What is the median rent in Locust Valley, NY?

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

The median gross rent in Locust Valley, NY is $2,324 (±$536) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 172 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Locust Valley, the median gross rent went from $1,944 in 2015–2019 to $2,324 in 2020–2024 (+19.5%).

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: $2,324 (±$536)
Rented homes: 172 (±79)
$2,000 or more: 70.4%
Since 2015–2019: +19.5%

How much rent costs in Locust Valley

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Locust Valley	Nassau County	New York	United States
Less than $500	0.0% (±21.7 points)	5.6%	7.8%	6.3%
$500 to $999	0.0% (±21.7 points)	6.4%	15.2%	20.2%
$1,000 to $1,499	5.2% (±9.1 points)	10.8%	22.2%	28.1%
$1,500 to $1,999	24.4% (±21.6 points)	17.1%	19.8%	21.1%
$2,000 to $2,499	31.4% (±19.3 points)	20.0%	14.3%	12.0%
$2,500 to $2,999	0.0% (±21.7 points)	14.0%	7.6%	5.5%
$3,000 or more	39.0% (±20.5 points)	26.1%	13.2%	6.8%

The most common range is $3,000 or more, paid by 39.0% of renting households.

70.4% of rented homes in Locust Valley cost $2,000 or more a month.

Locust Valley against Nassau County, its state and the nation

Estimate (90% margin of error)
	Locust Valley	Nassau County	New York	United States
Median gross rent	$2,324 (±$536)	$2,252 (±$41)	$1,621 (±$7)	$1,413
Rented homes paying rent	172 (±79)	77,894 (±2,151)	3,406,652 (±12,095)	42,849,984

In Locust Valley, 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, Locust Valley ranks 34 of 55 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 101 of 349.

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

How rent in Locust Valley 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	$1,944 (±$239)	$2,324 (±$536)	+19.5%	No measurable change after inflation
Households that rent	28.0% (±7.1 points)	13.9% (±6.0 points)	−14.1 percentage points	Measurable decrease
Rental vacancy rate	0.0% (±9.0 points)	0.0% (±21.7 points)	0.0 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 Locust Valley

Nearest places with a published estimate, compared with Locust Valley
Place	Distance	Median gross rent	Compared with this place
Locust Valley	—	$2,324 (±$536)	—
Village of Lattingtown	1.2 mi	$3,500 or more	—
Village of Matinecock	1.4 mi	$3,500 or more	—
Village of Mill Neck	1.6 mi	$3,500 or more	—
Village of Bayville	2.5 mi	$2,127 (±$339)	Not measurably different
Village of Upper Brookville	2.5 mi	$1,750 (±$122)	Lower
Glen Head	2.7 mi	$2,440 (±$639)	Not measurably different
Glen Cove	2.9 mi	$2,398 (±$178)	Not measurably different
Village of Old Brookville	3.0 mi	$2,346 (±$538)	Not measurably different

Nearby places with a measurably lower figure: Village of Upper Brookville, NY ($1,750).

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
28	Uniondale	$2,494 (±$393)
29	Seaford	$2,489 (±$860)
30	Glenwood Landing	$2,455 (±$348)
31	Glen Head	$2,440 (±$639)
32	South Farmingdale	$2,408 (±$409)
33	Carle Place	$2,327 (±$234)
34	Locust Valley	$2,324 (±$536)
35	North Massapequa	$2,302 (±$194)
36	Wantagh	$2,270 (±$567)
37	South Hempstead	$2,267 (±$973)
38	Oceanside	$2,227 (±$120)
39	Oyster Bay (community)	$2,225 (±$360)
40	Elmont	$2,209 (±$185)

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

Locust Valley 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 Oyster Bay, 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 Locust Valley

What is the average rent in Locust Valley, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in Locust Valley is $2,324 (±$536) 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 Locust Valley?

In Locust Valley, the median gross rent went from $1,944 in 2015–2019 to $2,324 in 2020–2024 (+19.5%).

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 Locust Valley cost more than $2,000 a month?

70.4% of rented homes in Locust Valley have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Locust Valley higher than in Nassau County?

In Locust Valley, 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 Locust Valley CDP, New York (place:43192, 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.