Average Rent in Sheepshead Bay, New York, NY

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Current Versus Historical Sheepshead Bay, New York, NY Rents

Sheepshead Bay rentals average $3,175 for a studio rental to $3,750 for a 4-bedroom rental. The median price of all currently available listings is $3,400, or roughly $48 per square feet.
For the apartment units and housing in June 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $5,738 (-65.71%) year-over-year from $8,733 to $2,995. 1-bedroom rentals prices have increased by $564 (21.61%) year-over-year from $2,609 to $3,173. 2-bedroom rentals prices have increased by $889 (30.81%) year-over-year from $2,886 to $3,775. 3-bedroom rentals prices have increased by $698 (27.39%) year-over-year from $2,549 to $3,248. 4-bedroom rentals prices have decreased by $765 (-17.53%) year-over-year from $4,365 to $3,600. 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 7.85% this month. 1-bedroom rents have gone up by 3.66% this month. 2-bedroom rents have gone up by 1.19% this month. 3-bedroom rents have gone up by 10.18% this month. 4-bedroom rents have gone down by 38.64% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $35.25 $2,995 $8,733 (-65.71%) $1,807 (65.77%)
1 BR $61.19 $3,173 $2,609 (21.61%) $2,234 (42.00%)
2 BR $31.50 $3,775 $2,886 (30.81%) $2,966 (27.26%)
3 BR $41.71 $3,248 $2,549 (27.39%) $2,723 (19.25%)
4+ BR $28.80 $3,600 $4,365 (-17.53%) $5,367 (-32.92%)

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 29 cities nearby Sheepshead Bay. The average rent in Sheepshead Bay is currently $3,495 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, 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 Westport, CT. Monthly rents here are on average $10,500 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 38.43% more expensive than other cities nearby. One bedrooms are about 19.55% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 10.04% more expensive. Finally, rent for three bedrooms are about 21.40% more affordable. Want more information? Check out the top 10 cities out of 29 total cities near Sheepshead Bay, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,575 $1,650 $2,200 $2,300
Jersey City, NJ $2,597 $2,313 $2,450 $2,600
Hackensack, NJ N/A $2,298 $2,800 $2,650
Bayonne, NJ $2,499 $2,630 $3,297 $2,678
Palisades Park, NJ $2,050 $2,100 $2,475 $2,925
Fort Lee, NJ $1,748 $2,700 $3,395 $3,100
Cliffside Park, NJ N/A $2,150 $3,600 $3,200
Edgewater, NJ $2,455 $2,700 $4,425 $3,700
Long Beach, NY $2,200 $2,975 $3,725 $4,000
New York, NY $3,800 $4,695 $6,224 $4,920

Top Neighborhoods Near Sheepshead Bay

There are a total of 71 neighborhoods in or near Sheepshead Bay. Some of these neighborhoods include East Flatbush, East New York, 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 $4,650 per month. A total of 16 neighborhoods have a lower average rent. Meaning, only fourteen neighborhoods have a higher average rent than $4,650. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $3,400. Out of all the neighborhoods in or near Sheepshead Bay, Brooklawn - St. Vincent has the most affordable average rent at $2,000 per month. Whereas, at $8,400 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
East Flatbush, New York, NY $2,400 $2,816 $3,350 $3,100
East New York, New York, NY $2,400 $2,699 $3,277 $3,231
Flatbush, New York, NY $2,692 $2,995 $3,470 $3,250
Coney Island, New York, NY N/A $3,230 $3,764 $3,263
Greenwood Heights, New York, NY $2,958 $3,420 $4,355 $3,650
Bedford-Stuyvesant, New York, NY $2,999 $3,250 $3,800 $3,650
Bushwick, New York, NY $3,125 $3,200 $3,695 $3,795
Crown Heights, New York, NY $3,125 $3,511 $4,490 $3,800
Ridgewood, New York, NY $2,695 $2,850 $3,945 $3,925
Clinton Hill, New York, NY $3,522 $4,068 $5,811 $4,295
Prospect Heights, New York, NY $3,650 $4,318 $6,295 $4,311
Gowanus, New York, NY $3,407 $4,069 $6,055 $4,400
Fort Greene, New York, NY $3,450 $4,550 $6,500 $4,550
Park Slope, New York, NY $3,000 $3,750 $5,000 $4,575
Downtown Brooklyn, New York, NY $3,597 $4,481 $6,295 $4,690
Brooklyn Heights, New York, NY $3,699 $4,600 $7,303 $4,800
Boerum Hill, New York, NY $3,995 $4,603 $5,800 $5,100
Financial District, New York, NY $4,082 $5,295 $7,195 $5,200
Two Bridges, New York, NY $4,123 $5,248 $8,723 $5,450
NoLita, New York, NY $6,810 $5,495 $6,995 $5,495
Williamsburg, New York, NY $4,205 $5,000 $5,950 $5,500
East Village, New York, NY $3,900 $4,295 $6,050 $5,695
DUMBO, New York, NY $3,998 $5,465 $7,523 $5,966
Bowery, New York, NY $3,375 $3,799 $6,495 $6,023
Carroll Gardens, New York, NY $2,850 $4,247 $6,000 $6,050
Lower East Side, New York, NY $4,289 $5,450 $5,995 $6,500
Battery Park City, New York, NY $4,444 $5,650 $7,500 $6,925
Tribeca, New York, NY $6,067 $6,750 $8,345 $7,500
Civic Center, New York, NY $5,000 $5,859 $9,500 $7,754
Little Italy, New York, NY $3,663 $3,618 $5,995 $8,295

Top Counties Near Sheepshead Bay

There are a total of 40 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 $3,375. That's roughly around $39 per sqft. A total of 21 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 $10,500, 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 37.01% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 22.01% more expensive than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 14.31% 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 $1,575 $1,650 $2,200 $2,300
Jersey City, NJ $2,597 $2,313 $2,450 $2,600
Bayonne, NJ $2,499 $2,630 $3,297 $2,678
Palisades Park, NJ $2,050 $2,100 $2,475 $2,925
Cliffside Park, NJ N/A $2,150 $3,600 $3,200
Queens, New York, NY $3,390 $3,427 $4,075 $3,650
Edgewater, NJ $2,455 $2,700 $4,425 $3,700
Long Beach, NY $2,200 $2,975 $3,725 $4,000
Brooklyn, New York, NY $3,500 $4,100 $5,196 $4,250
Manhattan, New York, NY $3,900 $5,100 $6,855 $5,400

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 $4,948. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,245 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,650. That's at least $96 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 $4,658 per month. Or in other words, $85 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,408 per month. Which comes out to $82 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 $3,175 $2,699 $3,800 $3,515
11210, New York, NY $2,800 $3,400 $3,350 $3,400
11226, New York, NY $2,621 $2,998 $3,460 $3,245
11225, New York, NY $3,100 $3,500 $4,875 $3,938
11215, New York, NY $3,407 $3,950 $5,958 $4,400
11213, New York, NY $3,150 $3,400 $3,225 $3,375
11233, New York, NY $2,500 $2,995 $3,498 $3,395
11238, New York, NY $3,575 $4,154 $5,778 $4,295
11216, New York, NY $3,020 $3,548 $3,970 $3,850
11217, New York, NY $3,535 $4,450 $6,457 $4,600

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 $3,400. 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 $3,175 and an average price per square feet of $35.25. There are a total of 3 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 $3,350 and an average price per square feet of $61.19. There are a total of 13 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 $3,905 and an average price per square feet of $31.50. There are a total of 16 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 -0.66%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by 0.31%, three bedroom rental prices have changed by 0.27% 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 $2,720/month. You can search for these reasonably priced rental listings on RentHop.
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