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    Average Rent in Great Neck, NY (2026)

    The average 1-bedroom rent in Great Neck, NY is $2,563/month as of 2026, based on HUD data across 3 ZIP codes. Rents have changed +2.0% year over year. Rents range from $2,320 to $2,870.

    Average Rent · 1-Bedroom

    $2,563/mo

    Source: HUD Fair Market Rent · 3 zip codes

    Year-over-Year

    ↑ +2.0%

    Source: Apartment List, HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Great Neck, NY is $2,563/month according to HUD FY2026 Fair Market Rent data, covering 3 ZIP codes. Rents have increased 2.0% year-over-year. The average 1-bedroom rent in Great Neck is 114% above the national average of $1,196/month.

    Average rent in Great Neck, NY ranges from $2,320 to $2,870 across 3 ZIP codes.

    Based on local market data, a fair rent increase in Great Neck, NY is approximately 2.0% for 2026. An increase above 2.0% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $2,563/mo
    Year-over-year change: +2.0%
    Coverage: 3 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 114% above ($1,196/mo)

    Sources: Apartment List, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.

    How much is rent in Great Neck, NY?

    The average 1-bedroom rent in Great Neck, NY is $2,563/month as of 2026, based on HUD data across 3 ZIP codes. Rents range from $2,320 to $2,870 depending on neighborhood — a $550/month spread. To afford this at the 30% rule, a household would need approximately $102,520/year.

    Is rent going up in Great Neck?

    Rents in Great Neck have increased 2.0% year over year based on local market data. This suggests a relatively stable rental market.

    What is a fair rent increase in Great Neck?

    Based on local market data, a rent increase around 2.0% is in line with the Great Neck market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    Rent Trends in Great Neck

    +2.0%

    Rents in Great Neck are rising at +2.0% year-over-year.

    ⚠ Mixed signals

    Market sources range from +1.0% to +6.6%

    Sources: Apartment List, HUD Fair Market Rent

    What Should Rent Cost in Great Neck?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$2,143 – $2,314

    A studio in Great Neck typically rents for $2,143 – $2,314.

    Rents above $2,661 are in the top 25% for this area.

    1-Bedroom$2,563 – $2,768

    A 1-bedroom in Great Neck typically rents for $2,563 – $2,768.

    Rents above $3,183 are in the top 25% for this area.

    2-Bedroom$2,960 – $3,197

    A 2-bedroom in Great Neck typically rents for $2,960 – $3,197.

    Rents above $3,677 are in the top 25% for this area.

    3-Bedroom$3,840 – $4,147

    A 3-bedroom in Great Neck typically rents for $3,840 – $4,147.

    Rents above $4,769 are in the top 25% for this area.

    4-Bedroom$4,063 – $4,388

    A 4-bedroom in Great Neck typically rents for $4,063 – $4,388.

    Rents above $5,046 are in the top 25% for this area.

    Federal Rent Benchmarks for Great Neck

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $2,143

    HUD Fair Market Rent

    1-Bedroom

    $2,563

    HUD Fair Market Rent

    2-Bedroom

    $2,960

    HUD Fair Market Rent

    3-Bedroom

    $3,840

    HUD Fair Market Rent

    4-Bedroom

    $4,063

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Great Neck

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    Zip Code1-BR SAFMR
    11020$2,870
    11023$2,500
    11021$2,320

    SAFMR rates are zip-specific.

    How Does Great Neck Compare?

    Questions about rent in Great Neck

    What is the average 1-bedroom rent in Great Neck, NY?

    The average 1-bedroom fair market rent in Great Neck, NY is $2,563/month as of 2026, based on HUD rent data across 3 ZIP codes in the city. This is 114% above the national average of $1,196/month. Rents range from $2,320 to $2,870 depending on ZIP code.

    What is a fair rent increase in Great Neck?

    A rent increase up to about 2.0% is broadly in line with the recent market trend in Great Neck. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $2,563/month.

    Are rents going up or down in Great Neck?

    Rents in Great Neck have increased 2.0% year over year based on local market data. This reflects local market conditions across 3 ZIP codes in the Nassau-Suffolk, NY HUD Metro FMR Area area.

    How much do rents vary across Great Neck?

    1-bedroom rents across Great Neck range from $2,320 to $2,870 on this page, a $550/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Great Neck?

    We could not identify a city-specific rent cap for Great Neck. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Great Neck?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Great Neck at $2,563/month, a household would need approximately $102,520/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Renter Tools

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    Renter Guides

    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →