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City Report · NY

Port Washington

Pop. 18,004·16th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$3,846/mo
Year-over-Year
+4.3%
Month-over-Month
-8.6%
vs US Median
+$1,884
Falling (Monthly)
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Most AffordableMost Expensive
Port Washington · $3,846
More expensive than 97% of US cities · National median $1,962/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $3,846/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$154,000/yr
Local median income
$170,127/yr
Based on the 30%-of-income rule using Port Washington's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,150
1 BR
$2,610
2 BR
$3,010
3 BR
$3,900
4 BR+
$4,180
Fair Market Rent (HUD)
$3,010/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,846 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$46,152/yr
At $3,846/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+4.3% YoY, -8.6% MoM), not inventory.
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Demographics

Who lives here

Port Washington, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 72.1% of residents hold a bachelor's degree or higher.

Population
18,004
Median income
$170,127
Median age
42.1
Renters
23.1%
Age distribution
27.4%
13.1%
27.9%
20.5%
Under 1827.4%
18–3413.1%
35–5427.9%
55–6411.1%
65+20.5%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
71%
15.1%
White71%
Black1.4%
Hispanic15.1%
Asian10%
Other2.5%
Education (25+)
12.5%
72.1%
No HS diploma4.5%
HS diploma12.5%
Some college11%
Bachelor's+72.1%
Housing tenure
76.9%
23.1%
Owner76.9%
Renter23.1%

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

2021 vs 2026

How Port Washington, NY has changed in 5 years

Income
$156,214 → $170,127
up 8.9%
Population
16,807 → 18,004
up 7.1%
Renter share
21.5% → 23.1%
+1.6 pts
Bachelor's+
71% → 72.1%
+1.1 pts

Median household income grew from $156,214 to $170,127 between 2021 and 2024, a 8.9% shift. Headcount in the area went from 16,807 to 18,004 between 2021 and 2024, a 7.1% change. About 23.1% of households rent today, against 21.5% in 2021.

Community

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View Port Washington rent history (2015–2026) →
Salary vs rent

Can you afford rent in Port Washington on your salary?

At $3,846/mo, how Port Washington rent compares to typical pay (30% rule).

By apartment size

Port Washington rent by bedroom count

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

Local insights

Tips for renters in Port Washington

About renting in Port Washington, NY

Last updated: August 17, 2026

The median rent in Port Washington is $3,846/mo as of August 2026. A studio apartment averages $2,150/mo while a 2-bedroom runs $3,010/mo. One-bedroom apartments average $2,610/mo and 3-bedroom units go for $3,900/mo.

At 27% of local median household income ($170,127/yr), Port Washington ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

Is Port Washington an affordable city for renters?

Port Washington is considered affordable for renters. At $3,846/mo, rent takes approximately 27% of the local median household income ($170,127/yr). The standard benchmark is 30%. Port Washington falls comfortably within that range.

How much income do you need to rent in Port Washington?

To keep rent at or below 30% of gross income, you would need to earn at least $154,000/year (~$74/hour full-time) to afford the median rent of $3,846/mo in Port Washington. The local median household income is $170,127/yr, meaning the typical Port Washington household meets that threshold.

Is rent going up or down in Port Washington?

Rent in Port Washington has increased 4.3% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Port Washington rent compare to other cities in New York?

Port Washington is one of the pricier cities in New York for rent, ranking #16 out of 125 tracked cities at $3,846/mo.

Which nearby cities are cheaper to rent in than Port Washington?

Several nearby cities have lower median rents than Port Washington ($3,846/mo): New Rochelle ($2,989/mo), Mineola ($3,467/mo), Glen Cove ($3,721/mo).

What percentage of Port Washington residents rent vs. own?

According to Census data, approximately 23.1% of Port Washington households are renters, while 76.9% are owner-occupied. Port Washington leans toward homeownership, which can mean a smaller rental inventory.

How does Port Washington rent compare to the national average?

Port Washington's median rent of $3,846/mo is $1,884 (96%) above the US national median of $1,962/mo. Within New York, it ranks #16 out of 125 tracked cities.
Income Affordability
27%
AFFORDABLE

At $3,846/mo, rent takes ~27% of Port Washington's median household income ($170,127/yr). The standard benchmark is 30%.

Port Washington 27%Benchmark 30%
State income tax4–10.9%
Run the Port Washington affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Port Washington, NY

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