
Cheap Homes for Rent in Lake Grove, NY from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Grove.


30 Madeley Ln

21 Sierra Ct

5 Evelyn Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

7 plymouth Ave

11 Laramie Ct

37 El Camino Ct

460 Old Town Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2 Carnegie Dr
Lake Grove, NY Local Guide

How much does it cost to rent a home in Lake Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Grove 2 Bedroom Homes for Rent | $3,493 | $2,700 | $4,500 |
| Lake Grove 3 Bedroom Homes for Rent | $4,179 | $3,000 | $5,500 |
| Lake Grove 4 Bedroom Homes for Rent | $4,541 | $3,850 | $5,500 |
| Lake Grove 5 Bedroom Homes for Rent | $4,950 | $4,500 | $5,800 |
| Lake Grove 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Lake Grove
Explore Lake Grove
Lake Grove, NY Local Guide
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Cheapest Available Lake Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Grove, NY is a 1 Bed unit found at Fairfield At Selden in the Central Suffolk neighborhood priced from $2,115. Fairfield At Smithtown in the Village of the Branch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,115. Here is today’s list of the most affordable Lake Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairfield At Selden | The Arbor View Lower | 1BR,1BA | $2,115 |
| Fairfield At Smithtown | The Quinton | Studio,1BA | $2,115 |
| Colony Park | The Junior | 1BR,1BA | $2,159 |
Best Value Apartments for Rent in Lake Grove, NY and Nearby
As of June 04, 2026 the best value apartment in the Lake Grove area is the $2.27 price per square foot Bayberry 2BR, 2BTH, Plus Loft Model at Fairfield Townhouses at Selden in the in the Central Suffolk neighborhood starting from $3,650. The second greatest value Lake Grove apartment is the The Oak Apartment Model at The Arboretum starting at $4,253 with a $3.01 price per square foot in the Birchwood Glen neighborhood. Here is today’s list of the best values for Lake Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairfield Townhouses at Selden | Bayberry 2BR, 2BTH, Plus Loft | 2BR,2BA | $2.27 |
| The Arboretum | The Oak Apartment | 2BR,2BA | $3.01 |
| Fairfield Knolls North At Port Jefferson | The Aspen I B W/O | 2BR,2BA | $3.10 |
| Fairfield Hills South At Farmingville | The Ashton I | 1BR,2BA | $2.85 |
| Fairfield Gables At South Setauket | Hermes II | 1BR,2BA | $3.34 |
| Heatherwood House at Ronkonkoma | The Deluxe | 2BR,1BA | $3.23 |
| Fairfield Centereach Gardens | The Evergreen Lower | 2BR,1BA | $2.95 |
| Willow Lake Apartments | Model C 1 Bedroom Second Floor | 1BR,1BA | $3.51 |
| Fairfield Hills East At Farmingville | Cavanal Hill Upper | 1BR,1BA | $3.15 |
| Fairfield At Selden | The Berkshire Upper | 1BR,1BA | $3.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Grove, NY Rentals by Map
See the most popular apartments and homes in Lake Grove, NY
Frequently Asked Questions about Lake Grove
What type of rentals are currently available in Lake Grove?
There are currently 64 Apartments for Rent in Lake Grove, NY with pricing that ranges from $2,000 to $5,997. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Grove ranging from $1,000 to $20,000.
What is the current price range for Rental Homes in Lake Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Grove ranges from $1,000 to $20,000 with an average monthly rent of $6,501.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.