States › New York › North New Hyde Park

Is North New Hyde Park, NY expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,05474% higher than U.S. average
💵 Families earn per year (2026)$185,977about $15,498/month · 114% higher than U.S. average
🔑 House price$796,700139% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 4.3 years of household income. Commutes are long, about 38.2 minutes each way. Most homes (96%) are owned, so rentals can be hard to find. It is a highly educated city: 59.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $122,160 a year. That is $59 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 286 of 343 cities from cheapest to most expensive.

North New Hyde Park
$3,054
$2,103
$3,426
$1,896

How much do households earn in North New Hyde Park?

Under $25k
2.7%
$25k–50k
5.7%
$50k–100k
20.6%
$100k–150k
26.5%
$150k+
43.4%

Share of households by yearly income. 69.9% of households earn $100,000 or more.

Rent by apartment size in North New Hyde Park

SizeNorth New Hyde ParkU.S. average
2 bedrooms$3,500+$1,509
3 bedrooms$3,166$1,698
4 bedrooms$2,883$2,098

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

How expensive is North New Hyde 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 North New Hyde Park, so the New York figure is shown.

Taxes and bills in North New Hyde Park

🏛️ Property tax$10,000+a year · 1.26% of home value · U.S. $3,119
⚡ Electric bill$172a month (typical) · U.S. $156

Life in North New Hyde Park

Commute to work38.2 minU.S.: 26.4 min
College degree59.5%U.S.: 35.7%
Own their home96%U.S.: 65.2%
Below poverty line3.1%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in North New Hyde Park?

Renting is cheaper right now: about $2,474 a month less.

Renting
$3,054
Owning
$5,528

Owning assumes a typical $796,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $79,670 for the down payment.

Frequently asked questions

What is the average rent in North New Hyde Park, NY?

Renting in North New Hyde Park costs a median of about $3,054 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in North New Hyde Park?

To keep rent under 30% of income, you need about $122,160 a year, or $59 an hour at a full-time job.

Is North New Hyde Park cheap or expensive?

North New Hyde Park is rated Cheap: rent takes 19.7% of the typical household income of $185,977. It ranks 286th cheapest of 343 New York cities we track.

How much are property taxes in North New Hyde Park?

The median homeowner in North New Hyde Park pays $10,000+ a year in property taxes, about 1.26% of the median home value.

Is North New Hyde 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 North New Hyde Park?

The median home value in North New Hyde Park is $796,700, about 4.3 times the typical yearly household income.

14,159 people live in North New Hyde Park. Numbers are typical (middle) values.