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$1,100 - $1,700
Total Monthly Price
Base Rent$1,100 - $1,700
Total Monthly Price$1,100 - $1,700
Crocker House
35 Union StNew London, CT 06320
Cheap Apartments for Rent near Shelter Island, NY from $1,100 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelter Island.
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Rent Specials
$1,150 - $1,355
Total Monthly Price
Base Rent$1,150 - $1,355
Total Monthly Price$1,150 - $1,355
Victoria Gardens
105 Boston Post RdWaterford, CT 06385
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$1,200 - $2,000
Total Monthly Price
Base Rent$1,200 - $2,000
Total Monthly Price$1,200 - $2,000
Washington Street Apartments
73-75 Washington StNew London, CT 06320
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Rent Specials
$1,200 - $2,200
Total Monthly Price
Base Rent$1,200 - $2,200
Total Monthly Price$1,200 - $2,200
Pequot Village
31 Village LnGroton, CT 06340
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$1,200 - $1,400
Total Monthly Price
Base Rent$1,200 - $1,400
Total Monthly Price$1,200 - $1,400
Pride Point and Progress Point
71 Redden AveNew London, CT 06320
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Rent Specials
$1,512 - $2,000
Total Monthly Price
Base Rent$1,512 - $2,000
Total Monthly Price$1,512 - $2,000
Deerfield Village
10 King Arthur DrNiantic, CT 06357
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$1,525 - $2,315
Total Monthly Price
Base Rent$1,525 - $2,315
Total Monthly Price$1,525 - $2,315
Faire Harbour Landings
11 Anthony RdNew London, CT 06320
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$1,565
Total Monthly Price
Base Rent$1,545
Required Monthly Fees$20
Total Monthly Price$1,565
Gull Harbor Apartments
83 Mansfield RdNew London, CT 06320
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$1,585 - $1,940
Total Monthly Price
Base Rent$1,585 - $1,940
Total Monthly PriceVaries
Eagle Pointe
8-127 Michael RdNew London, CT 06320
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$1,664 - $3,638
Total Monthly Price
Base Rent$1,649 - $3,623
Required Monthly Fees$15
Total Monthly Price$1,664 - $3,638
Nutmeg Woods
84 Hawthorne Dr NNew London, CT 06320
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,664 - $3,424
Total Monthly Price
Base Rent$1,664 - $3,424
Total Monthly Price$1,664 - $3,424
ReNew Washington Park
278 Meridian StGroton, CT 06340
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Rent Specials
$1,735 - $3,215
Total Monthly Price
Base Rent$1,520 - $3,000
Required Monthly Fees$215
Total Monthly Price$1,735 - $3,215
The Docks
500 Bank StNew London, CT 06320
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$1,750 - $1,867
Total Monthly Price
Base Rent$1,750 - $1,867
Total Monthly Price$1,750 - $1,867
Bayonet Street Apartments
433-443 Bayonet StNew London, CT 06320
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$1,795
Total Monthly Price
Base Rent$1,795
Total Monthly Price$1,795
Harbor View
360 Thames StGroton, CT 06340
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Rent Specials
$1,800 - $3,164
Total Monthly Price
Base Rent$1,585 - $2,949
Required Monthly Fees$215
Total Monthly Price$1,800 - $3,164
60 Mansfield Road
60 Mansfield RdNew London, CT 06320
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$1,800 - $1,900
Total Monthly Price
Base Rent$1,800 - $1,900
Total Monthly Price$1,800 - $1,900
70 Pond Meadow Rd
70 Pond Meadow RdIvoryton, CT 06442
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$1,850 - $3,114
Total Monthly Price
Base Rent$1,835 - $3,099
Required Monthly Fees$15
Total Monthly Price$1,850 - $3,114
The Sound at Gateway Commons
1 Maple Tree LnEast Lyme, CT 06333
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Rent Specials
$1,875 - $2,085
Total Monthly Price
Base Rent$1,875 - $2,085
Total Monthly Price$1,875 - $2,085
Groton Townhomes
126 Litton AveGroton, CT 06340
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Rent Specials
$1,875 - $2,725
Total Monthly Price
Base Rent$1,875 - $2,725
Total Monthly Price$1,875 - $2,725
Central @ Waterford Woods
394 Willetts AveWaterford, CT 06385
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Rent Specials
$1,950 - $3,922
Total Monthly Price
Base Rent$1,735 - $3,707
Required Monthly Fees$215
Total Monthly Price$1,950 - $3,922
60 Mansfield Road Phase II
22 Georgetown RdNew London, CT 06320
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$2,000 - $2,100
Total Monthly Price
Base Rent$2,000 - $2,100
Total Monthly Price$2,000 - $2,100
Sutton Place
1-6 Sutton PlGroton, CT 06340
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$2,039 - $3,639
Total Monthly Price
Base Rent$2,039 - $3,639
Total Monthly Price$2,039 - $3,639
ReNew Groton
26 Bishop LnGroton, CT 06340
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Rent Specials
$2,055 - $2,800Studio to 2 Bedroom Apartments Available Now
Fairfield Pines East
1355 Roanoke AveRiverhead, NY 11901
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$2,066
Total Monthly Price
Base Rent$2,066
Total Monthly Price$2,066
Brookside Commons
908 Hartford TpkeWaterford, CT 06385
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$2,068 - $2,923
Total Monthly Price
Base Rent$2,044 - $2,899
Required Monthly Fees$24
Total Monthly Price$2,068 - $2,923
The Beam
221 Howard StNew London, CT 06320
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$2,100
Total Monthly Price
Base Rent$2,100
Total Monthly Price$2,100
12 Sharaf St
12 Sharaf StNew London, CT 06320
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$2,195
Total Monthly Price
Base Rent$2,195
Total Monthly Price$2,195
Camden Square
183-209 Brandegee AveGroton, CT 06340
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Rent Specials
$2,325 - $2,8301 to 2 Bedroom Apartments Available Now
Fairfield Pines
1750 W Main StRiverhead, NY 11901
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$2,350Studio Apartments Available Soon
The Fieldstone at East Hampton
515 Montauk HwyEast Hampton, NY 11937
1000 9th St
GreenportNY11944
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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Rent Specials
$2,417 - $3,574Studio to 1 Bedroom Apartments Available Now
Town and Country Luxury Apartments
16 Lamplight CirHampton Bays, NY 11946
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$2,515 - $3,815
Total Monthly Price
Base Rent$2,495 - $3,795
Required Monthly Fees$20
Total Monthly Price$2,515 - $3,815
The Cove at Gateway Commons
1 Lighthouse LnEast Lyme, CT 06333
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$2,550
Total Monthly Price
Base Rent$2,550
Total Monthly Price$2,550
Rocky Neck Village
277 R West Main StEast Lyme, CT 06333
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Rent Specials
$2,620 - $2,9751 to 2 Bedroom Apartments Available Now
Fairfield Town Centre At Riverhead
724-426 E Main StRiverhead, NY 11901
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$2,799 - $4,758
Total Monthly Price
Base Rent$2,750 - $4,709
Required Monthly Fees$49
Total Monthly Price$2,799 - $4,758
Saybrook Station
7 N Main StOld Saybrook, CT 06475
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$2,835 - $3,935
Total Monthly Price
Base Rent$2,800 - $3,900
Required Monthly Fees$35
Total Monthly Price$2,835 - $3,935
The Edgewater
94 N Bridebrook RdNiantic, CT 06357
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Rent Specials
$2,975 - $4,1951 to 2 Bedroom Apartments Available Now
FAIRFIELD ESTATES AT HAMPTON BAYS
164 W Montauk HwyHampton Bays, NY 11946
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$3,000 - $4,500Studio to 2 Bedroom Apartments Available Now
East End LI
205 Osborn AveRiverhead, NY 11901
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Studio Apartments
8 Bank St
8 Bank StNew London, CT 06320
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1 Bedroom Apartments
Garfield Avenue Apartments
145 Garfield AveNew London, CT 06320
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.
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Studio to 2 Bedroom Apartments
120 Broad St
120 Broad StNew London, CT 06320
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1 to 2 Bedroom Apartments
26 Sunset Ter
26 Sunset TerEssex, CT 06426
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1 Bedroom Apartments
Avery Heights Senior Living
300 Brandegee AveGroton, CT 06340
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1 to 2 Bedroom Apartments
61 Bank St
61 Bank StNew London, CT 06320
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1 to 2 Bedroom Apartments
Bay Point Apartments
468 Main StNiantic, CT 06357
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1 to 2 Bedroom Apartments
The Grand
9-15 John StClinton, CT 06413
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Studio Apartments
256 Elm St
256 Elm StSouthampton, NY 11968
317 South St
GreenportNY11944
702 Linnet St
GreenportNY11944
517 Flint St
GreenportNY11944
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.
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Shelter Island, NY Local Guide
House on Shelter Island by Peter Bond is licensed under CC BY 2.0
How much does it cost to rent an apartment in Shelter Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shelter Island Studio Apartments | $2,086 | $1,664 | $3,000 |
| Shelter Island 1 Bedroom Apartments | $2,234 | $1,100 | $3,752 |
| Shelter Island 2 Bedroom Apartments | $2,524 | $1,200 | $4,763 |
| Shelter Island 3 Bedroom Apartments | $3,159 | $1,400 | $3,815 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Shelter Island
See all Apartments in Shelter IslandExplore Shelter Island
Shelter Island, NY Local Guide
- Nearby Cities
- ZIP codes
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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 in the New London neighborhood priced from $1,100. Pequot Village in the New London neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Shelter Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR, 2BA | $1,100 |
| Pequot Village | One Bedroom | 1BR, 1BA | $1,200 |
| Pride Point and Progress Point | Two Bedroom | 2BR, 1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR, 1BA | $1,300 |
| 120 Broad St | Studio | Studio, 1BA | $1,400 |
| Gull Harbor Apartments | 1 BEDROOM | 1BR, 1BA | $1,565 |
| Nutmeg Woods | The Aspen | 1BR, 1BA | $1,664 |
| Eagle Pointe | TWO BEDROOM | 2BR, 1BA | $1,730 |
| The Docks | Open 1 BR 1.06 | Studio, 1BA | $1,735 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR, 2BA | $1,750 |
Best Value Apartments for Rent in Shelter Island, NY and Nearby
As of September 23, 2026 the best value apartment in the Shelter Island area is the $1.95 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the Southwest New London Lyme neighborhood starting from $3,815. The second greatest value Shelter Island apartment is the Sailfish Model at The Edgewater in the South Lyme neighborhood starting at $2,835 with a $2.00 price per square foot. Here is today’s list of the best values for Shelter Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cove at Gateway Commons | Anchor Townhome | 3BR, 2.5BA | $1.95 |
| The Edgewater | Sailfish | 2BR, 1.5BA | $2.00 |
| Brookside Commons | 2 bedroom - 80% | 2BR, 1.5BA | $1.73 |
| Pride Point and Progress Point | Two Bedroom | 2BR, 1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR, 2BA | $1.69 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR, 1BA | $2.00 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR, 1BA | $1.89 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR, 1BA | $1.63 |
| Eagle Pointe | TWO BEDROOM | 2BR, 1BA | $2.20 |
| 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 Article
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.
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.
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Quick Rent Budget Calculator
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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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See the most popular apartments and homes in Shelter Island, NY
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 120 Broad St listed at $1,400.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.