Average Rent in Sheepshead Bay, New York, NY

Home » NY » New York » Sheepshead Bay

Current Versus Historical Sheepshead Bay, New York, NY Rents

Sheepshead Bay rentals average $2,847 for a studio rental to $5,050 for a 4-bedroom rental. The median price of all currently available listings is $3,495, or roughly $51 per square feet.

For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $1,298 (-31.31%) year-over-year from $4,145 to $2,847. 1-bedroom rentals prices have increased by $113 (4.34%) year-over-year from $2,595 to $2,708. 2-bedroom rentals prices have increased by $584 (17.32%) year-over-year from $3,374 to $3,959. 3-bedroom rentals prices have increased by $1,487 (50.15%) year-over-year from $2,965 to $4,452. 4-bedroom rentals prices have decreased by $548 (-13.37%) year-over-year from $4,095 to $3,548. 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 up by 24.74% this month. 1-bedroom rents have gone down by 4.88% this month. 2-bedroom rents have gone down by 5.79% this month. 3-bedroom rents have gone up by 35.64% this month. 4-bedroom rents have gone down by 24.77% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$73.49	$2,847	$4,145 (-31.31%)	$1,850 (53.89%)
1 BR	$67.30	$2,708	$2,595 (4.34%)	$2,415 (12.11%)
2 BR	$48.84	$3,959	$3,374 (17.32%)	$2,947 (34.31%)
3 BR	$43.75	$4,452	$2,965 (50.15%)	$2,917 (52.64%)
4+ BR	$32.26	$3,548	$4,095 (-13.37%)	$4,233 (-16.20%)

Historical Rents in Sheepshead Bay, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Sheepshead Bay

There are a total of 30 cities nearby Sheepshead Bay. The average rent in Sheepshead Bay is currently $3,000 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Trenton, NJ, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Sheepshead Bay, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,650 per month.

Let's compare Sheepshead Bay, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Sheepshead Bay, New York, NY is 29.75% more expensive than other cities nearby. One bedrooms are about 10.68% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 25.93% more expensive. Finally, rent for three bedrooms are about 2.63% more affordable. Want more information? Check out the top 10 cities out of 30 total cities near Sheepshead Bay, New York, NY in the following table.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,250	$1,625	$1,850	$2,050
Hackensack, NJ	$1,550	$1,900	$2,500	$2,250
Jersey City, NJ	$2,875	$2,836	$2,225	$2,400
Bayonne, NJ	$2,283	$2,600	$3,075	$2,562
Cliffside Park, NJ	N/A	$2,250	$3,000	$2,950
Fort Lee, NJ	$1,500	$2,300	$3,100	$3,000
Palisades Park, NJ	$1,650	$1,863	$2,500	$3,300
Long Branch, NJ	$2,125	$2,750	$3,325	$3,300
Long Beach, NY	$2,292	$2,800	$3,400	$3,500
New York, NY	$3,875	$4,700	$6,250	$4,900

Top Neighborhoods Near Sheepshead Bay

There are a total of 71 neighborhoods in or near Sheepshead Bay. Some of these neighborhoods include Bay Ridge, East Flatbush, and Flatbush. We've included the top 30 neighborhoods out of 71 total neighborhoods in or near Sheepshead Bay, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Sheepshead Bay, New York, NY is currently around $4,575 per month. A total of 17 neighborhoods have a lower average rent. Meaning, only thirteen neighborhoods have a higher average rent than $4,575. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $3,495. Out of all the neighborhoods in or near Sheepshead Bay, East Side has the most affordable average rent at $2,000 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Sheepshead Bay. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Bay Ridge, New York, NY	$1,925	$2,385	$3,100	$2,850
East Flatbush, New York, NY	$2,400	$3,175	$2,850	$3,034
Flatbush, New York, NY	$2,725	$3,230	$3,404	$3,311
Greenwood Heights, New York, NY	$3,500	$3,369	$4,156	$3,436
Ocean Hill, New York, NY	N/A	$2,499	$3,200	$3,450
Crown Heights, New York, NY	$2,850	$3,415	$4,500	$3,785
Bedford-Stuyvesant, New York, NY	$3,225	$3,458	$4,195	$3,797
Ridgewood, New York, NY	$2,495	$3,226	$3,945	$3,950
Bushwick, New York, NY	$3,985	$3,601	$3,982	$3,999
Clinton Hill, New York, NY	$3,550	$4,057	$5,785	$4,295
Gowanus, New York, NY	$3,480	$3,913	$6,250	$4,350
Boerum Hill, New York, NY	$3,600	$4,100	$5,863	$4,375
Downtown Brooklyn, New York, NY	$3,595	$4,395	$6,471	$4,495
Prospect Heights, New York, NY	$3,498	$4,424	$5,739	$4,522
Fort Greene, New York, NY	$3,669	$4,575	$6,895	$4,575
Greenpoint, New York, NY	$3,690	$4,600	$6,877	$4,600
Park Slope, New York, NY	$3,350	$3,895	$5,275	$5,000
Williamsburg, New York, NY	$4,010	$5,000	$5,604	$5,040
Financial District, New York, NY	$4,180	$5,406	$7,719	$5,300
NoLita, New York, NY	$11,500	$4,895	$7,895	$5,495
Brooklyn Heights, New York, NY	$4,050	$4,871	$7,997	$5,500
Bowery, New York, NY	$3,300	$5,698	$7,838	$5,600
Battery Park City, New York, NY	$4,000	$5,350	$7,460	$5,660
Lower East Side, New York, NY	$4,211	$4,495	$6,990	$5,990
East Village, New York, NY	$3,795	$4,200	$5,995	$5,995
Carroll Gardens, New York, NY	$3,025	$3,975	$6,000	$6,000
DUMBO, New York, NY	$5,950	$5,294	$7,453	$7,150
Two Bridges, New York, NY	N/A	$5,295	$8,750	$7,300
Little Italy, New York, NY	$3,500	$3,724	$5,600	$7,750
Tribeca, New York, NY	$5,999	$6,998	$8,295	$7,995

Top Counties Near Sheepshead Bay

There are a total of 42 counties located by Sheepshead Bay, New York, NY. Some of these counties include Newark, NJ, Jersey City, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,299. That's roughly around $38 per sqft. A total of 27 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,000. Vice versa, with an average rent of $9,650, Spring Lake, NJ is the most expensive county by Sheepshead Bay, New York, NY.

Typically, rent for studios in Sheepshead Bay, New York, NY is 29.75% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 5.31% more expensive than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 22.22% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,250	$1,625	$1,850	$2,050
Jersey City, NJ	$2,875	$2,836	$2,225	$2,400
Bayonne, NJ	$2,283	$2,600	$3,075	$2,562
Cliffside Park, NJ	N/A	$2,250	$3,000	$2,950
Fort Lee, NJ	$1,500	$2,300	$3,100	$3,000
Palisades Park, NJ	$1,650	$1,863	$2,500	$3,300
Long Beach, NY	$2,292	$2,800	$3,400	$3,500
Queens, New York, NY	$3,493	$3,718	$4,350	$3,800
Brooklyn, New York, NY	$3,575	$4,116	$4,916	$4,200
Manhattan, New York, NY	$4,015	$5,200	$7,200	$5,450

Top Zipcodes Near Sheepshead Bay

There are a total of 50 zipcodes in or near Sheepshead Bay, New York, NY. The average rent for all of these zipcodes is $5,123. A total of 5 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11210, New York, NY at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $7,995 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,692. That's at least $92 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Sheepshead Bay, New York, NY is $4,577 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,889 per month. Which comes out to $87 per sqft. The following table includes the top 10 zipcodes in Sheepshead Bay, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
11235, New York, NY	$2,251	$2,778	$3,867	$3,500
11210, New York, NY	$2,650	$3,100	$2,950	$3,000
11226, New York, NY	$2,725	$3,300	$3,500	$3,350
11225, New York, NY	$2,850	$3,427	$4,500	$3,750
11215, New York, NY	$3,480	$4,200	$5,750	$4,500
11213, New York, NY	$2,500	$2,965	$3,300	$3,027
11207, New York, NY	$3,200	$3,000	$3,395	$3,395
11233, New York, NY	$2,500	$3,300	$3,400	$3,450
11238, New York, NY	$3,550	$4,069	$5,423	$4,352
11216, New York, NY	$3,250	$3,548	$4,350	$3,795

Frequently Asked Questions - Sheepshead Bay Average Rents

What is the average rent price in Sheepshead Bay, New York, NY?

The average monthly rental price for Sheepshead Bay, New York, NY apartments for rent is approximately $3,495. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Sheepshead Bay, New York, 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 Sheepshead Bay, New York, NY.

How much is a studio apartment in Sheepshead Bay, New York, NY?

The average monthly rental price for studio apartments is $2,847 and an average price per square feet of $73.49. There are a total of 4 studio apartment listings currently available for rent in Sheepshead Bay.

How much is a one bedroom apartment in Sheepshead Bay, New York, NY?

The average monthly rental price for one bedroom apartments is $2,631 and an average price per square feet of $67.30. There are a total of 14 one bedroom apartment listings currently available for rent in Sheepshead Bay.

How much is a two bedroom apartment in Sheepshead Bay, New York, NY?

The average monthly rental price for two bedroom apartments is $4,050 and an average price per square feet of $48.84. There are a total of 23 two bedroom apartment listings currently available for rent in Sheepshead Bay.

How have rent prices in Sheepshead Bay, New York, NY changed this year?

Rent prices for rentals in Sheepshead Bay, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.31%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 0.50% year-over-year.

What is a reasonable rent price in Sheepshead Bay, New York, NY?

A reasonable rent price in Sheepshead Bay, New York, NY is around $2,796/month. You can search for these reasonably priced rental listings on RentHop.