
Apartments for Rent in Long Island, NY Under $5,000 (3,235 Rentals)


Total Monthly Price
21 Continental Pl, Unit B, Unit B

The One at Great Neck

Total Monthly Price
588 W Broadway, Unit 1, Unit 1

The Royal Blue

Fairfield Townhouse at Valley Stream

National at 888 6th Ave Furnished Apartments

Fairfield Metro At Huntington Village

Total Monthly Price
8631 Range St, Unit Floor 1, Unit Floor 1

483 New York Ave, Unit 2, Unit 2
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Windsor Court

The Blake

235 Sullivan St

The Exo

Fairfield Townhouses At Bohemia

Normandie Court

Total Monthly Price
1542 Potter Blvd, Unit 1, Unit 1

Bryant Plaza

7 Dekalb

15 Bond
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Shorecrest Towers

Total Monthly Price
33 Country Greens Dr, Unit 1, Unit 1

The Villas at Setauket

Eleven Maple

Fairfield Townhouses East at Coram

Total Monthly Price
The Arboretum

The Breeze

Gateway Battery Park City

Morgan Parc

Echo Pond Luxury Apartments

1090 New York Ave

115 E 37th St

Marquis Apartments

Total Monthly Price
The Cornerstone at Hauppauge 55+ Active Adult Apartment Homes

Heritage Pine Hills Country Club

Avalon Rockville Centre

1425 Pearl St, Unit 1

Avalon Huntington Station

Carlow

The Villas at Oak Run

Fairfield Gables At South Setauket

95 Wall

One Third Avenue

View 34

Avalon Westbury

35 E 7th St

111 E 39th St

The Nash

Total Monthly Price
2814 Weeks Ave, Unit 1, Unit 1

10 Hanover Square
Long Island, NY Local Guide

How much does it cost to rent an apartment in Long Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Long Island Studio Apartments | $2,976 | $1,450 | $8,000 |
| Long Island 1 Bedroom Apartments | $3,145 | $1,000 | $10,000+ |
| Long Island 2 Bedroom Apartments | $3,846 | $1,684 | $10,000+ |
| Long Island 3 Bedroom Apartments | $4,726 | $1,367 | $10,000+ |
| Long Island 4 Bedroom Apartments | $5,128 | $1,610 | $10,000+ |
| Long Island 5 Bedroom Apartments | $5,857 | $4,995 | $6,720 |
| Long Island 6 Bedroom Apartments | $5,675 | $3,850 | $7,500 |
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Long Island, NY Local Guide
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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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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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Explore Long Island, NY Rentals by Map
See the most popular apartments and homes in Long Island, NY
Frequently Asked Questions about Long Island
How much are Studio apartments in Long Island?
There are currently 22,250 Studio Apartments in Long Island with rent ranges from $1,450 to $8,000 with an average price of $2,976.
What is the current price range for One Bedroom Long Island Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Long Island ranges from $1,000 to $28,000 with an average monthly rent of $3,145.
What does renting a Two Bedroom Apartment in Long Island cost?
The monthly rent prices of Two Bedroom Apartments currently available in Long Island range from $1,684 to $35,000. Today's average rental price for Two Bedrooms here is $3,846.
How expensive are Long Island Three Bedroom Apartments?
There are currently 4,135 Three Bedroom Apartments listings available in Long Island on ApartmentHomeLiving.com. The pricing ranges from $1,367 to $32,000 - averaging $4,726 for the location.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.