Cheap Homes for Rent in Locust Valley, NY from $2,100 (6 Rentals)

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

property at 21 Walnut Pl

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

21 Walnut Pl

Oyster BayNY11771
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

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 78 Bayville Ave

$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

78 Bayville Ave

BayvilleNY11709
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

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

Cheapest Neighborhoods for Apartments in Locust Valley, NY

Pricing Updated: 07/03/2026

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
Lattingtown$20,000$4,7505
Matinecock$28,800$2,6004

Cheapest Available Locust Valley Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Fairfield Metro at Glen CoveS2Studio,1BA$2,570
Village SquareStudio-S1-2Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
21 Continental Pl, Unit B21 Continental Pl4BR,2BA$1.77
Village SquareStudio-S1-2Studio ,1BA$6.23
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.

Read Article
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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 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.