Floral Park renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Floral Park is about $735 per month. This puts it in the 3rd percentile compared to the city average cost of rent, which is $794. Households in Floral Park have a median income of $5,082 per month so the average renter in Floral Park is spending roughly 14% of their earnings on housing.
Nationally, and in Floral Park, home values are the data point most closely correlated with the cost of rent. The median price of a home in Floral Park is $184,423 right now, which is lower than nearby neighborhoods, meaning that rents in Floral Park also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Floral Park while lower rent rates are often available in eastern areas.
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