salaryRent is higher than in 85% of U.S. cities. A typical house costs about 4.2 years of household income. Most homes (84.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $98,640 a year. That is $47 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 217 of 343 cities from cheapest to most expensive.
How much do households earn in Islip?
Share of households by yearly income. 49.9% of households earn $100,000 or more.
Rent by apartment size in Islip
| Size | Islip | U.S. average |
|---|---|---|
| Studio | $2,284 | $1,338 |
| 1 bedroom | $2,317 | $1,324 |
| 2 bedrooms | $2,579 | $1,509 |
| 3 bedrooms | $2,477 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Islip overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Islip, so the New York figure is shown.
Taxes and bills in Islip
Life in Islip
Is it cheaper to rent or buy in Islip?
Renting is cheaper right now: about $1,296 a month less.
Owning assumes a typical $542,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $54,220 for the down payment.
Frequently asked questions
What is the average rent in Islip, NY?
Renting in Islip costs a median of about $2,466 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Islip?
To keep rent under 30% of income, you need about $98,640 a year, or $47 an hour at a full-time job.
Is Islip cheap or expensive?
Islip is rated OK: rent takes 22.7% of the typical household income of $130,400. It ranks 217th cheapest of 343 New York cities we track.
How much are property taxes in Islip?
The median homeowner in Islip pays $10,000+ a year in property taxes, about 1.84% of the median home value.
Is Islip 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 Islip?
The median home value in Islip is $542,200, about 4.2 times the typical yearly household income.
17,362 people live in Islip. Numbers are typical (middle) values.