.33% of their income on rent here. Hempstead's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Uniondale, NY: equally priced homes
- East Garden City, NY: higher priced homes
- West Hempstead, NY: higher priced homes
- Garden City, NY: higher priced homes
- Roosevelt, NY: equally priced homes
- Baldwin, NY: higher priced homes
- Franklin Square, NY: higher priced homes
- Rockville Centre, NY: higher priced homes
- Mineola, NY: higher priced homes
- Carle Place, NY: higher priced homes
Cities with Similar Populations
- Lake Havasu City, AZ: less expensive homes
- Brentwood, NY: equally priced homes
- Ithaca, NY: less expensive homes
- Irvington, NJ: less expensive homes
- Tigard, OR: higher priced homes
- Vineland, NJ: less expensive homes
- Hamden, CT: less expensive homes
- Weslaco, TX: less expensive homes
- Fountainebleau, FL: less expensive homes
- Davenport, FL: less expensive homes
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