In Islip Terrace, a typical home is worth $519,200 and typical rent is $2,640 a month. Compared with all of Suffolk County, typical household income is 19% higher, typical rent is 17% higher, and the share of households that own their home is 10 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $520,491 to $665,340.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Islip Terrace is in Suffolk 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 Suffolk County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Central Islip, the typical rent is $2,071: 22% less than in Islip Terrace ($2,640).
2
Nearby, in Central Islip, the typical home value is $436,400: 16% less than in Islip Terrace ($519,200).
3
The typical household income in Islip Terrace is $155,313,19% more than in Suffolk County as a whole ($130,686).
4
The typical rent in Islip Terrace is $2,640 a month, 17% more than in Suffolk County as a whole ($2,255).
5
92% of households in Islip Terrace own their home, against 82% in Suffolk County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Islip Terrace
What homes there are in Islip Terrace, 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
Islip Terrace
Suffolk County
New York
United States
Kind of home: Islip Terrace and its comparisons
Measure
Islip Terrace
Suffolk County
New York
United States
Detached house
95%
80%
41%
61%
Attached house
Unreliable estimate
6%
6%
6%
Building of 2 to 4
Unreliable estimate
5%
17%
8%
Apartments (5 or more)
Unreliable estimate
8%
35%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 95% of homes here, against 80% in Suffolk County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Islip Terrace
Suffolk County
New York
United States
Year built: Islip Terrace and its comparisons
Measure
Islip Terrace
Suffolk County
New York
United States
Before 1960
39%
31%
52%
26%
1960–1979
49%
38%
22%
24%
1980–1999
Unreliable estimate
19%
14%
25%
2000–2009
Unreliable estimate
8%
6%
14%
2010 or later
Unreliable estimate
4%
6%
11%
The typical home in Islip Terrace was built in 1963, 7 years before the typical one in Suffolk 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–$500K39%
$500K–$750K50%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Islip Terrace and its comparisons
Measure
Islip Terrace
Under $100K
Unreliable
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
39%
$500K–$750K
50%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Islip Terrace and its comparisons
Measure
Islip Terrace
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$3,128 a month
Suffolk County: $3,320 a month
Without a mortgage
$1,465 a month
Suffolk County: $1,478 a month
Owners with a mortgage
47%
Suffolk County: 62%
Owning costs less in Islip Terrace: with a mortgage, the typical cost is $3,128 a month; in Suffolk County, $3,320. Without one, $1,465.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Islip TerraceBoundaries changed
Suffolk County+46%
New York+35%
United States+53%
Typical rent
Islip TerraceBoundaries changed
Suffolk County+29%
New York+27%
United States+33%
Typical household income
Islip TerraceBoundaries changed
Suffolk County+29%
New York+26%
United States+29%
Change since 2015–2019: Islip Terrace and its comparisons
Measure
Islip Terrace
Suffolk County
New York
United States
Typical home value
Boundaries changed
+46%
+35%
+53%
Typical rent
Boundaries changed
+29%
+27%
+33%
Typical household income
Boundaries changed
+29%
+26%
+29%
The boundaries of Islip Terrace changed since 2015–2019, so the Census does not compare its figures from then and now. In Suffolk County, the typical home value rose 46%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Islip Terrace and its comparisons
Measure
Islip Terrace
Suffolk County
New York
United States
Rental vacancy
Unreliable estimate
4.1%
3.8%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
Unreliable estimate
2.8%
5.3%
3.4%
People per household
2.98
2.93
2.49
2.53
Drive alone
91%
72%
49%
69%
Carpool
Unreliable estimate
8%
6%
9%
Public transit
Unreliable estimate
5%
22%
3%
Walk or bike
Unreliable estimate
2%
6%
3%
Work from home
6%
12%
15%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in Islip Terrace look like those in Suffolk County: 2.98 people on average.
In Islip Terrace, 91% of workers drive alone to work; in Suffolk County, 72%.
Do the math
What would you pay each month for a home in Islip Terrace?
A typical home costs more than the typical income allows
We start with a typical home in Islip Terrace, worth $519,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Islip Terrace, which is $155,313 a year. For that payment to be 28% of income, a household would need to earn about $202,909 a year.
The calculator's FHA and conventional loan limits are those of all of Suffolk 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 Islip Terrace. 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 $18,172 (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
$4,735
at 7.18% · 30 years
Loan amount
$509,796
Total interest
$733,477
Paid off in
November 2056
Includes $8,768 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,624 a month
Tight
$3,624 to $4,659 a month
Hard
more than $4,659 a month
Your payment · 37%
Compared with the typical household income in Islip Terrace ($155,313 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,454
Property tax
$835
Home insurance
$216
FHA mortgage insurance (MIP)
$230
You need at least $18,172 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 $4,735; principal and interest $3,454.
The city and its county
Islip Terrace and Suffolk County
Islip Terrace is in Suffolk 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).
Islip Terrace
Map of Suffolk County, New York, with Islip Terrace marked. Around it, the neighboring counties.
Islip Terrace
Suffolk County
Other cities with a page
Islip Terrace's own numbers
Typical home value
$519,200
Typical monthly rent
$2,640
Typical yearly household income
$155,313
Households that own their home
92%
Effective property tax rate
1.93%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Suffolk 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)
+54%
Homes in a high flood-risk zone
4.3%
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 Suffolk County.
A typical home in Islip Terrace is worth $519,200: 10% below the county and 23% above New York. With the typical household income in Islip Terrace ($155,313 a year), a typical home costs 3.3 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.
Islip Terrace3.3 years
Suffolk4.4 years
New York4.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Suffolk County
According to FHFA’s house price index, home prices in Suffolk County rose 92% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Suffolk County.
Yearly change in FHFA’s price index in Suffolk County, 2016 to 2025
2016: +2.9% +2.9% 2016
2017: +4.6% +4.6% 2017
2018: +6.3% +6.3% 2018
2019: +4.4% +4.4% 2019
2020: +4.3% +4.3% 2020
2021: +10.7% +10.7% 2021
2022: +13.2% +13.2% 2022
2023: +7.1% +7.1% 2023
2024: +9.2% +9.2% 2024
2025: +5.4% +5.4% 2025
Change in FHFA’s price index in Suffolk County, New York and the United States
Period
County
New York
U.S.
Last year (2025)
+5.4%
+6.0%
+2.9%
5 years (2020–2025)
+54%
+52%
+47%
10 years (2015–2025)
+92%
+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
Islip Terrace next to Suffolk 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
Islip Terrace$519,200
Suffolk$578,400
New York$423,800
United States$332,700
Typical monthly rent
Islip Terrace$2,640
Suffolk$2,255
New York$1,621
United States$1,413
Typical yearly household income
Islip Terrace$155,313
Suffolk$130,686
New York$85,974
United States$80,734
See the full table
Islip Terrace next to Suffolk County and New York
Measure
Islip Terrace
Suffolk County
New York
U.S.
Typical home value
$519,200 ▼10% below the county
$578,400
$423,800
$332,700
Typical monthly rent
$2,640 ▲17% above the county
$2,255
$1,621
$1,413
Typical yearly household income
$155,313 ▲19% above the county
$130,686
$85,974
$80,734
Households that own their home
92% ▲10 points above the county
82%
54%
65%
Typical yearly property tax
$10,001
$10,001
$6,582
$3,119
Effective property tax rate
1.93% ▲0.2 points above the county
1.73%
1.55%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Suffolk 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 Islip Terrace
For a typical $519,200 home in Islip Terrace, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Islip Terrace's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,735a month
Least cash to close
Down payment
$18,172
Cash to close
$33,748
Rate
7.18%
Mortgage insurance
FHA MIP · $230
Conventional, 5% down$4,639a month
Down payment
$25,960
Cash to close
$41,536
Rate
7.18%
Mortgage insurance
PMI · $247
Conventional, 20% down, no PMI$3,865a month
Down payment
$103,840
Cash to close
$119,416
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,345a month
Down payment
$77,880
Cash to close
$93,456
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Islip Terrace
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,735
$18,172
$509,796
7.18%
FHA MIP · $230
$33,748
580
Conventional, 5% down
$4,639
$25,960
$493,240
7.18%
PMI · $247
$41,536
620*
Conventional, 20% down, no PMI
$3,865
$103,840
$415,360
7.18%
None
$119,416
620*
ITIN, 15% down (example)
$4,345
$77,880
$441,320
8.18%
None
$93,456
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 Islip Terrace is $2,640 a month: 17% above the county.
HUD publishes a fair market rent for all of Suffolk 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 Suffolk 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 Islip Terrace
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Islip Terrace is in ZIP code 11752.
For 2 bedrooms it is $2,950: $261 more than the fair market rent for Suffolk County ($2,689).
Fair market rent by ZIP code and size in Islip Terrace, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
11752
$2,150
$2,510
$2,950
$3,790
$4,030
ZIP code2 bd3 bd
11752 $2,950$3,790
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Islip Terrace 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 10 HUD-approved agencies with an office in Suffolk County; 4 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Islip Terrace or Suffolk County. The ones below are statewide in New York: they work in Islip Terrace 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).
The HUD-approved agencies closest to the center of Islip Terrace, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
CI
Central Islip Civic Council, Inc.
68 Wheeler Rd, Central Islip · 3 miles away · Spanish
No legal help resource on our list is for Islip Terrace or Suffolk 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 Islip Terrace and all of Suffolk 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 Islip Terrace?
The typical home value in Islip Terrace is $519,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Suffolk County it is $578,400.
How much does it cost to rent in Islip Terrace?
Typical rent in Islip Terrace is $2,640 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Suffolk County is $2,689.
What is the FHA loan limit in Islip Terrace?
Islip Terrace uses the FHA limit for all of Suffolk 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 Islip Terrace?
The typical homeowner in Islip Terrace pays $10,001 a year, according to the U.S. Census Bureau. That is 1.93% of the home’s value; in Suffolk County, the rate is 1.73%.
Where can I find free help to buy or rent in Islip Terrace?
There are 10 HUD-approved counseling agencies with an office in Suffolk County. 4 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
