In Elmont, a typical home is worth $602,900 and typical rent is $2,209 a month. Compared with all of Nassau County, typical household income is 22% lower and the typical home value is 12% lower.
Typical home value from Zillow, September 2021 to September 2026: from $566,419 to $737,846.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Elmont is in Nassau County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Nassau County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical household income in Elmont is $114,217,22% less than in Nassau County as a whole ($146,202).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Elmont
What homes there are in Elmont, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Elmont
Nassau County
New York
United States
Kind of home: Elmont and its comparisons
Measure
Elmont
Nassau County
New York
United States
Detached house
79%
76%
41%
61%
Attached house
Unreliable estimate
3%
6%
6%
Building of 2 to 4
13%
8%
17%
8%
Apartments (5 or more)
Unreliable estimate
13%
35%
19%
Mobile home
Unreliable estimate
0%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Elmont, 8 in 10 homes are single-family detached houses; in Nassau County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Elmont
Nassau County
New York
United States
Year built: Elmont and its comparisons
Measure
Elmont
Nassau County
New York
United States
Before 1960
73%
66%
52%
26%
1960–1979
16%
19%
22%
24%
1980–1999
7%
7%
14%
25%
2000–2009
3%
3%
6%
14%
2010 or later
Unreliable estimate
4%
6%
11%
By age, homes in Elmont look like those in Nassau County: the typical year built is 1952.
In Elmont, 75% of homes have 3 bedrooms or more, about the same as in Nassau County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K23%
$500K–$750K60%
$750K–$1M12%
$1M or moreUnreliable
Value of owner-occupied homes: Elmont and its comparisons
Measure
Elmont
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
23%
$500K–$750K
60%
$750K–$1M
12%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99920%
$2,000–$2,49929%
$2,500–$2,999Unreliable
$3,000 or more16%
Monthly rent with utilities: Elmont and its comparisons
Measure
Elmont
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
20%
$2,000–$2,499
29%
$2,500–$2,999
Unreliable estimate
$3,000 or more
16%
With a mortgage
$3,446 a month
Nassau County: $3,795 a month
Without a mortgage
$1,445 a month
Nassau County: $1,500 or more a month
Owners with a mortgage
70%
Nassau County: 62%
In Elmont, 70% of owners have a mortgage, and their typical cost is $3,446 a month, against $3,795 in Nassau County. Without one it drops to $1,445.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Elmont+50%
Nassau County+39%
New York+35%
United States+53%
Typical rent
Elmont+24%
Nassau County+27%
New York+27%
United States+33%
Typical household income
ElmontNo clear change
Nassau County+26%
New York+26%
United States+29%
Change since 2015–2019: Elmont and its comparisons
Measure
Elmont
Nassau County
New York
United States
Typical home value
+50%
+39%
+35%
+53%
Typical rent
+24%
+27%
+27%
+33%
Typical household income
No clear change
+26%
+26%
+29%
The typical home value in Elmont rose 50% since 2015–2019, more than in Nassau County (39%).
Rents in Elmont rose at about the same pace as in Nassau County: 24% since 2015–2019, against 27%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Elmont and its comparisons
Measure
Elmont
Nassau County
New York
United States
Rental vacancy
Unreliable estimate
4.5%
3.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
1.1%
0.9%
More than one person per room
7.8%
3.4%
5.3%
3.4%
People per household
3.65
2.99
2.49
2.53
Drive alone
64%
61%
49%
69%
Carpool
11%
7%
6%
9%
Public transit
14%
13%
22%
3%
Walk or bike
2%
2%
6%
3%
Work from home
7%
16%
15%
15%
Other means
3%
2%
2%
2%
Typical commute
30 to 39 minutes
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
More households are short on space in Elmont: 7.8% have more than one person per room; in Nassau County, 3.4%.
On average, a household in Elmont has 3.65 people, more than in Nassau County (2.99).
Carpooling is common in Elmont: 11% of workers get to work that way, against 7% in Nassau County.
Do the math
What would you pay each month for a home in Elmont?
A typical home costs more than the typical income allows
We start with a typical home in Elmont, worth $602,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 56% of the typical household income in Elmont, which is $114,217 a year. For that payment to be 28% of income, a household would need to earn about $229,807 a year.
The calculator's FHA and conventional loan limits are those of all of Nassau County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Elmont. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $21,102 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$5,362
at 7.18% · 30 years
Loan amount
$591,979
Total interest
$851,720
Paid off in
November 2056
Includes $10,181 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,665 a month
Tight
$2,665 to $3,427 a month
Hard
more than $3,427 a month
Your payment · 56%
Compared with the typical household income in Elmont ($114,217 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,010
Property tax
$834
Home insurance
$251
FHA mortgage insurance (MIP)
$267
You need at least $21,102 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $5,362; principal and interest $4,010.
The city and its county
Elmont and Nassau County
Elmont is in Nassau County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Elmont
Map of Nassau County, New York, with Elmont marked. Around it, the neighboring counties.
Elmont
Nassau County
Other cities with a page
Elmont's own numbers
Typical home value
$602,900
Typical monthly rent
$2,209
Typical yearly household income
$114,217
Households that own their home
79%
Effective property tax rate
1.66%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Nassau County
FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,689
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
9.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Nassau County.
A typical home in Elmont is worth $602,900: 12% below the county and 42% above New York. With the typical household income in Elmont ($114,217 a year), a typical home costs 5.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Elmont5.3 years
Nassau4.7 years
New York4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Nassau County
According to FHFA’s house price index, home prices in Nassau County rose 82% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Nassau County.
Yearly change in FHFA’s price index in Nassau County, 2016 to 2025
2016: +4.1% +4.1% 2016
2017: +6.0% +6.0% 2017
2018: +6.6% +6.6% 2018
2019: +3.8% +3.8% 2019
2020: +2.8% +2.8% 2020
2021: +7.0% +7.0% 2021
2022: +11.3% +11.3% 2022
2023: +5.7% +5.7% 2023
2024: +7.4% +7.4% 2024
2025: +7.0% +7.0% 2025
Change in FHFA’s price index in Nassau County, New York and the United States
Period
County
New York
U.S.
Last year (2025)
+7.0%
+6.0%
+2.9%
5 years (2020–2025)
+45%
+52%
+47%
10 years (2015–2025)
+82%
+86%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Elmont next to Nassau County, New York and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Elmont$602,900
Nassau$684,700
New York$423,800
United States$332,700
Typical monthly rent
Elmont$2,209
Nassau$2,252
New York$1,621
United States$1,413
Typical yearly household income
Elmont$114,217
Nassau$146,202
New York$85,974
United States$80,734
See the full table
Elmont next to Nassau County and New York
Measure
Elmont
Nassau County
New York
U.S.
Typical home value
$602,900 ▼12% below the county
$684,700
$423,800
$332,700
Typical monthly rent
$2,209
$2,252
$1,621
$1,413
Typical yearly household income
$114,217 ▼22% below the county
$146,202
$85,974
$80,734
Households that own their home
79% ▼3 points below the county
82%
54%
65%
Typical yearly property tax
$10,001
$10,001
$6,582
$3,119
Effective property tax rate
1.66% ▲0.2 points above the county
1.46%
1.55%
0.94%
Renters with high rent for their income
56% ▲1 points above the county
55%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Nassau County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Elmont
For a typical $602,900 home in Elmont, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Elmont's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,362a month
Least cash to close
Down payment
$21,102
Cash to close
$39,189
Rate
7.18%
Mortgage insurance
FHA MIP · $267
Conventional, 5% down$5,252a month
Down payment
$30,145
Cash to close
$48,232
Rate
7.18%
Mortgage insurance
PMI · $286
Conventional, 20% down, no PMI$4,353a month
Down payment
$120,580
Cash to close
$138,667
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,910a month
Down payment
$90,435
Cash to close
$108,522
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Elmont
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$5,362
$21,102
$591,980
7.18%
FHA MIP · $267
$39,189
580
Conventional, 5% down
$5,252
$30,145
$572,755
7.18%
PMI · $286
$48,232
620*
Conventional, 20% down, no PMI
$4,353
$120,580
$482,320
7.18%
None
$138,667
620*
ITIN, 15% down (example)
$4,910
$90,435
$512,465
8.18%
None
$108,522
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Elmont is $2,209 a month: about the same as the county. In Elmont, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Nassau County, by unit size. To pay the 2-bedroom one ($2,689 a month) without spending more than 30% of your income, you would need to earn $51.71 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Nassau County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,964
$37.77
$78,560
1 bedroom
$2,285
$43.94
$91,400
2 bedrooms
$2,689
$51.71
$107,560
3 bedrooms
$3,458
$66.50
$138,320
4 bedrooms
$3,671
$70.60
$146,840
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Elmont
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Elmont is in ZIP code 11003.
For 2 bedrooms it is $2,740: $51 more than the fair market rent for Nassau County ($2,689).
Fair market rent by ZIP code and size in Elmont, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
11003
$2,000
$2,330
$2,740
$3,520
$3,740
ZIP code2 bd3 bd
11003 $2,740$3,520
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Elmont when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 3 HUD-approved agencies with an office in Nassau County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Elmont or Nassau County. The ones below are statewide in New York: they work in Elmont the same as in the rest of the state.
SONYMA second loan with no interest, forgiven after ten years, for the down payment with a SONYMA mortgage in New York.Offered by State of New York Mortgage Agency (SONYMA).
SONYMA mortgage at a very low fixed rate for low-income first-time buyers in New York, with a minimal down payment.Offered by State of New York Mortgage Agency (SONYMA).
No legal help resource on our list is for Elmont or Nassau County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Elmont and all of Nassau County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Elmont?
The typical home value in Elmont is $602,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Nassau County it is $684,700.
How much does it cost to rent in Elmont?
Typical rent in Elmont is $2,209 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Nassau County is $2,689.
What is the FHA loan limit in Elmont?
Elmont uses the FHA limit for all of Nassau County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.
How much property tax do owners pay in Elmont?
The typical homeowner in Elmont pays $10,001 a year, according to the U.S. Census Bureau. That is 1.66% of the home’s value; in Nassau County, the rate is 1.46%.
Where can I find free help to buy or rent in Elmont?
There are 3 HUD-approved counseling agencies with an office in Nassau County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
