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ZIP Code · NY

ZIP 11550

Pop. 60,960·Nassau County·81st most expensive ZIP in New York
Median rent (all units)
$3,370/mo
Year-over-Year
Stable
Month-over-Month
-4.0%
vs US Median
+$1,405
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 11550 · $3,370
More expensive than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,730
1 BR
$2,060
2 BR
$2,380
3 BR
$3,090
4 BR+
$3,260
Research median
$2,380/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
$40,440/yr
At $3,370/mo median
Location
StateNY
CountyNassau County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 11550 (Hempstead, NY) is roughly split between renters and owners, has a median income above the national average, 21.9% of residents hold a bachelor's degree or higher.

Population
60,960
Median income
$92,677
Median age
38.8
Renters
50.3%
Age distribution
22.3%
23.4%
27.6%
12.8%
13.9%
Under 1822.3%
18–3423.4%
35–5427.6%
55–6412.8%
65+13.9%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
44.1%
44.5%
White7.8%
Black44.1%
Hispanic44.5%
Asian2.8%
Other0.8%
Education (25+)
23.8%
31.1%
23.3%
21.9%
No HS diploma23.8%
HS diploma31.1%
Some college23.3%
Bachelor's+21.9%
Housing tenure
49.7%
50.3%
Owner49.7%
Renter50.3%

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

2021 vs 2026

How ZIP 11550 in Hempstead, NY has changed in 5 years

Income
$76,430 → $92,677
up 21.3%
Population
60,673 → 60,960
up 0.5%
Renter share
53.3% → 50.3%
-3.0 pts
Bachelor's+
18.3% → 21.9%
+3.6 pts
Median age
35.6 → 38.8
+3.2 yrs

Census figures show median household income at $92,677 today, compared with $76,430 five years earlier. Renters now make up 50.3% of households, compared with 53.3% five years ago. College-educated residents now make up 21.9% of adults here, versus 18.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 11550

About renting in ZIP 11550

Last updated: July 20, 2026

ZIP code 11550 covers Hempstead, NY. The median rent here is $3,370/mo as of July 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,380/mo.

At 44% of local median household income ($92,677/yr), ZIP 11550 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 11550?

As of July 20, 2026, the median monthly rent in ZIP 11550 (Hempstead, NY) is $3,370. This is based on aggregated data from public sources and community submissions.

How does ZIP 11550 rent compare to the US average?

ZIP 11550's median rent of $3,370/mo is $1,405 (72%) above the US national median of $1,965/mo.

How does ZIP 11550 compare to other ZIPs in New York?

ZIP 11550 is one of the pricier ZIP codes in New York, ranking #81 out of 344 ZIPs tracked at $3,370/mo.

How much income do you need to rent in ZIP 11550?

To keep rent at or below 30% of gross income, you would need to earn at least $135,000/year (~$65/hour full-time) to afford the median rent of $3,370/mo in ZIP 11550. The local median household income is $92,677/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 11550?

Rent in ZIP 11550 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 11550 an affordable place to rent?

ZIP 11550 is considered stretched for renters. At $3,370/mo, rent takes approximately 44% of the local median household income ($92,677/yr). The standard benchmark is 30%. ZIP 11550 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 11550 residents rent vs. own?

According to Census data, approximately 50.3% of ZIP 11550 households are renters, while 49.7% are owner-occupied. With a majority renter population, ZIP 11550 has a strong rental market.

How does ZIP 11550 compare to the rest of Hempstead?

ZIP 11550 sits right at the Hempstead citywide median of $3,370/mo.

When was rent data for ZIP 11550 last updated?

Rent data for ZIP 11550 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
44%
STRETCHED

At $3,370/mo, rent takes ~44% of ZIP 11550's median household income ($92,677/yr). The standard benchmark is 30%.

ZIP 11550 44%Benchmark 30%
State income tax4–10.9%
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Schools nearby

Public schools near ZIP 11550 (Hempstead, NY)

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