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City Report · NY

Mineola

Pop. 21,211·28th most expensive in New York·Mineola rents have dropped 7.0%, currently a renter's market
Median rent (all units)
$3,341/mo
Year-over-Year
-7.0%
Month-over-Month
-6.7%
vs US Median
+$1,376
Falling (Monthly)
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Most AffordableMost Expensive
Mineola · $3,341
More expensive than 94% of US cities · National median $1,965/mo
Rent Reality Score
75/100
Good value
OverheatedFairGreat value

Rents are 12% below what Mineola's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$3,341/mo
Expected by trend
$3,810/mo
The Rent Reality Score compares today's median rent to where Mineola's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,230
2 BR
$2,570
3 BR
$3,330
4 BR+
$3,570
Research median
$2,570/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
$40,092/yr
At $3,341/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 7.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-7.0% YoY, -6.7% MoM), not inventory.
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Demographics

Who lives here

Mineola, NY is majority owner-occupied, has a median income above the national average, 57.6% of residents hold a bachelor's degree or higher.

Population
21,211
Median income
$137,739
Median age
41.6
Renters
32%
Age distribution
19.3%
21.2%
26.6%
16.8%
16.2%
Under 1819.3%
18–3421.2%
35–5426.6%
55–6416.8%
65+16.2%
Gender
53.3%
46.7%
Male53.3%
Female46.7%
Race & ethnicity
63.5%
14.5%
16.2%
White63.5%
Black2.1%
Hispanic14.5%
Asian16.2%
Other3.7%
Education (25+)
14.4%
16.7%
57.6%
No HS diploma11.3%
HS diploma14.4%
Some college16.7%
Bachelor's+57.6%
Housing tenure
68%
32%
Owner68%
Renter32%

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

2023 vs 2026

How Mineola, NY has changed in 5 years

Rent
$3,167 → $3,341
up 5.5%
Income
$113,571 → $137,739
up 21.3%
Population
20,837 → 21,211
up 1.8%
Renter share
35.4% → 32%
-3.4 pts
Bachelor's+
48.9% → 57.6%
+8.7 pts

Five years ago, renters in Mineola, NY paid around $3,167 a month. That figure now sits near $3,341, up 5.5% from the 2023 baseline. Census figures show median household income at $137,739 today, compared with $113,571 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Mineola, NY adding about 374 residents over the five-year window, up 1.8% on net. The renter share has eased from 35.4% to 32%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 48.9% to 57.6% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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

Can you afford rent in Mineola on your salary?

At $3,341/mo, how Mineola rent compares to typical pay (30% rule).

By apartment size

Mineola rent by bedroom count

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

Local insights

Tips for renters in Mineola

About renting in Mineola, NY

Last updated: July 20, 2026

The median rent in Mineola is $3,341/mo as of July 2026. A studio apartment averages $1,840/mo while a 2-bedroom runs $2,570/mo. One-bedroom apartments average $2,230/mo and 3-bedroom units go for $3,330/mo.

At 29% of local median household income ($137,739/yr), Mineola ranks as affordable compared to the national benchmark of 30%. Rents have decreased 7.0% over the past year.

FAQ

Frequently asked questions

Is Mineola an affordable city for renters?

Mineola is considered affordable for renters. At $3,341/mo, rent takes approximately 29% of the local median household income ($137,739/yr). The standard benchmark is 30%. Mineola falls comfortably within that range.

How much income do you need to rent in Mineola?

To keep rent at or below 30% of gross income, you would need to earn at least $134,000/year (~$64/hour full-time) to afford the median rent of $3,341/mo in Mineola. The local median household income is $137,739/yr, meaning the typical Mineola household meets that threshold.

Is rent going up or down in Mineola?

Rent in Mineola has decreased 7.0% over the past year as of July 2026, offering some relief compared to 12 months ago.

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

Mineola is one of the pricier cities in New York for rent, ranking #28 out of 126 tracked cities at $3,341/mo.

Which nearby cities are cheaper to rent in than Mineola?

Franklin Square is nearby and more affordable at $2,850/mo, which is $491 less than Mineola.

What percentage of Mineola residents rent vs. own?

According to Census data, approximately 32% of Mineola households are renters, while 68% are owner-occupied. Mineola leans toward homeownership, which can mean a smaller rental inventory.

How does Mineola rent compare to the national average?

Mineola's median rent of $3,341/mo is $1,376 (70%) above the US national median of $1,965/mo. Within New York, it ranks #28 out of 126 tracked cities.
Income Affordability
29%
AFFORDABLE

At $3,341/mo, rent takes ~29% of Mineola's median household income ($137,739/yr). The standard benchmark is 30%.

Mineola 29%Benchmark 30%
State income tax4–10.9%
Run the Mineola affordability calculator →
Lowest-rent ZIP codes in Mineola
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Mineola, NY

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