Average Rent in Sheepshead Bay, New York, NY

Current Versus Historical Sheepshead Bay, New York, NY Rents

Sheepshead Bay rentals average $2,200 for a studio rental to $3,600 for a 3-bedroom rental. The median price of all currently available listings is $2,842, or roughly $3 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $303 (15.73%) year-over-year from $1,923 to $2,225. 1-bedroom rentals prices have decreased by $6 (-0.27%) year-over-year from $2,231 to $2,225. 2-bedroom rentals prices have decreased by $72 (-2.50%) year-over-year from $2,867 to $2,795. 3-bedroom rentals prices have increased by $669 (23.64%) year-over-year from $2,831 to $3,500. 4-bedroom rentals prices have decreased by $1,588 (-30.64%) year-over-year from $5,183 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 3.49% this month. 1-bedroom rents have gone up by 2.38% this month. 2-bedroom rents have gone down by 2.44% this month. 3-bedroom rents have gone up by 9.09% this month. 4-bedroom rents have gone up by 2.76% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.25	$2,225	$1,923 (15.73%)	$1,508 (47.60%)
1 BR	$3.62	$2,225	$2,231 (-0.27%)	$1,717 (29.61%)
2 BR	$1,349.11	$2,795	$2,867 (-2.50%)	$2,200 (27.05%)
3 BR	$2.64	$3,500	$2,831 (23.64%)	$2,373 (47.47%)

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 34 cities nearby Sheepshead Bay. The average rent in Sheepshead Bay is currently $3,075 per month. A total of 11 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 $15,000 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 22.44% more expensive than other cities nearby. One bedrooms are about 3.50% more expensive. Two bedrooms in Sheepshead Bay, New York, NY are about 0.25% more expensive. Finally, rent for three bedrooms are about 19.44% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near Sheepshead Bay, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,100	$2,074	$2,100	$2,300
Elizabeth, NJ	$1,861	$1,750	$2,300	$2,400
Bayonne, NJ	$2,325	$2,057	$2,422	$2,400
West New York, NJ	N/A	$2,525	$2,850	$2,698
Jersey City, NJ	$2,815	$2,650	$2,650	$2,700
Union City, NJ	$1,900	$2,300	$2,800	$2,800
Cliffside Park, NJ	N/A	$2,150	$3,100	$3,000
Hoboken, NJ	$3,026	$3,199	$4,250	$3,700
Long Beach, NY	$2,100	$2,600	$4,400	$4,100
New York, NY	$3,525	$4,200	$5,150	$4,395

Top Neighborhoods Near Sheepshead Bay

There are a total of 55 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 55 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 $4,307 per month. A total of 4 neighborhoods have a lower average rent. Meaning, only twenty-six neighborhoods have a higher average rent than $4,307. Interestingly, the neighborhoods' average rent is higher than Sheepshead Bay's average rent, which is only $2,842. Out of all the neighborhoods in or near Sheepshead Bay, East Side has the most affordable average rent at $1,900 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
Bay Ridge, New York, NY	$4,200	$2,398	$2,650	$2,725
East Flatbush, New York, NY	$2,837	$2,650	$2,900	$2,900
Flatbush, New York, NY	$2,800	$2,789	$3,150	$3,261
Ridgewood, New York, NY	$1,450	$2,659	$3,204	$3,300
Bedford-Stuyvesant, New York, NY	$2,375	$2,850	$3,000	$3,300
Bushwick, New York, NY	$2,650	$2,799	$3,500	$3,450
Crown Heights, New York, NY	$2,800	$2,800	$3,675	$3,500
Clinton Hill, New York, NY	$3,101	$3,500	$5,987	$3,600
The Waterfront, Jersey City, NJ	$3,033	$3,508	$5,045	$3,616
Bowery, New York, NY	$2,870	$3,995	$3,999	$3,995
Brooklyn Heights, New York, NY	$3,750	$4,109	$5,900	$3,995
Fort Greene, New York, NY	$3,475	$4,750	$6,309	$4,150
Downtown Brooklyn, New York, NY	$3,380	$4,185	$5,765	$4,185
Prospect Heights, New York, NY	$3,598	$4,405	$6,100	$4,300
Financial District, New York, NY	$3,494	$4,500	$6,388	$4,307
NoLita, New York, NY	$3,545	$4,495	$4,895	$4,495
East Village, New York, NY	$2,775	$3,625	$4,495	$4,500
Williamsburg, New York, NY	$3,609	$4,506	$4,650	$4,650
West Village, New York, NY	$4,750	$4,750	$6,495	$4,795
Greenwich Village, New York, NY	$4,150	$4,800	$5,075	$4,800
Little Italy, New York, NY	$3,900	$5,000	$5,500	$4,950
Kips Bay, New York, NY	$3,785	$4,150	$5,340	$4,950
Greenpoint, New York, NY	$3,495	$4,308	$6,025	$5,000
NoHo, New York, NY	$3,850	$5,000	$7,750	$5,000
Battery Park City, New York, NY	$3,550	$4,539	$6,300	$5,152
Lower East Side, New York, NY	$3,695	$3,495	$4,498	$5,195
SoHo, New York, NY	$2,995	$3,950	$14,250	$5,300
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,067	$6,075	$5,848
Gramercy Park, New York, NY	$3,815	$5,195	$5,295	$6,039
Tribeca, New York, NY	$4,250	$5,975	$7,295	$6,895

Top Counties Near Sheepshead Bay

There are a total of 55 counties located by Sheepshead Bay, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and Elizabeth, NJ. The average rent for rentals in these counties is $3,643. That's roughly around $3 per sqft. A total of 11 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 $15,000, Westport, CT is the most expensive county by Sheepshead Bay, New York, NY.

Typically, rent for studios in Sheepshead Bay, New York, NY is 12.73% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sheepshead Bay, New York, NY is 2.30% more affordable than other counties nearby. Finally, rent for two bedrooms in Sheepshead Bay, New York, NY is 2.08% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,100	$2,074	$2,100	$2,300
Bayonne, NJ	$2,325	$2,057	$2,422	$2,400
Elizabeth, NJ	$1,861	$1,750	$2,300	$2,400
West New York, NJ	N/A	$2,525	$2,850	$2,698
Jersey City, NJ	$2,815	$2,650	$2,650	$2,700
North Bergen, NJ	$2,149	$2,125	$2,850	$2,850
Queens, New York, NY	$2,970	$2,696	$3,229	$3,200
Hoboken, NJ	$3,026	$3,199	$4,250	$3,700
Brooklyn, New York, NY	$3,492	$3,995	$4,000	$3,899
Manhattan, New York, NY	$3,595	$4,380	$5,550	$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 $4,463.

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	$2,778	$3,150	$3,138	$3,193
11238, New York, NY	$3,445	$4,087	$5,966	$4,079
11216, New York, NY	$2,250	$2,940	$3,400	$3,400
11217, New York, NY	$3,550	$4,450	$6,309	$4,315
11221, New York, NY	$2,650	$2,850	$3,000	$3,300
11201, New York, NY	$3,425	$4,208	$5,900	$4,250
11206, New York, NY	$2,835	$3,000	$4,300	$4,432
10004, New York, NY	$3,500	$4,462	$6,821	$4,271
11237, New York, NY	N/A	$2,750	$3,500	$3,625
11211, New York, NY	$3,607	$4,650	$5,000	$4,800

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 $2,842. 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 and an average price per square feet of $2.25. There are a total of 9 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 $2,395 and an average price per square feet of $3.62. There are a total of 11 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 $3,000 and an average price per square feet of $1,349.11. There are a total of 9 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 0.16%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.24% 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 $2,274/month. You can search for these reasonably priced rental listings on RentHop.