
Cheap Homes for Rent in Mohegan Lake, NY from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Mohegan Lake.


3 Pine Terrace Rd

12 Mountain Ave

1701 Crompond Rd

1970 E Main 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.

188 Long Hill Dr

31 Wildwood Ridge

958 Phoenix Ave

1879 Crompond Rd

16 Cozzens Ave
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.
Mohegan Lake, NY Local Guide

How much does it cost to rent a home in Mohegan Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mohegan Lake 2 Bedroom Homes for Rent | $3,314 | $2,000 | $4,500 |
| Mohegan Lake 3 Bedroom Homes for Rent | $4,071 | $2,600 | $7,500 |
| Mohegan Lake 4 Bedroom Homes for Rent | $7,275 | $4,300 | $10,000+ |
Browse Top Homes for Rent in Mohegan Lake
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Mohegan Lake, NY Local Guide
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Cheapest Available Mohegan Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Mohegan Lake, NY is a 1 Bed unit found at Walnut Hill Apartments 55+ Senior Apartments in the Tiorati Trails neighborhood priced from $1,681. The Hamlet at Carmel has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,922. Here is today’s list of the most affordable Mohegan Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Hill Apartments 55+ Senior Apartments | 50% - 60% Median Income | 1BR,1BA | $1,681 |
| The Hamlet at Carmel | Three Bed One Bath | 3BR,1BA | $1,922 |
| 9 Catherine St | 002 | 2BR,1BA | $2,000 |
Best Value Apartments for Rent in Mohegan Lake, NY and Nearby
As of June 22, 2026 the best value apartment in the Mohegan Lake area is the $2.03 price per square foot 3 Bedroom Model at Hudson Commons in the in the Grove at New Windsor neighborhood starting from $3,250. The second greatest value Mohegan Lake apartment is the 2BDR 2BA Unit Model at 95 Main St starting at $2,700 with a $2.25 price per square foot . Here is today’s list of the best values for Mohegan Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hudson Commons | 3 Bedroom | 3BR,2BA | $2.03 |
| 95 Main St | 2BDR 2BA Unit | 2BR,2BA | $2.25 |
| Parth Knolls Apartments | One Bedroom w/Study | 1BR,1.5BA | $2.66 |
| 645 Main St | 2 Bed/1 Bath - 80% | 2BR,1BA | $2.79 |
| HudsonView Living | 2 bed 1.5 Bath W/ WD Townhome | 2BR,1.5BA | $2.50 |
| The Hamlet at Carmel | Two Bed One Bath | 2BR,1BA | $2.37 |
| 2205 Mayor Mitchell Court | 2 bedroom | 2BR,1BA | $2.45 |
| 9 Catherine St | 002 | 2BR,1BA | $2.22 |
| Sycamore Gardens | 2 Beds, 1 bath | 2BR,1BA | $2.41 |
| Walnut Hill Apartments 55+ Senior Apartments | 50% - 60% Median Income | 1BR,1BA | $2.71 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Mohegan Lake
What type of rentals are currently available in Mohegan Lake?
There are currently 73 Apartments for Rent in Mohegan Lake, NY with pricing that ranges from $1,025 to $6,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mohegan Lake ranging from $1,500 to $12,000.
What is the current price range for Rental Homes in Mohegan Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mohegan Lake ranges from $1,500 to $12,000 with an average monthly rent of $4,252.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.