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 $2,200 for a studio rental to $5,050 for a 4-bedroom rental. The median price of all currently available listings is $3,350, or roughly $54 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have decreased by $3,333 (-60.24%) year-over-year from $5,533 to $2,200. 1-bedroom rentals prices have increased by $754 (31.29%) year-over-year from $2,410 to $3,165. 2-bedroom rentals prices have increased by $764 (26.03%) year-over-year from $2,936 to $3,700. 3-bedroom rentals prices have increased by $1,000 (44.49%) year-over-year from $2,248 to $3,248. 4-bedroom rentals prices have decreased by $630 (-14.89%) year-over-year from $4,230 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 down by 15.30% this month. 1-bedroom rents have gone up by 2.82% this month. 2-bedroom rents have gone up by 0.30% this month. 3-bedroom rents have gone up by 4.25% this month. 4-bedroom rents have gone down by 36.84% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	N/A	$2,200	$5,533 (-60.24%)	$1,882 (16.92%)
1 BR	$65.88	$3,165	$2,410 (31.29%)	$2,367 (33.71%)
2 BR	$39.08	$3,700	$2,936 (26.03%)	$2,998 (23.42%)
3 BR	$35.95	$3,248	$2,248 (44.49%)	$2,642 (22.93%)
4+ BR	$45.85	$3,600	$4,230 (-14.89%)	$4,867 (-26.03%)

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 $3,000 per month. A total of 17 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 $11,000 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 15.45% more expensive than other cities nearby. One bedrooms are about 24.16% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 12.68% more expensive. Finally, rent for three bedrooms are about 17.01% 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	$1,736	$1,600	$1,900	$2,100
Jersey City, NJ	$2,450	$2,800	$2,650	$2,600
Mount Vernon, NY	$1,750	$2,275	$2,555	$2,625
Bayonne, NJ	$2,380	$2,499	$3,230	$2,670
Palisades Park, NJ	$1,650	$1,950	$2,550	$2,700
Cliffside Park, NJ	$1,750	$2,375	$3,300	$2,950
Fort Lee, NJ	$1,600	$2,725	$3,300	$3,300
Long Branch, NJ	$2,225	$2,400	$3,700	$3,500
Long Beach, NY	$2,225	$2,775	$3,660	$3,750
New York, NY	$3,800	$4,650	$6,204	$4,900

Top Neighborhoods Near Sheepshead Bay

There are a total of 67 neighborhoods in or near Sheepshead Bay. Some of these neighborhoods include East Flatbush, Flatbush, and Greenwood Heights. We've included the top 30 neighborhoods out of 67 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 $4,759 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $4,759. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $3,350. 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 $8,085 average rent per month, Little Italy 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	$2,600	$2,988	$3,000	$3,000
Flatbush, New York, NY	$2,500	$3,000	$3,421	$3,200
Greenwood Heights, New York, NY	$2,958	$3,369	$4,156	$3,420
Bedford-Stuyvesant, New York, NY	$3,225	$3,395	$3,999	$3,500
Crown Heights, New York, NY	$3,250	$3,493	$4,346	$3,730
Coney Island, New York, NY	N/A	$3,400	$4,225	$3,850
Bushwick, New York, NY	$3,369	$3,500	$3,800	$3,850
Ridgewood, New York, NY	$2,395	$2,880	$3,945	$3,942
Prospect Heights, New York, NY	$3,657	$4,390	$6,295	$4,380
Gowanus, New York, NY	$3,700	$4,050	$6,500	$4,400
Downtown Brooklyn, New York, NY	$3,650	$4,395	$6,495	$4,438
Clinton Hill, New York, NY	$3,575	$4,125	$5,460	$4,500
Fort Greene, New York, NY	$3,579	$4,570	$6,895	$4,700
Greenpoint, New York, NY	$3,690	$4,503	$6,877	$4,759
Bowery, New York, NY	$3,350	$3,750	$4,899	$4,849
Park Slope, New York, NY	$3,600	$3,800	$5,098	$4,850
Boerum Hill, New York, NY	$3,876	$4,605	$5,655	$4,900
Brooklyn Heights, New York, NY	$4,000	$4,800	$7,500	$4,999
Williamsburg, New York, NY	$4,100	$5,250	$5,200	$5,200
Financial District, New York, NY	$4,095	$5,400	$7,650	$5,238
NoLita, New York, NY	$4,300	$5,195	$6,595	$5,495
East Village, New York, NY	$4,175	$4,295	$6,295	$5,695
Battery Park City, New York, NY	$4,230	$5,500	$8,009	$5,824
Carroll Gardens, New York, NY	$3,209	$3,950	$6,000	$6,000
Lower East Side, New York, NY	$4,234	$4,495	$5,995	$6,295
Civic Center, New York, NY	$4,425	$5,867	$9,500	$6,300
Two Bridges, New York, NY	N/A	$5,200	$8,750	$6,498
SoHo, New York, NY	$6,850	$5,323	$13,000	$6,850
Tribeca, New York, NY	$6,000	$6,575	$8,395	$7,700
Little Italy, New York, NY	$3,700	$3,612	$5,125	$8,085

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 $3,298. 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 $2,050. Vice versa, with an average rent of $11,000, 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 10.34% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 21.87% more expensive than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 7.11% 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	$1,736	$1,600	$1,900	$2,100
Jersey City, NJ	$2,450	$2,800	$2,650	$2,600
Bayonne, NJ	$2,380	$2,499	$3,230	$2,670
Palisades Park, NJ	$1,650	$1,950	$2,550	$2,700
Cliffside Park, NJ	$1,750	$2,375	$3,300	$2,950
Fort Lee, NJ	$1,600	$2,725	$3,300	$3,300
Queens, New York, NY	$3,450	$3,585	$4,250	$3,696
Long Beach, NY	$2,225	$2,775	$3,660	$3,750
Brooklyn, New York, NY	$3,595	$4,033	$5,000	$4,200
Manhattan, New York, NY	$3,995	$5,135	$6,995	$5,495

Top Zipcodes Near Sheepshead Bay

There are a total of 49 zipcodes in or near Sheepshead Bay, New York, NY. The average rent for all of these zipcodes is $5,000. A total of 3 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 $3,200 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 $3,690. 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 $4,550 per month. Or in other words, $89 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,773 per month. Which comes out to $85 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	$1,925	$2,650	$3,600	$3,342
11226, New York, NY	$2,500	$3,128	$3,453	$3,200
11225, New York, NY	$3,225	$3,493	$4,584	$3,859
11215, New York, NY	$3,480	$3,995	$5,975	$4,500
11213, New York, NY	$3,250	$2,965	$3,225	$3,250
11207, New York, NY	$3,200	$3,500	$3,450	$3,500
11233, New York, NY	$2,500	$3,250	$3,250	$3,399
11238, New York, NY	$3,630	$4,195	$5,755	$4,380
11216, New York, NY	$3,250	$3,500	$4,350	$3,800
11217, New York, NY	$3,650	$4,550	$6,773	$4,618

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 $3,350. 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 $2,200. There are a total of 1 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 $3,165 and an average price per square feet of $65.88. There are a total of 12 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 $3,550 and an average price per square feet of $39.08. 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 -0.60%, one bedroom rental prices have changed by 0.31%, two bedroom rental prices have changed by 0.26%, three bedroom rental prices have changed by 0.44% 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 $2,680/month. You can search for these reasonably priced rental listings on RentHop.