Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Hempstead area can be challenging. Home prices in New Hempstead are now at a median cost of $566,130, higher than the New York average of $481,023.
The average cost of rent is $1,477/mo in New Hempstead, primarily driven by the current value of real estate in the New Hempstead area. While nearly 37.67% of residents own their homes outright in New Hempstead, 12.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Hempstead is $10,300 per month. Households that rent pay about 14.34% of their income on rent here. New Hempstead's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- New Square, NY: equally priced homes
- Wesley Hills, NY: higher priced homes
- Spring Valley, NY: less expensive homes
- Kaser, NY: higher priced homes
- Monsey, NY: higher priced homes
- New City, NY: equally priced homes
- Pomona, NY: less expensive homes
- Montebello, NY: higher priced homes
- Nanuet, NY: less expensive homes
- Ladentown, NY: equally priced homes
Cities with Similar Populations
- Carle Place, NY: equally priced homes
- Cassopolis, MI: less expensive homes
- Caruthersville, MO: less expensive homes
- Pioneer, CA: less expensive homes
- Carthage, NY: less expensive homes
- Carneys Point, NJ: less expensive homes
- West Greenwich, RI: less expensive homes
- Pittsfield, IL: less expensive homes
- Carlstadt, NJ: less expensive homes
- Carlisle, OH: less expensive homes
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