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ZIP Code · NY

ZIP 11040

Pop. 41,988·Nassau County·49th most expensive ZIP in New York
Median rent (all units)
$4,178/mo
Year-over-Year
Stable
Month-over-Month
+1.5%
vs US Median
+$2,213
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 11040 · $4,178
More expensive than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,250
1 BR
$2,660
2 BR
$3,060
3 BR
$3,960
4 BR+
$4,190
Research median
$3,060/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
$50,136/yr
At $4,178/mo median
Location
StateNY
CountyNassau County
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, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 11040 (New Hyde Park, NY) is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population
41,988
Median income
$154,696
Median age
43.6
Renters
11%
Age distribution
19.7%
19.5%
24.2%
15.3%
21.3%
Under 1819.7%
18–3419.5%
35–5424.2%
55–6415.3%
65+21.3%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
39.7%
48.2%
White39.7%
Black1.2%
Hispanic8%
Asian48.2%
Other3%
Education (25+)
18.3%
17.6%
55.9%
No HS diploma8.3%
HS diploma18.3%
Some college17.6%
Bachelor's+55.9%
Housing tenure
89%
Owner89%
Renter11%

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

2021 vs 2026

How ZIP 11040 in New Hyde Park, NY has changed in 5 years

Income
$140,368 → $154,696
up 10.2%
Population
42,634 → 41,988
down 1.5%
Renter share
13.3% → 11%
-2.3 pts
Bachelor's+
54.6% → 55.9%
+1.3 pts
Median age
43 → 43.6
+0.6 yrs

Median household income climbed from $140,368 to $154,696 between 2021 and 2024, a 10.2% shift. Census counts show ZIP 11040 in New Hyde Park, NY losing about 646 residents over the five-year window, down 1.5% on net. The renter share has eased from 13.3% to 11%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 11040

About renting in ZIP 11040

Last updated: July 20, 2026

ZIP code 11040 covers New Hyde Park, NY. The median rent here is $4,178/mo as of July 2026. A 1-bedroom rents for a median of $2,660/mo. A 2-bedroom rents for a median of $3,060/mo.

At 32% of local median household income ($154,696/yr), ZIP 11040 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 is rent in ZIP code 11040?

As of July 20, 2026, the median monthly rent in ZIP 11040 (New Hyde Park, NY) is $4,178. This is based on aggregated data from public sources and community submissions.

How does ZIP 11040 rent compare to the US average?

ZIP 11040's median rent of $4,178/mo is $2,213 (113%) above the US national median of $1,965/mo.

How does ZIP 11040 compare to other ZIPs in New York?

ZIP 11040 is one of the pricier ZIP codes in New York, ranking #49 out of 344 ZIPs tracked at $4,178/mo.

How much income do you need to rent in ZIP 11040?

To keep rent at or below 30% of gross income, you would need to earn at least $167,000/year (~$80/hour full-time) to afford the median rent of $4,178/mo in ZIP 11040. The local median household income is $154,696/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 11040?

Rent in ZIP 11040 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 11040 an affordable place to rent?

ZIP 11040 is considered moderate for renters. At $4,178/mo, rent takes approximately 32% of the local median household income ($154,696/yr). The standard benchmark is 30%. ZIP 11040 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 11040 residents rent vs. own?

According to Census data, approximately 11% of ZIP 11040 households are renters, while 89% are owner-occupied. ZIP 11040 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 11040 compare to the rest of New Hyde Park?

ZIP 11040 is pricier than New Hyde Park as a whole. At $4,178/mo, it's $67 above the New Hyde Park citywide median of $4,111/mo.

When was rent data for ZIP 11040 last updated?

Rent data for ZIP 11040 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $4,178/mo, rent takes ~32% of ZIP 11040's median household income ($154,696/yr). The standard benchmark is 30%.

ZIP 11040 32%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 11040 (New Hyde Park, NY)

Recent submissions

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