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City Report · NY

Farmingdale

Pop. 8,474·40th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$3,028/mo
Year-over-Year
Stable
Month-over-Month
+9.6%
vs US Median
+$1,063
Rising (Monthly)
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Most AffordableMost Expensive
Farmingdale · $3,028
More expensive than 91% of US cities · National median $1,965/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $3,028/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$121,000/yr
Local median income
$122,980/yr
Based on the 30%-of-income rule using Farmingdale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$2,150
2 BR
$2,480
3 BR
$3,210
4 BR+
$3,440
Research median
$2,480/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$36,336/yr
At $3,028/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +9.6% MoM), not inventory.
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Demographics

Who lives here

Farmingdale, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.7% of residents hold a bachelor's degree or higher.

Population
8,474
Median income
$122,980
Median age
43.5
Renters
30%
Age distribution
19.2%
21%
21.6%
17.2%
21%
Under 1819.2%
18–3421%
35–5421.6%
55–6417.2%
65+21%
Gender
45%
55%
Male45%
Female55%
Race & ethnicity
74.4%
16.8%
White74.4%
Black2.8%
Hispanic16.8%
Asian5.6%
Education (25+)
16.7%
22.7%
52.7%
No HS diploma7.8%
HS diploma16.7%
Some college22.7%
Bachelor's+52.7%
Housing tenure
70%
30%
Owner70%
Renter30%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Farmingdale, NY has changed in 5 years

Income
$116,103 → $122,980
up 5.9%
Population
8,468 → 8,474
up 0.1%
Renter share
32.2% → 30%
-2.2 pts
Bachelor's+
46.6% → 52.7%
+6.1 pts
Median age
45.7 → 43.5
-2.2 yrs

Census figures show median household income at $122,980 today, compared with $116,103 five years earlier. The renter share has eased from 32.2% to 30%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.6% to 52.7% across the same window.

Community

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View Farmingdale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Farmingdale on your salary?

At $3,028/mo, how Farmingdale rent compares to typical pay (30% rule).

By apartment size

Farmingdale rent by bedroom count

Median rent for each apartment size in Farmingdale. Click any size for full breakdown.

Local insights

Tips for renters in Farmingdale

About renting in Farmingdale, NY

Last updated: July 20, 2026

The median rent in Farmingdale is $3,028/mo as of July 2026. A studio apartment averages $1,770/mo while a 2-bedroom runs $2,480/mo. One-bedroom apartments average $2,150/mo and 3-bedroom units go for $3,210/mo.

At 30% of local median household income ($122,980/yr), Farmingdale ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Farmingdale an affordable city for renters?

Farmingdale is considered moderate for renters. At $3,028/mo, rent takes approximately 30% of the local median household income ($122,980/yr). The standard benchmark is 30%. Farmingdale slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Farmingdale?

To keep rent at or below 30% of gross income, you would need to earn at least $121,000/year (~$58/hour full-time) to afford the median rent of $3,028/mo in Farmingdale. The local median household income is $122,980/yr, meaning the typical Farmingdale household meets that threshold.

Is rent going up or down in Farmingdale?

Rent in Farmingdale has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Farmingdale rent compare to other cities in New York?

Farmingdale is one of the pricier cities in New York for rent, ranking #40 out of 126 tracked cities at $3,028/mo.

Which nearby cities are cheaper to rent in than Farmingdale?

West Babylon is nearby and more affordable at $2,790/mo, which is $238 less than Farmingdale.

What percentage of Farmingdale residents rent vs. own?

According to Census data, approximately 30% of Farmingdale households are renters, while 70% are owner-occupied. Farmingdale leans toward homeownership, which can mean a smaller rental inventory.

How does Farmingdale rent compare to the national average?

Farmingdale's median rent of $3,028/mo is $1,063 (54%) above the US national median of $1,965/mo. Within New York, it ranks #40 out of 126 tracked cities.
Income Affordability
30%
MODERATE

At $3,028/mo, rent takes ~30% of Farmingdale's median household income ($122,980/yr). The standard benchmark is 30%.

Farmingdale 30%Benchmark 30%
State income tax4–10.9%
Run the Farmingdale affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Farmingdale, NY

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