States › New York › Floral Park

Is Floral Park, NY expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,31732% higher than U.S. average
💵 Families earn per year (2026)$161,866about $13,489/month · 86% higher than U.S. average
🔑 House price$789,600137% higher than U.S. average

Rent is higher than in 80% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 4.9 years of household income. Commutes are long, about 32.9 minutes each way. Most homes (85.5%) are owned, so rentals can be hard to find. It is a highly educated city: 59.8% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $92,680 a year. That is $45 an hour at a full-time job.

Is rent cheaper than other New York cities?

No. Rent here is more expensive than in most of New York. It is number 192 of 343 cities from cheapest to most expensive.

Floral Park
$2,317
$1,641
$3,374
$3,500+

How much do households earn in Floral Park?

Under $25k
6.1%
$25k–50k
10.4%
$50k–100k
23.2%
$100k–150k
25.8%
$150k+
34.1%

Share of households by yearly income. 60.0% of households earn $100,000 or more.

Rent by apartment size in Floral Park

SizeFloral ParkU.S. average
1 bedroom$1,972$1,324
2 bedrooms$3,070$1,509
3 bedrooms$2,514$1,698
4 bedrooms$3,172$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Floral Park overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Floral Park, so the New York figure is shown.

Taxes and bills in Floral Park

🏛️ Property tax$10,000+a year · 1.27% of home value · U.S. $3,119
⚡ Electric bill$164a month (typical) · U.S. $156

Life in Floral Park

Commute to work32.9 minU.S.: 26.4 min
College degree59.8%U.S.: 35.7%
Own their home85.5%U.S.: 65.2%
Below poverty line3%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

Is it cheaper to rent or buy in Floral Park?

Renting is cheaper right now: about $3,162 a month less.

Renting
$2,317
Owning
$5,479

Owning assumes a typical $789,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $78,960 for the down payment.

Frequently asked questions

What is the average rent in Floral Park, NY?

Renting in Floral Park costs a median of about $2,317 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Floral Park?

To keep rent under 30% of income, you need about $92,680 a year, or $45 an hour at a full-time job.

Is Floral Park cheap or expensive?

Floral Park is rated Cheap: rent takes 17.2% of the typical household income of $161,866. It ranks 192nd cheapest of 343 New York cities we track.

How much are property taxes in Floral Park?

The median homeowner in Floral Park pays $10,000+ a year in property taxes, about 1.27% of the median home value.

Is Floral Park more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Floral Park?

The median home value in Floral Park is $789,600, about 4.9 times the typical yearly household income.

16,169 people live in Floral Park. Numbers are typical (middle) values.