What is the median rent in Franklin Square, NY?

Name: Median rent in Franklin Square, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Franklin Square, NY is $2,102 (±$202) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,520 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Franklin Square, the median gross rent went from $1,761 in 2015–2019 to $2,102 in 2020–2024 (+19.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,102 (±$202)
Rented homes: 1,520 (±382)
$2,000 or more: 55.2%
Since 2015–2019: +19.4%

How much rent costs in Franklin Square

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Franklin Square	Nassau County	New York	United States
Less than $500	1.6% (±1.8 points)	5.6%	7.8%	6.3%
$500 to $999	4.6% (±3.9 points)	6.4%	15.2%	20.2%
$1,000 to $1,499	21.4% (±10.6 points)	10.8%	22.2%	28.1%
$1,500 to $1,999	17.2% (±9.9 points)	17.1%	19.8%	21.1%
$2,000 to $2,499	25.6% (±11.4 points)	20.0%	14.3%	12.0%
$2,500 to $2,999	22.2% (±10.4 points)	14.0%	7.6%	5.5%
$3,000 or more	7.4% (±5.0 points)	26.1%	13.2%	6.8%

The most common range is $2,000 to $2,499, paid by 25.6% of renting households.

55.2% of rented homes in Franklin Square cost $2,000 or more a month.

Franklin Square against Nassau County, its state and the nation

Estimate (90% margin of error)
	Franklin Square	Nassau County	New York	United States
Median gross rent	$2,102 (±$202)	$2,252 (±$41)	$1,621 (±$7)	$1,413
Rented homes paying rent	1,520 (±382)	77,894 (±2,151)	3,406,652 (±12,095)	42,849,984

In Franklin Square, median gross rent is not measurably different from Nassau County ($2,252).

It is also higher than in New York ($1,621).

It is higher than the national figure ($1,413).

In Nassau County, Franklin Square ranks 44 of 55 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 146 of 349.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Franklin Square has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,761 (±$79)	$2,102 (±$202)	+19.4%	No measurable change after inflation
Households that rent	18.0% (±3.1 points)	16.8% (±3.8 points)	−1.2 percentage points	Not a measurable change
Rental vacancy rate	0.0% (±1.8 points)	1.9% (±3.0 points)	+1.9 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Franklin Square

Nearest places with a published estimate, compared with Franklin Square
Place	Distance	Median gross rent	Compared with this place
Franklin Square	—	$2,102 (±$202)	—
Garden City South	1.2 mi	$2,638 (±$423)	Higher
Village of Stewart Manor	1.4 mi	$1,921 (±$253)	Not measurably different
West Hempstead	1.4 mi	$2,967 (±$725)	Higher
Elmont	1.5 mi	$2,209 (±$185)	Not measurably different
Village of South Floral Park	1.5 mi	$1,938 (±$719)	Not measurably different
Village of Malverne	1.8 mi	$1,898 (±$279)	Not measurably different
North Valley Stream	1.9 mi	$3,059 (±$638)	Higher
Village of Floral Park	2.0 mi	$2,243 (±$301)	Not measurably different

Nearby places with a measurably higher figure: Garden City South, NY ($2,638), West Hempstead, NY ($2,967), North Valley Stream, NY ($3,059).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Nassau County, place by place

Rank	Place	Median gross rent
38	Oceanside	$2,227 (±$120)
39	Oyster Bay (community)	$2,225 (±$360)
40	Elmont	$2,209 (±$185)
41	Port Washington	$2,184 (±$402)
42	Bellmore	$2,160 (±$979)
43	New Cassel	$2,134 (±$160)
44	Franklin Square	$2,102 (±$202)
45	Hewlett	$2,067 (±$1,029)
46	Bethpage	$2,014 (±$352)
47	Garden City Park	$2,009 (±$1,386)
48	Inwood	$1,977 (±$163)
49	Baldwin (community)	$1,890 (±$203)
50	University Gardens	$1,846 (±$414)

Showing 13 of 55 places in Nassau County, ranked from highest to lowest.

Franklin Square is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside the Town of Hempstead, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Square

What is the average rent in Franklin Square, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Square is $2,102 (±$202) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Franklin Square?

In Franklin Square, the median gross rent went from $1,761 in 2015–2019 to $2,102 in 2020–2024 (+19.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Franklin Square cost more than $2,000 a month?

55.2% of rented homes in Franklin Square have a gross rent of $2,000 or more a month, and 1.6% cost less than $500.

Is rent in Franklin Square higher than in Nassau County?

In Franklin Square, median gross rent is not measurably different from Nassau County ($2,252).

It is also higher than in New York ($1,621).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin Square CDP, New York (place:27309, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.