Average Rent in Nassau, NY↑ Rents rising 3.1% YoY🔺 2nd priciest in NY
HUD FY2025 · Official government data · Updated annually · Metro pop. 19,756,722
Market Overview
Nassau, NY has rental prices ranging from $1,848/month to $3,591/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $2,241/month — 60% above the national average of $1,400/month. With a median household income of $97,334/year, spending $2,241/month on a 1-bedroom represents 28% of gross income — within the recommended 30% threshold.
How Nassau Compares
With an average 2-bedroom rent of $2,586/month, Nassau ranks #2 most expensive of the 41 cities tracked in New York — pricier than 99% of all US cities in our data.
The Nassau Rental Market
The Nassau, NY area has a population of about 19,756,722 and 49% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.
Rent Trends
2-bedroom rents in Nassau, NY have risen by $78/month (3.1%) over the past year, from $2,508 to $2,586. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Nassau, NY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $89,640. The local median household income of $97,334 exceeds that threshold by $7,694, making Nassau relatively accessible compared to local wages.
Fair Market Rents
HUD FY2025Is Nassau, NY Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Rent or Buy in Nassau?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Nassau data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Nassau
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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