
Cheap Homes for Rent near Shelter Island Heights, NY from $3,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Shelter Island Heights.


248 5th Ave

11930 Main Rd
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.

336 2nd St

220 Fiddler Ln

744 Main St
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.
Shelter Island Heights, NY Local Guide

How much does it cost to rent a home in Shelter Island Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelter Island Heights 2 Bedroom Homes for Rent | $11,625 | $3,500 | $10,000+ |
| Shelter Island Heights 3 Bedroom Homes for Rent | $22,570 | $3,750 | $10,000+ |
| Shelter Island Heights 4 Bedroom Homes for Rent | $20,309 | $3,500 | $10,000+ |
| Shelter Island Heights 5 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
| Shelter Island Heights 6 Bedroom Homes for Rent | $44,983 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Shelter Island Heights
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Shelter Island Heights, NY Local Guide
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Cheapest Available Shelter Island Heights Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelter Island Heights, NY is a 2 Beds unit found at Crocker House in the New London neighborhood priced from $1,100. Pride Point and Progress Point in the New London neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Shelter Island Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Shelter Island Heights, NY and Nearby
As of July 10, 2026 the best value apartment in the Shelter Island Heights area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value Shelter Island Heights apartment is the Sailfish Model at The Edgewater starting at $2,830 with a $1.99 price per square foot in the South Lyme neighborhood. Here is today’s list of the best values for Shelter Island Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| The Edgewater | Sailfish | 2BR,1.5BA | $1.99 |
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
| The Cove at Gateway Commons | Atlantic Townhouse | 1BR,1BA | $2.20 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
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!
Explore Shelter Island Heights, NY Rentals by Map
See the most popular apartments and homes in Shelter Island Heights, NY
Frequently Asked Questions about Shelter Island Heights
What type of rentals are currently available in Shelter Island Heights?
There are currently 72 Apartments for Rent in Shelter Island Heights, NY with pricing that ranges from $1,100 to $4,692. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shelter Island Heights ranging from $3,500 to $100,000.
What is the current price range for Rental Homes in Shelter Island Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shelter Island Heights ranges from $3,500 to $100,000 with an average monthly rent of $20,497.
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

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.

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.