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Rent Specials
$905 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityVictoria Gardens
105 Boston Post RdWaterford, CT 06385
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.
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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
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$1,200 - $2,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowPequot Village
31 Village LnGroton, CT 06340
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$1,257 - $1,978
Plus Fees
Studio to 2 Bedroom Apartments Available NowVillages at Shore Landing
5 Nob Hill RdNew London, CT 06320
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$1,315 - $2,050
Plus Fees
Studio to 2 Bedroom Apartments Available Sep 27ReNew Washington Park
278 Meridian StGroton, CT 06340
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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$1,595 - $3,215
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,380 - $3,000
Required Monthly Fees
$215
Total Monthly Price
$1,595 - $3,215
The Docks
500 Bank StNew London, CT 06320
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$1,380 - $1,925
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityDeerfield Village
10 King Arthur DrNiantic, CT 06357
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$1,500 - $1,550
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Sep 19Faire Harbour Landings
11 Anthony RdNew London, CT 06320
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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$1,525 - $1,675
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowGull Harbor Apartments
83 Mansfield RdNew London, CT 06320
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$1,560 - $1,665
Plus Fees
1 to 3 Bedroom Apartments Available Nov 4Eagle Pointe
8-127 Michael RdNew London, CT 06320
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$1,596 - $1,859
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,586 - $1,849
Required Monthly Fees
$10
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$1,596 - $1,859
Nutmeg Woods
84 Hawthorne Dr NNew London, CT 06320
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$1,600 - $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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Showing Results 1-20, Page 1 of 1
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 | $1,582 | $1,257 | $2,514 |
| Shelter Island 1 Bedroom Apartments | $1,966 | $905 | $3,070 |
| Shelter Island 2 Bedroom Apartments | $2,361 | $1,100 | $4,270 |
| Shelter Island 3 Bedroom Apartments | $4,183 | $2,895 | $10,000+ |
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 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 | $1,257 |
| Gull Harbor Apartments | 1 BEDROOM | 1BR,1BA | $1,525 |
Best Value Apartments for Rent in Shelter Island, NY and Nearby
As of September 08, 2025 the best value apartment in the Shelter Island area is the $2.18 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,325. The second greatest value Shelter Island apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.91 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 | Cape Townhouse | 2BR,2BA | $2.18 |
| The Edgewater | Sailfish | 2BR,1.5BA | $1.91 |
| Central @ Waterford Woods | Great Neck - Loft Unit 2BR/2BA - Buildings J, K... | 2BR,2BA | $2.24 |
| The Sound at Gateway Commons | The Waterford | 2BR,2BA | $2.26 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $2.00 |
| 60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.50 |
| Groton Townhomes | Renovated Townhouse - 1 Bedroom | 1BR,1BA | $2.43 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
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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 $1,257.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.