Average Rent in Nassau, NY↓ Rents falling 2.1% YoY🔺 2nd priciest in NY

Nassau, NY has rental prices ranging from $1,964/month to $3,671/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $2,285/month — 63% above the national average of $1,400/month. With a median household income of $97,334/year, spending $2,285/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 $2,689/month, Nassau ranks #2 most expensive of the 43 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 fallen by $58/month (2.1%) over the past year, from $2,747 to $2,689. This slight decline is consistent with broader market corrections 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 $91,400. The local median household income of $97,334 exceeds that threshold by $5,934, making Nassau relatively accessible compared to local wages.

Is Nassau, NY Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Nassau?

Break-even analysis and mortgage estimates based on local market data.

Living in Nassau

Cost of living, job market, crime rates, and moving cost estimates.