
Cheap Homes for Rent in Locust Valley, NY from $2,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Locust Valley.


30 Grove St

46 S 6th St
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.

78 Bayville Ave

48 2nd St, Unit 1

27 Southridge Dr
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.
Locust Valley, NY Local Guide

How much does it cost to rent a home in Locust Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Locust Valley 2 Bedroom Homes for Rent | $3,924 | $2,750 | $7,200 |
| Locust Valley 3 Bedroom Homes for Rent | $4,316 | $3,200 | $6,850 |
| Locust Valley 4 Bedroom Homes for Rent | $6,964 | $4,400 | $10,000+ |
| Locust Valley 5 Bedroom Homes for Rent | $14,600 | $6,000 | $10,000+ |
| Locust Valley 6 Bedroom Homes for Rent | $26,000 | $10,000 | $10,000+ |
| Locust Valley 7 Bedroom Homes for Rent | $28,800 | $10,000 | $10,000+ |
Browse Top Homes for Rent 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: 07/03/2026Current 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 |
|---|---|---|---|
| Lattingtown | $20,000 | $4,750 | 5 |
| Matinecock | $28,800 | $2,600 | 4 |
Cheapest Available 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-S1-2 | Studio,1BA | $3,850 |
Best Value Apartments for Rent in Locust Valley, NY
As of July 03, 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 Studio-S1-2 Model at Village Square starting at $3,850 with a $6.23 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. |
|---|---|---|---|
| 21 Continental Pl, Unit B | 21 Continental Pl | 4BR,2BA | $1.77 |
| Village Square | Studio-S1-2 | Studio ,1BA | $6.23 |
| Fairfield Metro at Glen Cove | S7 | Studio ,1BA | $5.03 |
| 40 Jefferson St, Unit Studio | 40 Jefferson St | 1BR,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.
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!
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See the most popular apartments and homes in Locust Valley, NY
Frequently Asked Questions about Locust Valley
What type of rentals are currently available in Locust Valley?
There are currently 65 Apartments for Rent in Locust Valley, NY with pricing that ranges from $2,000 to $5,676. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Locust Valley ranging from $2,100 to $30,000.
What is the current price range for Rental Homes in Locust Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Locust Valley ranges from $2,100 to $30,000 with an average monthly rent of $12,495.
How much are larger Three and Four Bedroom Rentals in Locust Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Locust Valley range from $2,500 to $3,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,200 to $6,850. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $4,500.
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

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.

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.