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City · 44,088 residents · Nassau County, New York

Freeport , New York

In Freeport, a typical home is worth $505,900 and typical rent is $2,077 a month. Compared with all of Nassau County, the typical home value is 26% lower, typical household income is 17% lower, and the share of households that own their home is 11 points lower.

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  • Typical home value

    $505,900

    26% below the county

    19% above New York

    • Freeport
    • Nassau
    • New York

  • Typical rent

    $2,077a month

    8% below the county

    28% above New York

    • Freeport
    • Nassau
    • New York

  • Typical household income

    $120,625a year

    17% below the county

    40% above New York

    • Freeport
    • Nassau
    • New York

  • Households that own their home

    71%

    11 points below the county

    17 points above New York

    • Freeport
    • Nassau
    • New York

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$671,281
5.3% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Freeport 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

Data updated: October 1, 2026 11 official sources

Only here

What sets Freeport apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Freeport is worth $505,900, 26% less than in Nassau County as a whole ($684,700).

  2. The typical household income in Freeport is $120,625, 17% less than in Nassau County as a whole ($146,202).

  3. 71% of households in Freeport own their home, against 82% in Nassau County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Freeport

What homes there are in Freeport, 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 houses are the majority in Freeport (63%), but less so than in Nassau County (76%).

Year built

In Freeport, half of the homes were built before 1953; in Nassau County, before 1955.

There are fewer big homes in Freeport than in Nassau County: 62% have 3 bedrooms or more, against 75%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $1,249,125, at least 98% of owner-occupied homes in Freeport sit below it: they are worth less than $1,000,000.

Monthly rent with utilities

With a mortgage

$3,254 a month

Nassau County: $3,795 a month

Without a mortgage

$1,500 or more a month

Nassau County: $1,500 or more a month

Owners with a mortgage

70%

Nassau County: 62%

In Freeport, 70% of owners have a mortgage, and their typical cost is $3,254 a month, against $3,795 in Nassau County. Without one it drops to $1,500 or more.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Freeport rose 49% since 2015–2019, more than in Nassau County (39%).

Rents in Freeport rose faster than in Nassau County: 40% since 2015–2019, against 27%.

The typical household income in Freeport rose 47% over that time; home values changed +49% and rent +40%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureFreeportNassau CountyNew YorkUnited States
Rental vacancy Unreliable estimate4.5%3.8%5.5%
Homeowner vacancy Unreliable estimate0.7%1.1%0.9%
More than one person per room 9.4%3.4%5.3%3.4%
People per household 3.122.992.492.53
Drive alone 63%61%49%69%
Carpool 11%7%6%9%
Public transit 12%13%22%3%
Walk or bike 2%2%6%3%
Work from home 10%16%15%15%
Other means 3%2%2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 9.4% of households in Freeport live, more than in Nassau County (3.4%).

By size, households in Freeport look like those in Nassau County: 3.12 people on average.

Carpooling is common in Freeport: 11% of workers get to work that way, against 7% in Nassau County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Freeport?

A typical home costs more than the typical income allows

We start with a typical home in Freeport, worth $505,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Freeport, which is $120,625 a year. For that payment to be 28% of income, a household would need to earn about $198,615 a year.

The calculator's FHA and conventional loan limits are those of all of Nassau County.

Your numbers

Local data
$

Starts at the typical home value in Freeport. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $17,707 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,634

at 7.18% · 30 years

Loan amount
$496,736
Total interest
$714,687
Paid off in
November 2056

Includes $8,543 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,815 a month

  • Tight

    $2,815 to $3,619 a month

  • Hard

    more than $3,619 a month

    Your payment · 46%

Compared with the typical household income in Freeport ($120,625 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,634
Principal & interest$3,365
Property tax$835
Home insurance$211
FHA mortgage insurance (MIP)$224

You need at least $17,707 for the down payment, plus closing costs.

Next step

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.

The city and its county

Freeport and Nassau County

Freeport 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).

Freeport's own numbers

Typical home value
$505,900
Typical monthly rent
$2,077
Typical yearly household income
$120,625
Households that own their home
71%
Effective property tax rate
1.98%

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.

Everything about Nassau County

Buying

Buying a home in Freeport

A typical home in Freeport is worth $505,900: 26% below the county and 19% above New York. With the typical household income in Freeport ($120,625 a year), a typical home costs 4.2 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.

  • Freeport 4.2 years
  • Nassau 4.7 years
  • New York 4.9 years
  • United States 4.1 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.

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

Freeport 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
  • Freeport $505,900
  • Nassau $684,700
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Freeport $2,077
  • Nassau $2,252
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Freeport $120,625
  • Nassau $146,202
  • New York $85,974
  • United States $80,734
See the full table
Freeport next to Nassau County and New York
Measure Freeport Nassau County New York U.S.
Typical home value $505,900 $684,700 $423,800 $332,700
Typical monthly rent $2,077 $2,252 $1,621 $1,413
Typical yearly household income $120,625 $146,202 $85,974 $80,734
Households that own their home 71% 82% 54% 65%
Typical yearly property tax $10,001 $10,001 $6,582 $3,119
Effective property tax rate 1.98% 1.46% 1.55% 0.94%
Renters with high rent for their income 52% 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 Freeport

For a typical $505,900 home in Freeport, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Freeport's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,634a month

    Least cash to close
    Down payment
    $17,707
    Cash to close
    $32,884
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $224

  • Conventional, 5% down $4,542a month

    Down payment
    $25,295
    Cash to close
    $40,472
    Rate
    7.18%
    Mortgage insurance
    PMI · $240

  • Conventional, 20% down, no PMI $3,787a month

    Down payment
    $101,180
    Cash to close
    $116,357
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,255a month

    Down payment
    $75,885
    Cash to close
    $91,062
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Freeport and for Nassau County.

Property tax

Effective rate in Freeport

1.98%of the home’s value each year

$10,001 a year for the typical owner in Freeport.

  • Freeport 1.98%
  • Nassau 1.46%
  • New York 1.55%

What New York publishes Basic STAR school tax relief (New York State Department of Taxation and Finance)

Exemptions and deadlines in New York

Flood risk in Nassau County

FEMA does not publish these numbers by city: they are for all of Nassau County.

Homes in the high-risk zone
9.6%
35,643
Of those, with NFIP insurance
76%
County New York U.S.
Homes in the high-risk zone 9.6% 2% 3.5%
Of those, with NFIP insurance 76% 76% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Freeport

Typical rent in Freeport is $2,077 a month: 8% below the county. In Freeport, 52% 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.

HUD fair market rent for all of Nassau County

What you need to earn to pay it without spending more than 30% of income, working full time.

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 Freeport

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Freeport is in ZIP code 11520.

For 2 bedrooms it is $2,480: $209 less than the fair market rent for Nassau County ($2,689).

  • 11520 $2,480$3,210

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Freeport 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Freeport

HUD lists 5 buildings with rents for lower incomes in Freeport. These are the largest.

  • Rev. Madden SR. CTZ. Apts 240 S Main St, Freeport 11520 150 low-income homes · Run by Freeport Housing Authority · Average payment: $445 a month · Average wait: 51 months (516) 623-2508
  • Moxey Rigby Apts. 195 E Merrick Rd, Freeport 11520 101 homes, 100 low-income · In service since 2019
  • DR E Mitchell Mallette 100 N Main St, Freeport 11520 100 low-income homes · Run by Freeport Housing Authority · Average payment: $433 a month · Average wait: 97 months (516) 623-2508
  • Peternana Terrace 45 Wallace St, Freeport 11520 97 homes, 96 low-income · For older adults
  • Liberty Park Apartments 201 Liberty Park Dr, Freeport 11520 100 homes, 93 low-income · For families

See all 82 buildings in Nassau County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Freeport

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.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Freeport

No down payment, repair or rent-help program on our list is for Freeport or Nassau County. The ones below are statewide in New York: they work in Freeport the same as in the rest of the state.

Which programs do I qualify for? All programs in New York

Housing counselors near Freeport

The HUD-approved agencies closest to the center of Freeport, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Hispanic Brotherhood of Rockville Centre, Inc.

    59 Clinton Ave, Rockville Centre · 3 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (516) 766-6610

  • Community Development Corporation of Long Island

    250 Fulton Ave, Hempstead · 4 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (631) 471-1215

  • Family and Children's Association

    377 Oak St, Garden City · 5 miles away · Spanish

    • Reverse mortgage counseling
    516-485-3425-2325

Every agency in Nassau County All counseling agencies in New York

Help in Spanish near Freeport

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Freeport

HUD’s record names them for Freeport or Nassau County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Freeport Housing Authority Public housing and Section 8 vouchers (516) 623-2508

10 other authorities have an office in Nassau County: see the list Source: HUD

Cities

Other cities in Nassau County

These cities are also in Nassau County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Nassau County Housing in New York
See 57 more cities in Nassau County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Freeport, with the typical home value.

Neighboring counties

If Nassau County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Freeport.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Freeport

Short answers with the numbers for Freeport 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 Freeport?

The typical home value in Freeport is $505,900, 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 Freeport?

Typical rent in Freeport is $2,077 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 Freeport?

Freeport 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 Freeport?

The typical homeowner in Freeport pays $10,001 a year, according to the U.S. Census Bureau. That is 1.98% of the home’s value; in Nassau County, the rate is 1.46%.

Where can I find free help to buy or rent in Freeport?

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.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).