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$1,100 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCrocker House
35 Union StNew London, CT 06320
Cheap Apartments for Rent in Shelter Island, NY from $1,100 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelter Island.
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Rent Specials
$1,150 - $1,355
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityVictoria Gardens
105 Boston Post RdWaterford, CT 06385
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$1,200 - $2,000
Plus Fees
1 to 2 Bedroom Apartments Available NowWashington Street Apartments
73-75 Washington StNew London, CT 06320
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Rent Specials
$1,200 - $2,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowPequot Village
31 Village LnGroton, CT 06340
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$1,200 - $1,400
Plus Fees
2 to 3 Bedroom Apartments Available NowPride Point and Progress Point
71 Redden AveNew London, CT 06320
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$1,263 - $2,436
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,263 - $2,436
Total Monthly Price
$1,263 - $2,436
Bayonet Street Apartments
433-443 Bayonet StNew London, CT 06320
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$1,328 - $2,017
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,303 - $1,992
Required Monthly Fees
$25
Total Monthly Price
$1,328 - $2,017
Villages at Shore Landing
5 Nob Hill RdNew London, CT 06320
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$1,350 - $1,650
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowHighland Apartments
43 Granite StNew London, CT 06320
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Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400 - $2,850
Total Monthly Price
$1,400 - $2,850
120 Broad St
120 Broad StNew London, CT 06320
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$1,419 - $1,695
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $1,675
Required Monthly Fees
$20
Total Monthly Price
$1,419 - $1,695
Gull Harbor Apartments
83 Mansfield RdNew London, CT 06320
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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$1,475 - $1,750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,475 - $1,750
Total Monthly Price
$1,475 - $1,750
Faire Harbour Landings
11 Anthony RdNew London, CT 06320
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Rent Specials
$1,512 - $2,000
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal 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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$1,529 - $3,359
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,529 - $3,359
Total Monthly Price
$1,529 - $3,359
ReNew Washington Park
278 Meridian StGroton, CT 06340
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Rent Specials
$1,550 - $1,945
Plus Fees
1 to 3 Bedroom Apartments Available NowEagle Pointe
8-127 Michael RdNew London, CT 06320
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Rent Specials
$1,570 - $2,241
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,545 - $2,216
Required Monthly Fees
$25
Total Monthly Price
$1,570 - $2,241
Nutmeg Woods
84 Hawthorne Dr NNew London, CT 06320
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$1,608
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowAvery Heights Senior Living
300 Brandegee AveGroton, CT 06340
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Rent Specials
$1,660
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,660
Total Monthly Price
$1,660
Vessel - Bank Street
174 Bank StNew London, CT 06320
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Rent Specials
$1,670 - $3,215
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,455 - $3,000
Required Monthly Fees
$215
Total Monthly Price
$1,670 - $3,215
The Docks
500 Bank StNew London, CT 06320
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$1,695
Plus Fees
Studio Apartments Available Jun 1Harbor View
360 Thames StGroton, CT 06340
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Rent Specials
$1,700 - $2,150
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now61 Bank St
61 Bank StNew London, CT 06320
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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$1,721 - $2,477
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,701 - $2,457
Required Monthly Fees
$20
Total Monthly Price
$1,721 - $2,477
The Beam
221 Howard StNew London, CT 06320
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Rent Specials
$1,775 - $3,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,560 - $2,810
Required Monthly Fees
$215
Total Monthly Price
$1,775 - $3,025
60 Mansfield Road
60 Mansfield RdNew London, CT 06320
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Rent Specials
$1,800
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityBay Point Apartments
468 Main StNiantic, CT 06357
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$1,800 - $1,900
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Now70 Pond Meadow Rd
70 Pond Meadow RdIvoryton, CT 06442
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Rent Specials
$1,815 - $3,065
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,800 - $3,050
Required Monthly Fees
$15
Total Monthly Price
$1,815 - $3,065
The Sound at Gateway Commons
1 Maple Tree LnEast Lyme, CT 06333
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Rent Specials
$1,875 - $2,050
Plus Fees
1 to 2 Bedroom Apartments Available Jul 15Groton Townhomes
126 Litton AveGroton, CT 06340
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Rent Specials
$1,875 - $3,740
Total Monthly Price18 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,660 - $3,525
Required Monthly Fees
$215
Total Monthly Price
$1,875 - $3,740
60 Mansfield Road Phase II
22 Georgetown RdNew London, CT 06320
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Rent Specials
$1,875 - $2,725
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCentral @ Waterford Woods
394 Willetts AveWaterford, CT 06385
1000 Ninth St
SoutholdNY11944
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$1,979 - $3,359
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,929 - $3,309
Required Monthly Fees
$50
Total Monthly Price
$1,979 - $3,359
ReNew Groton
26 Bishop LnGroton, CT 06340
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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Rent Specials
$2,046 - $3,935
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,011 - $3,900
Required Monthly Fees
$35
Total Monthly Price
$2,046 - $3,935
The Edgewater
94 N Bridebrook RdNiantic, CT 06357
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$2,055 - $2,770Studio to 2 Bedroom Apartments Available Now
Fairfield Pines East
1355 Roanoke AveRiverhead, NY 11901
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$2,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
12 Sharaf St
12 Sharaf StNew London, CT 06320
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$2,245
Plus Fees
2 Bedroom Apartments Available NowCamden Square
183-209 Brandegee AveGroton, CT 06340
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Rent Specials
$2,250 - $2,650
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Grand
9-15 John StClinton, CT 06413
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Rent Specials
$2,325 - $2,8751 to 2 Bedroom Apartments Available Now
Fairfield Pines
1750 W Main StRiverhead, NY 11901
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$2,350Studio Apartments Contact Us For Availability
The Fieldstone at East Hampton
515 Montauk HwyEast Hampton, NY 11937
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$2,374 - $3,600Studio 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 Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal 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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$2,620 - $2,9751 to 2 Bedroom Apartments Available Now
Fairfield Town Centre At Riverhead
724-426 E Main StRiverhead, NY 11901
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.
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$2,654 - $3,465
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$2,605 - $3,416
Required Monthly Fees
$49
Total Monthly Price
$2,654 - $3,465
Saybrook Station
7 N Main StOld Saybrook, CT 06475
880 Wiggins St
GreenportNY11944
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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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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
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1 to 2 Bedroom Apartments
Brookside Commons
908 Hartford TpkeWaterford, CT 06385
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1 to 2 Bedroom Apartments
26 Sunset Ter
26 Sunset TerEssex, CT 06426
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2 Bedroom Apartments
Sutton Place
1-6 Sutton PlGroton, CT 06340
1000 9th St
GreenportNY11944
325 Wiggins St
GreenportNY11944
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.
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 | $1,648 | $1,328 | $2,619 |
| Shelter Island 1 Bedroom Apartments | $1,969 | $1,100 | $3,465 |
| Shelter Island 2 Bedroom Apartments | $2,252 | $1,200 | $4,195 |
| Shelter Island 3 Bedroom Apartments | $2,873 | $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
- Local Counties
- School Districts
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. Pequot Village 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 |
| Bayonet Street Apartments | Bayo II - One Bed One Bath | 1BR,1BA | $1,263 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,328 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Eagle Pointe | ONE BEDROOM | 1BR,1BA | $1,550 |
| Nutmeg Woods | The Aspen | 1BR,1BA | $1,570 |
Best Value Apartments for Rent in Shelter Island, NY and Nearby
As of May 08, 2026 the best value apartment in the Shelter Island area is the $2.18 price per square foot Flagship Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,315. The second greatest value Shelter Island apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $2.07 price per square foot in the South Lyme neighborhood. 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 | Flagship Townhouse | 2BR,2BA | $2.18 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| Bayonet Street Apartments | Bayo II - Three Bed Two Bath | 3BR,2BA | $1.90 |
| Central @ Waterford Woods | Great Neck - Loft Unit 2BR/2BA - Buildings G, H... | 2BR,2BA | $2.24 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| 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.
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Real 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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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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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 Villages at Shore Landing listed at $1,328.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.