Average Rent in Oyster Bay, NY

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Current Versus Historical Oyster Bay, NY Rents

Oyster Bay rentals average $1,850 for a studio rental to $3,800 for a 3-bedroom rental. The median price of all currently available listings is $3,100, or roughly $40 per square feet.
For the apartment units and housing in June 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $385 (-17.24%) year-over-year from $2,235 to $1,850. 1-bedroom rentals prices have decreased by $33 (-1.06%) year-over-year from $3,133 to $3,100. 2-bedroom rentals prices have increased by $942 (36.81%) year-over-year from $2,558 to $3,500. 3-bedroom rentals prices have decreased by $467 (-10.94%) year-over-year from $4,267 to $3,800. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $4,950 to $4,950. 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 10.48% this month. 1-bedroom rents have gone up by 8.45% this month. 2-bedroom rents have gone up by 2.19% this month. 3-bedroom rents have gone down by 5.79% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $49.33 $1,850 $2,235 (-17.24%) $1,529 (20.96%)
1 BR $36.66 $3,100 $3,133 (-1.06%) $2,300 (34.78%)
2 BR $40.16 $3,500 $2,558 (36.81%) $2,933 (19.32%)
3 BR $20.39 $3,800 $4,267 (-10.94%) $3,517 (8.06%)

Historical Rents in Oyster Bay, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Frequently Asked Questions - Oyster Bay Average Rents

What is the average rent price in Oyster Bay, NY?
The average monthly rental price for Oyster Bay, NY apartments for rent is approximately $3,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Oyster Bay, 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 Oyster Bay, NY.
How much is a studio apartment in Oyster Bay, NY?
The average monthly rental price for studio apartments is $1,850 and an average price per square feet of $49.33. There are a total of 1 studio apartment listings currently available for rent in Oyster Bay.
How much is a one bedroom apartment in Oyster Bay, NY?
The average monthly rental price for one bedroom apartments is $3,025 and an average price per square feet of $36.66. There are a total of 8 one bedroom apartment listings currently available for rent in Oyster Bay.
How much is a two bedroom apartment in Oyster Bay, NY?
The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $40.16. There are a total of 7 two bedroom apartment listings currently available for rent in Oyster Bay.
How have rent prices in Oyster Bay, NY changed this year?
Rent prices for rentals in Oyster Bay, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by 0.37%, three bedroom rental prices have changed by -0.11% year-over-year.
What is a reasonable rent price in Oyster Bay, NY?
A reasonable rent price in Oyster Bay, NY is around $2,480/month. You can search for these reasonably priced rental listings on RentHop.
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