Much like other places in this area, it is significantly more expensive compared to the United States as a whole. Compared to the city of New York however, it's a bit less expensive.
Home prices
South Hempstead's median home cost is $434,500. Compared to the surrounding areas this is approximately $7,680 (1%) higher.Compared to the United States as a whole it is roughly $217,000 (99%) higher, and it is about $171,500 (28%) lower in comparison to the city of New York.
Rents
The median monthly rent in South Hempstead is $2,522. This is about $818 (48%) higher compared to the surrounding areas.It is roughly $1,460 (137%) higher in comparison to the US as a whole, and it is about $1,079 (74%) higher compared to the city of New York.
Nearby places
Rockville Centre
Rockville Centre is South Hempstead's neighbor to the southwest. Housing prices there are substantially more expensive. The median home in Rockville Centre costs $651,700, which works out to $217,200 (33%) higher than South Hempstead. Rent there is significantly less expensive. In Rockville Centre the median rent is $1,622 a month, which works out to $900 (55%) lower than South Hempstead.
Baldwin
Baldwin is South Hempstead's neighbor to the southeast. The real estate prices there are a little less expensive. The median home price in Baldwin is $390,800, which works out to $43,700 (11%) lower than South Hempstead. Its rents are a lot less expensive. The median monthly rent in Baldwin is $1,713, which comes out to $809 (47%) lower than South Hempstead.
Hempstead
Hempstead is South Hempstead's neighbor to the north. Its real estate prices are substantially less expensive. The median home in Hempstead is valued at $321,200, which comes out to $113,300 (35%) lower than South Hempstead. Rents there are a lot less expensive. In Hempstead the median rent is $1,450 a month, which is $1,072 (73%) lower than South Hempstead.
West Hempstead
West Hempstead is South Hempstead's neighbor to the northwest. The real estate prices there are somewhat more expensive. The median home in West Hempstead is valued at $461,300, which is $26,800 (5%) higher than South Hempstead. Rents there are a bit less expensive. In West Hempstead the median monthly rent is $1,923, which works out to $599 (31%) lower than South Hempstead.
Roosevelt
Roosevelt is about 1 mile east from South Hempstead. Real estate prices there are substantially less expensive. Roosevelt's median home price is $309,100, which works out to $125,400 (40%) lower than South Hempstead. Rent there is substantially less expensive. Roosevelt's median monthly rent is $1,811, which comes out to $711 (39%) lower than South Hempstead.
