Cheap Apartments for Rent in Locust Valley, NY from $1,900 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Locust Valley.

property at 30-31 st

$2,350

1 Bedroom, 1 Bath Home for Rent

Available Now

30-31 st

Glen CoveNY11542

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.

property at 40 Perry Ave

$2,650

2 Bedroom Rentals

Available Now

40 Perry Ave

BayvilleNY11709
property at 1100 Avalon St

$2,690 - $4,025

1 To 2 Bedroom Rentals

Available Now

1100 Avalon St

Glen CoveNY11542

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.

property at 30 1st St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Home for Rent

Available Now

30 1st St

Glen CoveNY11542
property at 30 1st St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

1 Bedroom, 1 Bath Home for Rent

Available Now

30 1st St, Unit 2

30 1st St
Glen CoveNY11542
property at 30 Grove St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 Bedroom, 1 Bath Home for Rent

Available Now

30 Grove St

Glen CoveNY11542
property at 400 Carney St

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

400 Carney St, Unit 403

400 Carney St
Glen CoveNY11542
property at 48 2nd St

$2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,750

Total Monthly Price
$2,750

2 Bedroom, 1 Bath Home for Rent

Available Now

48 2nd St, Unit 1

48 2nd St
Glen CoveNY11542

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Locust Valley, NY Local Guide

Cheapest Neighborhoods for Apartments in Locust Valley, NY

Pricing Updated: 06/08/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Matinecock$4,451$2,00013
Lattingtown$4,575$2,00035

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. Harbor Landing in the Beacon Hill Colony neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $4,157. Here is today’s list of the most affordable Locust Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fairfield Metro at Glen CoveS2Studio,1BA$2,570
Harbor LandingBuilding I- A11BR,1BA$4,157
Village Square2 Bed/2 Bath-B2-22BR,2BA$4,689

Best Value Apartments for Rent in Locust Valley, NY

As of June 09, 2026 the best value apartment in the Locust Valley area is the $1.77 price per square foot 21 Continental Pl Model at 21 Continental Pl, Unit B in the in the Beacon Hill Colony neighborhood starting from $4,950. The second greatest value Locust Valley apartment is the 9 Hill St Model at 9 Hill St starting at $4,200 with a $2.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
21 Continental Pl, Unit B21 Continental Pl4BR,2BA$1.77
9 Hill St9 Hill St4BR,2.5BA$2.21
Village Square2 Bed/2 Bath-B2-22BR,2BA$3.81
6 Birch Hill Rd, Unit A6 Birch Hill Rd2BR,1BA$2.00
Harbor LandingBuilding I- A11BR,1BA$6.16
Fairfield Metro at Glen CoveS7Studio ,1BA$5.03
40 Jefferson St, Unit Studio40 Jefferson St1BR,1BA$4.00

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

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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.