Cheap Homes for Rent in Long Island, NY from $700 (40 Rentals)

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Search the lowest-cost Homes available for rent right now in Long Island.

property at 17 Dorchester Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

17 Dorchester Rd, Unit Room 1

17 Dorchester Rd
RonkonkomaNY11779

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 6 Gaines Dr

$1,800

1 Bedroom Rentals

Available Now

6 Gaines Dr

FarmingvilleNY11738

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.

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 27 Estates Ln

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

27 Estates Ln

ShorehamNY11786
property at 7 Montgomery St

$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

7 Montgomery St

BrentwoodNY11717
property at 31 Albermarle Ave

$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

31 Albermarle Ave

HoltsvilleNY11742
property at 10 Abby Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

10 Abby Dr

East NorthportNY11731

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 1570 Kenneth Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

1570 Kenneth Ave

BaldwinNY11510
property at 27 Blydenburgh Rd

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

27 Blydenburgh Rd

CentereachNY11720
property at 5 Morrison St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

5 Morrison St

BabylonNY11702

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: 02/22/2026

Current apartment rentals in the Long Island, NY area range in price from $1,700 to $24,000 with an overall median price of $4,671. The three Long Island neighborhoods with the lowest median rent pricing are Baywood at $1,700, North Bay Shore at $2,200, and North Wantagh at $3,800. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Long Island Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Baywood$1,700$1,7001
North Bay Shore$3,450$2,2002
North Wantagh$3,800$3,8001
East Massapequa$3,895$1,85011
Barnum Island$3,900$3,1004
Rye Brook Port Chester$4,656$1,700116
East Garden City$5,241$3,33710
Oyster Bay Cove$6,900$6,9001
Western Fire Island$8,500$6,0003

Cheapest Available Long Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island, NY is a Studio unit found at The Astra - Income Restricted in the Bedford Stuyvesant neighborhood priced from $1,013. Bay Plaza in the Sheepshead Bay neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Long Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Astra - Income RestrictedStudioStudio,1BA$1,013
Bay PlazaUnit CStudio,1BA$1,200
91-35 195th StreetStudioStudio,1BA$1,400
The ReserveFurnished Room in a 4 Bedroom 2 Bathroom (N4)4BR,2BA$1,595
John Wesley Village III1-11BR,1BA$1,699
MEDFORD LANDING APARTMENTS2x1 502BR,1BA$1,724

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

As of February 22, 2026 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 The Argyle Model at Fairfield Townhouses At Babylon Village starting at $3,555 with a $1.98 price per square foot in the Presidential Section 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
Fairfield Townhouses At Babylon VillageThe Argyle2BR,1.5BA$1.98
Fairfield Townhouses at SeldenBayberry 2BR, 2BTH, Plus Loft2BR,2BA$2.27
1112 Elizabeth St1112 Elizabeth St1BR,1BA$2.17
Woodcrest Estates Senior Living 55+2 Bedroom - Waiting List2BR,1BA$1.78
MEDFORD LANDING APARTMENTS2x2 602BR,2BA$2.00
South Grove Apartments1br1BR,1BA$2.11
The Astra - Income RestrictedStudioStudio ,1BA$1.45
172 Wicks Rd172 Wicks Rd1BR,1BA$2.17
605 S 13th St, Unit 1605 S 13th StStudio ,1BA$1.79

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

Explore Long Island, NY Rentals by Map

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Frequently Asked Questions about Long Island

What type of rentals are currently available in Long Island?

There are currently 39381 Apartments for Rent in Long Island, NY with pricing that ranges from $1,000 to $80,000. There are also 1751 Single Family Homes for rent, Condos, and Townhome rentals currently available in Long Island ranging from $750 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 $750 to $100,000 with an average monthly rent of $22,448.

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 $36,000, 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 $2,825 and Four Bedroom Apartments start at $1,608.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.