Cheap Homes for Rent in Long Island, NY from $700 (36 Rentals)

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property at 631 Jennings Ave

631 Jennings Ave

West HempsteadNY11552

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 7 Whitmore Ln

7 Whitmore Ln

CoramNY11727
property at 94 4th Ave

94 4th Ave

Bay ShoreNY11706

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.

property at 152 W Yaphank Rd

152 W Yaphank Rd

CoramNY11727

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.

property at 392 Sherbrooke Rd

392 Sherbrooke Rd

LindenhurstNY11757
property at 94 4th Ave

94 4th Ave

Bay ShoreNY11706

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Long Island, NY Local Guide

Cheapest Neighborhoods for Apartments in Long Island, NY

Pricing Updated: 06/27/2025

Current apartment rentals in the Long Island, NY area range in price from $1,200 to $65,000 with an overall median price of $4,698. The three Long Island neighborhoods with the lowest median rent pricing are North Deer Park at $1,558, Deer Run at $1,856, and Commack North at $1,800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Long Island Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Deer Park$3,200$1,55831
Deer Run$3,230$1,85655
Commack North$3,270$1,80070
Candy Section$3,340$1,85040
Asharoken$3,447$3,3752
Downtown Bethpage$3,470$2,00048
South Freeport$3,525$1,9953
Downtown Freeport$3,575$1,7954
Northeast Freeport$3,575$1,7954
Northwest Freeport$3,575$1,7954

Cheapest Available Long Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island, NY is a 1 Bed unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $700. Royale at Highland Park in the East New York neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,050. Here is today’s list of the most affordable Long Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventnor Flatz1 Bedroom/1 Bath1BR,1BA$700
Royale at Highland Park44BR,3BA$1,050
14 St Marks PlSTUStudio,$1,100
MEDFORD LANDING APARTMENTS1x1 501BR,1BA$1,479
St George TowersShared Triple Room1BR,1BA$1,500
Bedell TerraceStudioStudio,1BA$1,592
Glen Arms ApartmentsStudioStudio,1BA$1,695

Best Value Apartments for Rent in Long Island, NY and Nearby

As of June 27, 2025 the best value apartment in the Long Island area is the $1.51 price per square foot CEDAR 3 BR/2 BATH Model at Fairfield Townhouses East at Coram in the in the Gordon Heights neighborhood starting from $3,920. The second greatest value Long Island apartment is the 13551 223rd St Model at 13551 223rd St, Unit #2 starting at $3,300 with a $1.65 price per square foot in the Rochdale neighborhood. Here is today’s list of the best values for Long Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairfield Townhouses East at CoramCEDAR 3 BR/2 BATH3BR,3BA$1.51
13551 223rd St, Unit #213551 223rd St3BR,2BA$1.65
Fairfield Townhouses At Babylon VillageThe Argyle2BR,1.5BA$1.96
94 Emporia Ave, Unit 2ndfloor94 Emporia Ave3BR,1BA$1.94
40 Old Northport Rd, Unit first floor40 Old Northport Rd2BR,1BA$2.08
23 Deville Dr, Unit first floor23 Deville Dr1BR,1BA$1.76
Shore View ApartmentsThree Bedroom / Two Bath3BR,2BA$2.04
76 S Bergen PlSTUDIOStudio ,1BA$2.08
Node HarmanPrivate Room in 3 Bed Shared Apt3BR,2BA$1.66
Ventnor Flatz1 Bedroom/1 Bath1BR,1BA$1.00

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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Frequently Asked Questions about Long Island

What type of rentals are currently available in Long Island?

There are currently 39934 Apartments for Rent in Long Island, NY with pricing that ranges from $900 to $80,000. There are also 1987 Single Family Homes for rent, Condos, and Townhome rentals currently available in Long Island ranging from $700 to $100,000.

What is the current price range for Rental Homes in Long Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Long Island ranges from $700 to $100,000 with an average monthly rent of $23,940.

How much are larger Three and Four Bedroom Rentals in Long Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Long Island range from $2,421 to $65,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $100,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,864.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.