In Oyster Bay, a typical home is worth $695,500 and typical rent is $2,225 a month. Compared with all of Nassau County, typical household income is 24% lower and the share of households that own their home is 24 points lower.
Typical home value from Zillow, December 2023 to September 2026: from $863,566 to $1,054,346.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Oyster Bay 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
58% of households in Oyster Bay own their home, against 82% in Nassau County.
2
The typical household income in Oyster Bay is $111,264,24% less than in Nassau County as a whole ($146,202).
3
According to Zillow, in the 12 months to September 2026 the typical home value in Oyster Bay rose 8.7%; in New York, it rose 5.6%.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Oyster Bay
What homes there are in Oyster Bay, 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
Oyster Bay
Nassau County
New York
United States
Kind of home: Oyster Bay and its comparisons
Measure
Oyster Bay
Nassau County
New York
United States
Detached house
50%
76%
41%
61%
Attached house
Unreliable estimate
3%
6%
6%
Building of 2 to 4
19%
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 Oyster Bay there is a bit of everything: no kind of home reaches half. The most common are detached houses (50%); in Nassau County, 76%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Oyster Bay
Nassau County
New York
United States
Year built: Oyster Bay and its comparisons
Measure
Oyster Bay
Nassau County
New York
United States
Before 1960
55%
66%
52%
26%
1960–1979
31%
19%
22%
24%
1980–1999
Unreliable estimate
7%
14%
25%
2000–2009
Unreliable estimate
3%
6%
14%
2010 or later
Unreliable estimate
4%
6%
11%
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–$500K15%
$500K–$750K30%
$750K–$1M34%
$1M or moreUnreliable
Value of owner-occupied homes: Oyster Bay and its comparisons
Measure
Oyster Bay
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
Unreliable estimate
$300K–$500K
15%
$500K–$750K
30%
$750K–$1M
34%
$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: Oyster Bay and its comparisons
Measure
Oyster Bay
Under $500
Unreliable estimate
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
Owners with a mortgage
57%
Nassau County: 62%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Oyster Bay+18%
Nassau County+39%
New York+35%
United States+53%
Typical rent
Oyster BayNo clear change
Nassau County+27%
New York+27%
United States+33%
Typical household income
Oyster BayNo clear change
Nassau County+26%
New York+26%
United States+29%
Change since 2015–2019: Oyster Bay and its comparisons
Measure
Oyster Bay
Nassau County
New York
United States
Typical home value
+18%
+39%
+35%
+53%
Typical rent
No clear change
+27%
+27%
+33%
Typical household income
No clear change
+26%
+26%
+29%
Homes in Oyster Bay gained value more slowly than in Nassau County: 18% since 2015–2019, against 39%.
Rent in Oyster Bay moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Oyster Bay and its comparisons
Measure
Oyster Bay
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
Unreliable estimate
3.4%
5.3%
3.4%
People per household
2.55
2.99
2.49
2.53
Drive alone
70%
61%
49%
69%
Carpool
Unreliable estimate
7%
6%
9%
Public transit
Unreliable estimate
13%
22%
3%
Walk or bike
Unreliable estimate
2%
6%
3%
Work from home
Unreliable estimate
16%
15%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.55 on average, against 2.99 in Nassau County.
To get to work, 70% of workers in Oyster Bay drive alone; in Nassau County, 61%.
Do the math
What would you pay each month for a home in Oyster Bay?
A typical home costs more than the typical income allows
We start with a typical home in Oyster Bay, worth $695,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 65% of the typical household income in Oyster Bay, which is $111,264 a year. For that payment to be 28% of income, a household would need to earn about $259,638 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 Oyster Bay. 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 $24,343 (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
$6,058
at 7.18% · 30 years
Loan amount
$682,902
Total interest
$982,536
Paid off in
November 2056
Includes $11,745 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,596 a month
Tight
$2,596 to $3,338 a month
Hard
more than $3,338 a month
Your payment · 65%
Compared with the typical household income in Oyster Bay ($111,264 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,626
Property tax
$835
Home insurance
$290
FHA mortgage insurance (MIP)
$308
You need at least $24,343 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 $6,058; principal and interest $4,626.
The city and its county
Oyster Bay and Nassau County
Oyster Bay 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).
Oyster Bay
Map of Nassau County, New York, with Oyster Bay marked. Around it, the neighboring counties.
Oyster Bay
Nassau County
Other cities with a page
Oyster Bay's own numbers
Typical home value
$695,500
Typical monthly rent
$2,225
Typical yearly household income
$111,264
Households that own their home
58%
Effective property tax rate
1.44%
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 Oyster Bay is worth $695,500: about the same as the county and 64% above New York. With the typical household income in Oyster Bay ($111,264 a year), a typical home costs 6.3 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.
Oyster Bay6.3 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
Oyster Bay 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
Oyster Bay$695,500
Nassau$684,700
New York$423,800
United States$332,700
Typical monthly rent
Oyster Bay$2,225
Nassau$2,252
New York$1,621
United States$1,413
Typical yearly household income
Oyster Bay$111,264
Nassau$146,202
New York$85,974
United States$80,734
See the full table
Oyster Bay next to Nassau County and New York
Measure
Oyster Bay
Nassau County
New York
U.S.
Typical home value
$695,500
$684,700
$423,800
$332,700
Typical monthly rent
$2,225
$2,252
$1,621
$1,413
Typical yearly household income
$111,264 ▼24% below the county
$146,202
$85,974
$80,734
Households that own their home
58% ▼24 points below the county
82%
54%
65%
Typical yearly property tax
$10,001
$10,001
$6,582
$3,119
Effective property tax rate
1.44% ▼0.02 points below the county
1.46%
1.55%
0.94%
Renters with high rent for their income
65% ▲10 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 Oyster Bay
For a typical $695,500 home in Oyster Bay, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Oyster Bay's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$6,058a month
Least cash to close
Down payment
$24,343
Cash to close
$45,208
Rate
7.18%
Mortgage insurance
FHA MIP · $308
Conventional, 5% down$5,931a month
Down payment
$34,775
Cash to close
$55,640
Rate
7.18%
Mortgage insurance
PMI · $330
Conventional, 20% down, no PMI$4,894a month
Down payment
$139,100
Cash to close
$159,965
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,537a month
Down payment
$104,325
Cash to close
$125,190
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Oyster Bay
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$6,058
$24,343
$682,903
7.18%
FHA MIP · $308
$45,208
580
Conventional, 5% down
$5,931
$34,775
$660,725
7.18%
PMI · $330
$55,640
620*
Conventional, 20% down, no PMI
$4,894
$139,100
$556,400
7.18%
None
$159,965
620*
ITIN, 15% down (example)
$5,537
$104,325
$591,175
8.18%
None
$125,190
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 Oyster Bay is $2,225 a month: about the same as the county. In Oyster Bay, 65% 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 Oyster Bay
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Oyster Bay has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,480 in 11771 to $3,500 in 11732.
1 of the 2 is above the fair market rent for Nassau County ($2,689).
Fair market rent by ZIP code and size in Oyster Bay, fiscal year 2027.
11732
$2,560
$2,970
$3,500
$4,500
$4,780
11771
$1,800
$2,150
$2,480
$3,210
$3,400
ZIP code2 bd3 bd
11732 $3,500$4,500
11771 $2,480$3,210
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Oyster Bay 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 Oyster Bay or Nassau County. The ones below are statewide in New York: they work in Oyster Bay 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 Oyster Bay 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 Oyster Bay 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 Oyster Bay?
The typical home value in Oyster Bay is $695,500, 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 Oyster Bay?
Typical rent in Oyster Bay is $2,225 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 Oyster Bay?
Oyster Bay 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 Oyster Bay?
The typical homeowner in Oyster Bay pays $10,001 a year, according to the U.S. Census Bureau. That is 1.44% of the home’s value; in Nassau County, the rate is 1.46%.
Where can I find free help to buy or rent in Oyster Bay?
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.
