• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
English

Language

English Español
Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Lake Grove, NY

Updated July 2026

The average rent in Lake Grove, NY is $2,657/month.

Rent in Lake Grove is 60% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,657/month

Average Rent

728 Sq Ft

Average Size

+0.8%

Change / Year

43

Available Apartments

Lake Grove rent varies by unit size and layout:

  • Studio apartments in Lake Grove average $2,245 per month.
  • One-bedroom apartments in Lake Grove average $2,657 per month.
  • Two-bedroom apartments in Lake Grove average $3,290 per month.
  • Three-bedroom apartments in Lake Grove average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,245/month
462 Sq Ft
One Bedroom
$2,657/month
728 Sq Ft
Two Bedroom
$3,290/month
977 Sq Ft
View Lake Grove Apartments

How much has average rent changed in Lake Grove, NY?

In the past year, rent has increased by 0.8%, which averages out to $23 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lake Grove, NY

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lake Grove, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

What salary do I need to live comfortably in Lake Grove, NY?

Because the average rent in Lake Grove is $2,657, you’ll want to make about $8,856 per month or $106,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lake Grove, NY

43 Available Apartments for Rent

Search for Nearby Apartments

How does Lake Grove, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake Grove, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Lake Grove Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Centereach

    Centereach

Apartment Communities in Lake Grove We Think You'll Love

Fairfield Courtyard at Lake Grove

Fairfield Courtyard at Lake Grove

9 Williams Blvd,
Lake Grove, NY 11755

1-2 Beds | $2,610 - $3,385

Fairfield At Lake Grove

Fairfield At Lake Grove

184 Hallock Rd,
Lake Grove, NY 11755

Studio - 2 Beds | $2,245 - $3,115

Setauket Knolls Garden Apartments

Setauket Knolls Garden Apartments

41 Emily Dr,
South Setauket, NY 11720

1 Bed | $2,400 - $2,500

103 Sunflower Ridge Rd

103 Sunflower Ridge Rd

103 Sunflower Ridge Rd,
Centereach, NY 11720

3 Beds | $5,000

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Manage Your Rentals

Guides for Managing Your Rental

Five Things to Know About Buying Multiple Rental Properties

Grow beyond one rental with smarter financing habits.

Rental Property Expenses You Should Plan For

Plan for rental costs that sneak up on profits.

How to Optimize Your Rental Listing and Get Better Leads

Upgrade your listing to attract better tenants.

3 Ways to Choose Your Next Rental Location

Pick a profitable rental location with fewer regrets.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Lake Grove?

The average rent in Lake Grove is $2,657 per month, which is 59.8% higher than the national average of $1,663.

Are rents going up or down in Lake Grove?

Rents in Lake Grove, NY are increasing, with prices up 0.8% year-over-year and $23 more per month.

What rent range is most common in Lake Grove?

In Lake Grove, NY, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New York Lake Grove Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity