City Report · NY

Port Washington

Pop. 18,004·8th most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$4,354/mo
Year-over-Year
Stable
Month-over-Month
+1.3%
vs US Median
+$2,422
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Port Washington · $4,354
More expensive than 98% of US cities · National median $1,932/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $4,354/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$174,000/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 $4,354 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: October 17, 2026

From the history

What the numbers show

Recent direction

Rent has risen 4 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($170,127) is $4,253 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,180).

Cheaper nearby

Glen Cove, 4 miles away, rents for 15% less ($3,702/mo), about $7,800 a year in savings.

From Zillow's monthly rent index (ZORI) for Port Washington. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$52,248/yr
At $4,354/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.3% MoM), not inventory.
Rent check

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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 $4,354/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: October 17, 2026

The median rent in Port Washington is $4,354/mo as of October 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 31% of local median household income ($170,127/yr), Port Washington ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $174,000/year (about $84/hour full-time) to afford the median rent of $4,354/mo in Port Washington. The local median household income is $170,127/yr, so the typical household falls short of that bar.

Is rent going up or down in Port Washington?

Rent in Port Washington has been roughly flat over the past year, a 0.0% change.

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

Port Washington is one of the pricier among New York cities for rent, ranking #8 of 121 tracked cities at $4,354/mo.

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

Nearby cities with lower median rent than Port Washington ($4,354/mo) include New Rochelle ($2,995/mo), Glen Cove ($3,702/mo), and Mineola ($3,886/mo).
Income Affordability
31%
MODERATE

At $4,354/mo, rent takes ~31% of Port Washington's median household income ($170,127/yr). The standard benchmark is 30%.

Port Washington 31%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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