Average Rent in Sheepshead Bay, New York, NY

Current Versus Historical Sheepshead Bay, New York, NY Rents

Sheepshead Bay rentals average $2,084 for a studio rental to $3,600 for a 3-bedroom rental. The median price of all currently available listings is $2,850, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $276 (14.34%) year-over-year from $1,924 to $2,200. 1-bedroom rentals prices have increased by $203 (9.24%) year-over-year from $2,193 to $2,395. 2-bedroom rentals prices have increased by $22 (0.78%) year-over-year from $2,778 to $2,800. 3-bedroom rentals prices have increased by $818 (30.52%) year-over-year from $2,682 to $3,500. 4-bedroom rentals prices have decreased by $1,905 (-34.64%) year-over-year from $5,500 to $3,595. 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 3.23% this month. 1-bedroom rents have gone up by 4.28% this month. 2-bedroom rents have gone up by 0.06% this month. 3-bedroom rents have gone up by 5.79% this month. 4-bedroom rents have gone up by 3.80% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.25	$2,200	$1,924 (14.34%)	$1,528 (44.03%)
1 BR	$3.69	$2,395	$2,193 (9.24%)	$1,698 (41.02%)
2 BR	$1,348.86	$2,800	$2,778 (0.78%)	$2,150 (30.23%)
3 BR	$2.64	$3,500	$2,682 (30.52%)	$2,365 (47.99%)

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 33 cities nearby Sheepshead Bay. The average rent in Sheepshead Bay is currently $3,500 per month. A total of 8 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, 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 $16,000 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 18.41% more expensive than other cities nearby. One bedrooms are about 10.29% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 11.02% more affordable. Finally, rent for three bedrooms are about 25.00% more affordable. Want more information? Check out the top 10 cities out of 33 total cities near Sheepshead Bay, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Elizabeth, NJ	N/A	$1,700	$2,000	$2,300
Newark, NJ	$2,000	$1,900	$2,100	$2,300
Bayonne, NJ	$2,275	$2,047	$2,500	$2,400
West New York, NJ	$1,850	$2,575	$2,850	$2,733
Jersey City, NJ	$2,826	$2,700	$2,650	$2,800
Union City, NJ	$1,900	$2,300	$2,800	$2,800
Cliffside Park, NJ	N/A	$2,100	$3,375	$3,300
Hoboken, NJ	$3,156	$3,200	$3,950	$3,600
Long Beach, NY	$2,000	$2,600	$4,875	$4,175
New York, NY	$3,500	$4,200	$5,119	$4,395

Top Neighborhoods Near Sheepshead Bay

There are a total of 52 neighborhoods in or near Sheepshead Bay. Some of these neighborhoods include East Flatbush, Forest Hills, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Sheepshead Bay, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Sheepshead Bay, New York, NY is currently around $4,435 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only twenty-six neighborhoods have a higher average rent than $4,435. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $2,850. Out of all the neighborhoods in or near Sheepshead Bay, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Sheepshead Bay. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Flatbush, New York, NY	$3,050	$2,273	$2,875	$2,875
Forest Hills, New York, NY	$2,650	$2,400	$3,500	$3,220
Bedford-Stuyvesant, New York, NY	$2,350	$2,850	$3,200	$3,310
Flatbush, New York, NY	$2,800	$3,028	$3,478	$3,313
Ridgewood, New York, NY	N/A	$2,696	$3,000	$3,400
Bushwick, New York, NY	$2,650	$2,850	$3,400	$3,500
Crown Heights, New York, NY	$2,800	$2,800	$3,718	$3,599
The Waterfront, Jersey City, NJ	$3,026	$3,479	$5,004	$3,617
Clinton Hill, New York, NY	$3,152	$3,600	$6,084	$3,935
Bowery, New York, NY	$2,870	$3,995	$4,253	$3,995
Downtown Brooklyn, New York, NY	$3,400	$4,255	$5,995	$4,264
Prospect Heights, New York, NY	$3,625	$4,395	$5,966	$4,295
Financial District, New York, NY	$3,530	$4,543	$6,495	$4,375
NoLita, New York, NY	$3,595	$4,495	$5,050	$4,495
East Village, New York, NY	$2,700	$3,695	$4,495	$4,595
Murray Hill, New York, NY	$3,510	$4,200	$6,400	$4,600
Williamsburg, New York, NY	$3,745	$4,503	$4,650	$4,750
Greenwich Village, New York, NY	$3,775	$4,800	$5,075	$4,800
West Village, New York, NY	$4,500	$4,773	$6,595	$4,800
Kips Bay, New York, NY	$3,793	$4,075	$5,395	$4,995
Little Italy, New York, NY	$3,900	$5,000	$5,500	$5,000
Lower East Side, New York, NY	$3,300	$3,495	$4,495	$5,057
Flatiron District, New York, NY	$4,050	$5,900	$8,642	$5,073
Greenpoint, New York, NY	$3,483	$4,400	$5,550	$5,200
Battery Park City, New York, NY	$3,705	$4,539	$6,750	$5,302
NoMad, New York, NY	$4,444	$5,591	$8,404	$5,663
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,093	$6,075	$5,664
Gramercy Park, New York, NY	$3,815	$5,118	$5,315	$6,395
SoHo, New York, NY	$4,550	$4,195	$13,500	$6,845
Tribeca, New York, NY	$4,250	$5,848	$7,295	$6,895

Top Counties Near Sheepshead Bay

There are a total of 52 counties located by Sheepshead Bay, New York, NY. Some of these counties include Elizabeth, NJ, Newark, NJ, and Bayonne, NJ. The average rent for rentals in these counties is $3,613. That's roughly around $3 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Sheepshead Bay, New York, NY.

Typically, rent for studios in Sheepshead Bay, New York, NY is 11.24% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 2.60% more expensive than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 10.00% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Elizabeth, NJ	N/A	$1,700	$2,000	$2,300
Newark, NJ	$2,000	$1,900	$2,100	$2,300
Bayonne, NJ	$2,275	$2,047	$2,500	$2,400
West New York, NJ	$1,850	$2,575	$2,850	$2,733
Jersey City, NJ	$2,826	$2,700	$2,650	$2,800
North Bergen, NJ	$2,149	$2,100	$2,875	$2,800
Queens, New York, NY	$3,000	$2,585	$3,200	$3,200
Hoboken, NJ	$3,156	$3,200	$3,950	$3,600
Brooklyn, New York, NY	$3,475	$3,896	$4,000	$3,908
Manhattan, New York, NY	$3,550	$4,365	$5,600	$4,595

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 $4,482.

The following chart 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
11226, New York, NY	$2,800	$3,200	$3,550	$3,320
11238, New York, NY	$3,517	$4,000	$5,800	$3,988
11216, New York, NY	$2,330	$2,935	$3,750	$3,667
11217, New York, NY	$3,595	$4,428	$6,100	$4,315
11221, New York, NY	$2,650	$2,850	$2,920	$3,300
11201, New York, NY	$3,425	$4,255	$5,950	$4,411
11206, New York, NY	$3,300	$3,100	$4,200	$4,415
10004, New York, NY	$3,690	$4,431	$6,786	$4,247
11237, New York, NY	$3,000	$2,995	$3,500	$3,600
11211, New York, NY	$3,800	$4,650	$5,200	$4,897

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 $2,850. 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 $2,084 and an average price per square feet of $2.25. There are a total of 10 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 $2,600 and an average price per square feet of $3.69. There are a total of 5 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 $2,950 and an average price per square feet of $1,348.86. There are a total of 10 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 0.14%, one bedroom rental prices have changed by 0.09%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.31% 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 $2,280/month. You can search for these reasonably priced rental listings on RentHop.