
Cheap Apartments for Rent in Locust Valley, NY from $2,400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Locust Valley.


9 Oyster Bay Road

Total Monthly Price
10 Pershing Ave

46 S 6th St

36 12th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

275 Bayville Ave

78 Bayville Ave

45 Smith St

25 Robinson Ave

Fairfield Metro at Glen Cove
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

78 Bayville Ave

30 Grove St

Forst Mill House Apartments

27 Southridge Dr

75 Elm Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

38 Smith St

29 1/2 Woolsey Ave
Locust Valley, NY Local Guide

How much does it cost to rent an apartment in Locust Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Locust Valley Studio Apartments | $3,070 | $2,570 | $5,496 |
| Cheap Locust Valley 1 Bedroom Apartments | $3,143 | $2,400 | $3,800 |
| Cheap Locust Valley 2 Bedroom Apartments | $4,018 | $2,500 | $8,547 |
| Cheap Locust Valley 3 Bedroom Apartments | $3,150 | $3,150 | $3,150 |
| Cheap Locust Valley 4 Bedroom Apartments | $4,500 | $4,500 | $4,500 |
Browse Top Apartments in Locust Valley
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Locust Valley, NY Local Guide
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Cheapest Neighborhoods for Apartments in Locust Valley, NY
Pricing Updated: 07/25/2026Current apartment rentals in the Locust Valley, NY area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Locust Valley Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Matinecock | $3,500 | $2,800 | 16 |
| Lattingtown | $3,790 | $2,570 | 32 |
Cheapest Available Locust Valley Apartments for Rent
 The cheapest available apartment rental in Locust Valley, NY is a Studio unit found at Fairfield Metro at Glen Cove in the Beacon Hill Colony neighborhood priced from $2,570. Village Square in the Beacon Hill Colony neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $3,280. Here is today’s list of the most affordable Locust Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairfield Metro at Glen Cove | S2 | Studio,1BA | $2,570 |
| Village Square | Studio-S2-1 | Studio,1BA | $3,280 |
| Harbor Landing | Building H- S2 | Studio,1BA | $3,439 |
Best Value Apartments for Rent in Locust Valley, NY
As of July 25, 2026 the best value apartment in the Locust Valley area is the $5.64 price per square foot Studio-S1-2 Model at Village Square in the in the Beacon Hill Colony neighborhood starting from $3,483. The second greatest value Locust Valley apartment is the Building H- S2 Model at Harbor Landing starting at $3,439 with a $6.24 price per square foot in the Beacon Hill Colony neighborhood. Here is today’s list of the best values for Locust Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Square | Studio-S1-2 | Studio ,1BA | $5.64 |
| Harbor Landing | Building H- S2 | Studio ,1BA | $6.24 |
| Fairfield Metro at Glen Cove | S7 | Studio ,1BA | $5.03 |
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.
Best Local Schools in Locust Valley, NY
Ann Macarthur Primary
Locust Valley High School
Locust Valley Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Locust Valley, NY Rentals by Map
See the most popular apartments and homes in Locust Valley, NY
Frequently Asked Questions about Cheap Locust Valley Apartments
What is the Cheapest Studio apartment in Locust Valley?
Currently the most affordable Cheap Studio Apartment in Locust Valley is at Fairfield Metro at Glen Cove listed at $2,570.
How much is rent for a Cheap One Bedroom Locust Valley Apartment?
The lowest price for a Cheap One Bedroom Locust Valley Apartment is $2,670 at Fairfield Metro at Glen Cove.
What is the lowest price for a Cheap Two Bedroom Locust Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Locust Valley is starting from $3,590 at Fairfield Metro at Glen Cove.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.