Average Rent in Locust Valley, NY

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Current Versus Historical Locust Valley, NY Rents

Locust Valley rentals average $3,500 for a 2-bedroom rental to $9,100 for a 4-bedroom rental. The median price of all currently available listings is $6,200, or roughly $41 per square feet.

For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have decreased by $662 (-29.25%) year-over-year from $2,262 to $1,600. 1-bedroom rentals prices have increased by $198 (8.99%) year-over-year from $2,202 to $2,400. 2-bedroom rentals prices have decreased by $348 (-9.03%) year-over-year from $3,848 to $3,500. 3-bedroom rentals prices have increased by $1,506 (34.68%) year-over-year from $4,344 to $5,850. 4-bedroom rentals prices have increased by $5,629 (88.36%) year-over-year from $6,371 to $12,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 4.55% this month. 3-bedroom rents have gone down by 22.77% this month. 4-bedroom rents have gone up by 47.24% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	N/A	$3,500	$3,848 (-9.03%)	$3,558 (-1.64%)
3 BR	$41.28	$5,850	$4,344 (34.68%)	$6,458 (-9.42%)
4+ BR	$54.37	$12,000	$6,371 (88.36%)	$6,686 (79.49%)

Historical Rents in Locust Valley, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Locust Valley

There are a total of 1 cities nearby Locust Valley. The average rent in Locust Valley is currently $3,498 per month. Only one city nearby has an average rent lower than that. Our records show that Glen Cove, NY, with an average rent of $3,498, is the most affordable city nearby. In contrast, the most expensive city near Locust Valley, NY is Glen Cove, NY. Monthly rents here are on average $3,498 per month.

Let's compare Locust Valley, NY's rent against other top cities nearby by bedroom size. Two bedrooms in Locust Valley, NY are about 1.43% more expensive. Finally, rent for three bedrooms are about 35.47% more expensive. Want more information? Check out the top 1 cities near Locust Valley, NY in the following table.

City	Studio	1 Bed	2 Bed	All
Glen Cove, NY	$2,600	$3,395	$3,450	$3,498

Top Neighborhoods Near Locust Valley

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Locust Valley

There are a total of 1 counties located by Locust Valley, NY. One county in the area is Glen Cove, NY. The average rent for rentals in these counties is $3,498. That's roughly around $38 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Glen Cove, NY. Its average rent per month is $3,498. Vice versa, with an average rent of $3,498, Glen Cove, NY is the most expensive county by Locust Valley, NY.

Rent for two bedrooms in Locust Valley, NY is 1.43% more expensive than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Glen Cove, NY	$2,600	$3,395	$3,450	$3,498

Top Zipcodes Near Locust Valley

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Locust Valley Average Rents

What is the average rent price in Locust Valley, NY?

The average monthly rental price for Locust Valley, NY apartments for rent is approximately $6,200. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Locust Valley, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Locust Valley, NY.

How much is a two bedroom apartment in Locust Valley, NY?

The average monthly rental price for two bedroom apartments is $3,500. There are a total of 1 two bedroom apartment listings currently available for rent in Locust Valley.

How have rent prices in Locust Valley, NY changed this year?

Rent prices for rentals in Locust Valley, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.29%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by -0.09%, three bedroom rental prices have changed by 0.35% year-over-year.

What is a reasonable rent price in Locust Valley, NY?

A reasonable rent price in Locust Valley, NY is around $4,960/month. You can search for these reasonably priced rental listings on RentHop.