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 $2,541 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $3,153, or roughly $49 per square feet.

For the apartment units and housing in October 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $1,953 (-43.45%) year-over-year from $4,494 to $2,541. 1-bedroom rentals prices have decreased by $250 (-7.70%) year-over-year from $3,245 to $2,995. 2-bedroom rentals prices have decreased by $257 (-6.84%) year-over-year from $3,757 to $3,500. 3-bedroom rentals prices have decreased by $229 (-6.31%) year-over-year from $3,626 to $3,398. 4-bedroom rentals prices have decreased by $779 (-17.78%) year-over-year from $4,379 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 9.00% this month. 1-bedroom rents have gone up by 14.57% this month. 2-bedroom rents have gone down by 12.66% this month. 3-bedroom rents have gone down by 6.47% this month. 4-bedroom rents have gone down by 23.66% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$72.55	$2,541	$4,494 (-43.45%)	$1,900 (33.74%)
1 BR	$54.22	$2,995	$3,245 (-7.70%)	$2,282 (31.26%)
2 BR	$44.92	$3,500	$3,757 (-6.84%)	$2,873 (21.82%)
3 BR	$35.95	$3,398	$3,626 (-6.31%)	$3,300 (2.95%)
4+ BR	$30.53	$3,600	$4,379 (-17.78%)	$3,967 (-9.24%)

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 37 cities nearby Sheepshead Bay. The average rent in Sheepshead Bay is currently $3,200 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 17.04% more expensive than other cities nearby. One bedrooms are about 7.06% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 7.69% more expensive. Finally, rent for three bedrooms are about 3.02% more affordable. Want more information? Check out the top 10 cities out of 37 total cities near Sheepshead Bay, New York, NY in the following table.

City	Studio	1 Bed	2 Bed	All
Kearny, NJ	$25	$1,773	$2,200	$2,175
Newark, NJ	$2,145	$1,750	$2,150	$2,300
Keansburg, NJ	N/A	$2,000	$2,400	$2,600
Bayonne, NJ	$2,250	$2,569	$3,387	$2,625
Harrison, NJ	$2,527	$2,899	$3,510	$2,666
Cliffside Park, NJ	$1,800	$2,000	$2,800	$3,000
Long Beach, NY	$2,250	$2,725	$3,350	$3,498
Edgewater, NJ	$2,683	$2,825	$4,178	$3,800
Jersey City, NJ	$3,931	$5,036	$6,619	$4,691
New York, NY	$3,900	$4,775	$6,300	$4,895

Top Neighborhoods Near Sheepshead Bay

There are a total of 79 neighborhoods in or near Sheepshead Bay. Some of these neighborhoods include Bay Ridge, East Flatbush, and East New York. We've included the top 30 neighborhoods out of 79 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 $4,600 per month. A total of 13 neighborhoods have a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $4,600. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $3,153. Out of all the neighborhoods in or near Sheepshead Bay, East Side has the most affordable average rent at $1,880 per month. Whereas, at $8,448 average rent per month, Bowery 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	$2,325	$2,448	$3,200	$2,800
East Flatbush, New York, NY	$8,000	$2,654	$2,900	$3,000
East New York, New York, NY	$3,000	$2,725	$2,850	$3,100
Flatbush, New York, NY	$3,239	$3,250	$3,875	$3,289
Greenwood Heights, New York, NY	$2,805	$3,420	$4,156	$3,500
Ocean Hill, New York, NY	$2,100	$2,750	$3,100	$3,575
Bedford-Stuyvesant, New York, NY	$3,250	$3,400	$4,050	$3,600
Crown Heights, New York, NY	$3,152	$3,490	$4,699	$3,770
Bushwick, New York, NY	$3,200	$3,275	$3,895	$3,899
Ridgewood, New York, NY	$2,951	$3,471	$3,945	$3,945
Windsor Terrace, New York, NY	$2,822	$3,525	$4,585	$4,178
Clinton Hill, New York, NY	$3,550	$4,195	$5,862	$4,398
Gowanus, New York, NY	$3,395	$4,150	$6,750	$4,430
Downtown Brooklyn, New York, NY	$3,625	$4,459	$6,250	$4,592
Fort Greene, New York, NY	$3,600	$4,575	$6,879	$4,600
Prospect Heights, New York, NY	$3,593	$4,495	$5,936	$4,600
Boerum Hill, New York, NY	$3,425	$4,350	$5,825	$4,793
Williamsburg, New York, NY	$4,021	$4,935	$5,575	$4,917
Financial District, New York, NY	$4,220	$5,345	$6,897	$5,010
Lower East Side, New York, NY	$4,508	$4,495	$7,470	$5,312
Brooklyn Heights, New York, NY	$4,050	$5,000	$6,500	$5,313
Two Bridges, New York, NY	N/A	$5,295	$8,750	$5,495
Park Slope, New York, NY	$3,900	$4,300	$6,050	$5,600
Civic Center, New York, NY	$5,450	$5,350	$8,795	$5,700
Battery Park City, New York, NY	$4,257	$5,440	$7,440	$5,750
Carroll Gardens, New York, NY	$3,000	$4,150	$6,000	$5,925
DUMBO, New York, NY	$4,039	$5,300	$7,819	$5,931
Little Italy, New York, NY	$4,100	$3,800	$4,350	$7,495
NoLita, New York, NY	$2,100	$4,995	$7,895	$7,895
Bowery, New York, NY	$3,300	$3,999	$8,895	$8,448

Top Counties Near Sheepshead Bay

There are a total of 46 counties located by Sheepshead Bay, New York, NY. Some of these counties include Kearny, NJ, Newark, NJ, and Keansburg, NJ. The average rent for rentals in these counties is $3,300. That's roughly around $38 per sqft. A total of 17 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 $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 12.14% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 11.67% more expensive than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 5.99% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Kearny, NJ	$25	$1,773	$2,200	$2,175
Newark, NJ	$2,145	$1,750	$2,150	$2,300
Keansburg, NJ	N/A	$2,000	$2,400	$2,600
Bayonne, NJ	$2,250	$2,569	$3,387	$2,625
Cliffside Park, NJ	$1,800	$2,000	$2,800	$3,000
Long Beach, NY	$2,250	$2,725	$3,350	$3,498
Queens, New York, NY	$3,500	$3,745	$4,500	$3,834
Brooklyn, New York, NY	$3,525	$4,200	$5,250	$4,266
Jersey City, NJ	$3,931	$5,036	$6,619	$4,691
Manhattan, New York, NY	$4,050	$5,250	$7,130	$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 $4,952. One zipcode has 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 $3,100 per month. In comparison, the zipcode with the most expensive average rent of $8,800 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $3,808. That's at least $94 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 $4,821 per month. Or in other words, $91 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,563 per month. Which comes out to $88 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	$2,253	$2,778	$3,850	$3,763
11210, New York, NY	$2,650	$2,841	$3,175	$3,100
11226, New York, NY	$3,250	$3,250	$4,073	$3,300
11225, New York, NY	$3,000	$3,490	$4,675	$3,735
11215, New York, NY	$3,475	$4,200	$5,800	$4,900
11213, New York, NY	$3,195	$2,995	$3,748	$3,325
11207, New York, NY	$2,786	$2,750	$3,350	$3,300
11233, New York, NY	$2,500	$2,838	$3,450	$3,495
11238, New York, NY	$3,575	$4,195	$5,800	$4,500
11216, New York, NY	$3,250	$3,448	$4,625	$3,600

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 $3,153. 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 $2,541 and an average price per square feet of $72.55. There are a total of 7 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 $2,898 and an average price per square feet of $54.22. There are a total of 10 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 $3,500 and an average price per square feet of $44.92. There are a total of 22 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 -0.43%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.07%, three bedroom rental prices have changed by -0.06% 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 $2,522/month. You can search for these reasonably priced rental listings on RentHop.