Greater Islip, New York Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Greater Islip, New York rental market.
Greater Islip, New York
Average Apartment Rent
$2,874
Y-o-Y Change in Average
Apartment Rent
5.3%
As of March 2026
Compared to a year ago, Greater Islip, New York apartments have recorded a 5.3% rent increase.
Greater Islip, New York Average apartment rent trend
Greater Islip, New York Average Apartment Rent
Greater Islip, New York Apartment rent ranges
At 59.23%, apartments priced $2,500 - $3,000 represent the bulk of Greater Islip, New York rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 16.1%.
Greater Islip, New York Housing tenure**
Renters take up 15% of Greater Islip, New York real estate, occupying a total of 909 units, while homeowners live in 5,228 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$53,729
Average household size of renter-occupied housing units**
2.29
Rental vacancy rate**
7.4%
Greater Islip, New York Renter-occupied housing units by no. of bedrooms**
There are 399 rentals in Greater Islip, New York with 2 beds making up the highest share of the market, at 44%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 14 units. Overall, the median number of rooms in Greater Islip, New York homes for rent is 4.
Greater Islip, New York Renter-occupied units by age of householder**
Most condos for rent in Greater Islip, New York are occupied by residents in the 45 - 54 years age group (25%), followed by those in the 60 - 64 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Greater Islip, New York Renter-occupied housing units by family type**
Greater Islip, New York Renter-occupied housing units by the presence of own children**
A total of 495 apartments for rent in Greater Islip, New York, or 54% of all rentals are family households. Additionally, 22% of rental homes include children under the age of 18 – that’s 198 units. All in all, the median size of a renter-occupied household in Greater Islip, New York is 2.29.
Greater Islip, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Greater Islip, New York.
Greater Islip, New York Renter-occupied units by year structure built**
The highest share of Greater Islip, New York apartment rentals, namely 24% or 217 units, were Built 1980 - 1989, followed by those Built 1950 - 1959 (18%, 166 units), and the ones Built 1970 - 1979 (16%, 145 units).
Greater Islip, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Greater Islip, New York renters (40%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Greater Islip, New York condos for rent is 2018.
Greater Islip, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 61% of Greater Islip, New York renters have 1 vehicle available per household, 21% of them have 2 vehicles available, and 8% have No vehicle available.
Greater Islip, New York Means of transportation to work of householders living in renter-occupied housing units**
Greater Islip, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greater Islip, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
