
Cheap Apartments for Rent in Shelter Island, NY from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Shelter Island.


Highland Apartments

Pequot Village

Peppertree Apartments
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.

Villages at Shore Landing

Deerfield Village
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

60 Mansfield Road Phase II

Nutmeg Woods

Gull Harbor Apartments
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.
Shelter Island, NY Local Guide

How much does it cost to rent an apartment in Shelter Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Shelter Island Studio Apartments | $1,543 | $1,175 | $3,184 |
Shelter Island 1 Bedroom Apartments | $2,000 | $905 | $5,937 |
Shelter Island 2 Bedroom Apartments | $2,396 | $1,100 | $10,000+ |
Shelter Island 3 Bedroom Apartments | $18,870 | $1,925 | $10,000+ |
Browse Top Apartments in Shelter Island
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Shelter Island, NY Local Guide
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Cheapest Available Shelter Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Shelter Island, NY is a 1 Bed 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 | 1BR,1BA | $1,100 |
Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
Morton House | Efficiency | 1BR,1BA | $1,200 |
Villages at Shore Landing | Cove | Studio,1BA | $1,265 |
The Docks | Open 1 BR 1.06 | Studio,1BA | $1,380 |
Best Value Apartments for Rent in Shelter Island, NY and Nearby
As of June 04, 2025 the best value apartment in the Shelter Island area is the $1.90 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,695. The second greatest value Shelter Island apartment is the Atlantic Townhouse Model at The Cove at Gateway Commons starting at $2,495 with a $2.19 price per square foot in the Southwest New London 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 Edgewater | Sailfish | 2BR,1.5BA | $1.90 |
The Cove at Gateway Commons | Atlantic Townhouse | 1BR,1BA | $2.19 |
Bayonet Street Apartments | Two Bed Small | 2BR,2BA | $1.97 |
Groton Townhouse Apartments | Two Bedroom - Renovated | 2BR,1BA | $2.46 |
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.17 |
Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.12 |
Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
Peppertree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.11 |
Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
Gull Harbor Apartments | 1 BEDROOM | 1BR,1BA | $2.54 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Shelter Island, NY Rentals by Map
See the most popular apartments and homes in Shelter Island, NY
Getting Around Shelter Island, NY
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,265.
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 $1,350 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 The Sound at Gateway Commons and starts from $2,895.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.