Cheap Apartments for Rent in Shelter Island, NY from $1,100 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shelter Island.

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Crocker House
$1,100 - $1,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100 - $1,700

Total Monthly Price
$1,100 - $1,700
1 to 2 Bedroom Apartments Available Now

Crocker House

35 Union StNew London, CT 06320
Affordability
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Victoria Gardens
Rent Specials
$1,150 - $1,355
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,355

Total Monthly Price
$1,150 - $1,355
1 to 2 Bedroom Apartments Contact Us For Availability

Victoria Gardens

105 Boston Post RdWaterford, CT 06385
Senior Living
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  • Utilities Included
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Highland Apartments
$1,175 - $1,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,350

Total Monthly Price
$1,175 - $1,350
Studio to 2 Bedroom Apartments Available Now

Highland Apartments

43 Granite StNew London, CT 06320
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Pequot Village
Rent Specials
$1,200 - $2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $2,200

Total Monthly Price
$1,200 - $2,200
1 Bedroom Apartments Available Now

Pequot Village

31 Village LnGroton, CT 06340
Senior Living
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  • Utilities Included
  • Low Income
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Morton House
$1,200 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,400

Total Monthly Price
$1,200 - $1,400
1 Bedroom Apartments Available Now

Morton House

215 Main StNiantic, CT 06357
Luxury
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  • Utilities Included
  • 3D Tour

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Villages at Shore Landing
$1,365 - $2,426
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $2,401
Required Monthly Fees
$25

Total Monthly Price
$1,365 - $2,426
Studio to 2 Bedroom Apartments Available Now

Villages at Shore Landing

5 Nob Hill RdNew London, CT 06320
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Deerfield Village
Rent Specials
$1,380 - $2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,380 - $2,000

Total Monthly Price
$1,380 - $2,000
2 Bedroom Apartments Contact Us For Availability

Deerfield Village

10 King Arthur DrNiantic, CT 06357
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120 Broad St
Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $2,850

Total Monthly Price
$1,400 - $2,850
Studio to 2 Bedroom Apartments Contact Us For Availability

120 Broad St

120 Broad StNew London, CT 06320
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Nutmeg Woods
$1,411 - $2,231
Total Monthly Price

Total Monthly Price

Base Rent
$1,386 - $2,206
Required Monthly Fees
$25

Total Monthly Price
$1,411 - $2,231
Studio to 3 Bedroom Apartments Available Now

Nutmeg Woods

84 Hawthorne Dr NNew London, CT 06320
Corporate Housing
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Faire Harbour Landings
$1,475 - $1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,475 - $1,750

Total Monthly Price
$1,475 - $1,750
1 Bedroom Apartments Available Now

Faire Harbour Landings

11 Anthony RdNew London, CT 06320
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ReNew Washington Park
Rent Specials
$1,489 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,489 - $3,399

Total Monthly Price
$1,489 - $3,399
Studio to 2 Bedroom Apartments Available Now

ReNew Washington Park

278 Meridian StGroton, CT 06340
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Central @ Waterford Woods
Rent Specials
$1,654 - $2,725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,654 - $2,725

Total Monthly Price
$1,654 - $2,725
1 to 2 Bedroom Apartments Available Now

Central @ Waterford Woods

394 Willetts AveWaterford, CT 06385
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  • Low Income
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The Docks
Rent Specials
$1,670 - $3,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $3,000
Required Monthly Fees
$215

Total Monthly Price
$1,670 - $3,215
Studio to 2 Bedroom Apartments Available Now

The Docks

500 Bank StNew London, CT 06320
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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.

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Gull Harbor Apartments
$1,695
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,675
Required Monthly Fees
$20

Total Monthly Price
$1,695
1 Bedroom Apartments Available Now

Gull Harbor Apartments

83 Mansfield RdNew London, CT 06320
Student Housing
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Eagle Pointe
Rent Specials
$1,695 - $1,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,675 - $1,935
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Eagle Pointe

8-127 Michael RdNew London, CT 06320
Corporate Housing
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  • Utilities Included
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61 Bank St
Rent Specials
$1,700 - $2,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700 - $2,150

Total Monthly Price
$1,700 - $2,150
1 to 2 Bedroom Apartments Available Now

61 Bank St

61 Bank StNew London, CT 06320
Luxury
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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
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Garfield Avenue Apartments
1 Bedroom Apartments

Garfield Avenue Apartments

145 Garfield AveNew London, CT 06320
Corporate Housing
  • Utilities Included
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Brookside Commons
1 to 2 Bedroom Apartments

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
Senior Living
  • Utilities Included

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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26 Sunset Ter
1 to 2 Bedroom Apartments

26 Sunset Ter

26 Sunset TerEssex, CT 06426

Shelter Island, NY Local Guide

Cheapest Available Shelter Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelter Island, NY is a 2 Beds unit found at Crocker House priced from $1,100. Highland Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Shelter Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio2BR,2BA$1,100
Highland ApartmentsStudioStudio,1BA$1,175
Pequot VillageOne Bedroom1BR,1BA$1,200
Pride Point and Progress PointTwo Bedroom2BR,1BA$1,200
Morton HouseEfficiency1BR,1BA$1,200

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

As of March 23, 2026 the best value apartment in the Shelter Island area is the $1.85 price per square foot Schooner Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,415. The second greatest value Shelter Island apartment is the 2 Bed / 1 Bath Model at The Grand starting at $2,350 with a $1.71 price per square foot in the Eastern Suffolk neighborhood. Here is today’s list of the best values for Shelter Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsSchooner Townhome3BR,2.5BA$1.85
The Grand2 Bed / 1 Bath2BR,1BA$1.71
The EdgewaterSailfish 22BR,2BA$2.07
The Sound at Gateway CommonsThe Madison3BR,2BA$2.25
Central @ Waterford WoodsGreat Neck - Loft Unit 2BR/2BA - Buildings G, H...2BR,2BA$2.24
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
70 Pond Meadow Rd2 Bedroom2BR,1BA$1.89
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
Pequot VillageOne Bedroom1BR,1BA$1.74

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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Frequently Asked Questions about Cheap Shelter Island Apartments

What is the Cheapest Studio apartment in Shelter Island?

Currently the most affordable Cheap Studio Apartment in Shelter Island is at Highland Apartments listed at $1,175.

How much is rent for a Cheap One Bedroom Shelter Island Apartment?

The lowest price for a Cheap One Bedroom Shelter Island Apartment is $1,100 at Crocker House.

What is the lowest price for a Cheap Two Bedroom Shelter Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shelter Island is starting from $1,100 at Crocker House.

What is the most affordable Shelter Island Three Bedroom Apartment?

The best deal on a cheap Shelter Island Three Bedroom Apartment rental is at Pride Point and Progress Point and starts from $1,400.

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

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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.

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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.

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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.

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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.