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Rental Market Trends in Oyster Bay, NY

What is the average rent in Oyster Bay, NY?

$2,841/month

Average Rent

440 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of June 2025, the average rent in Oyster Bay, NY is $2,841 per month. This is 75% higher than the national average rent price of $1,627/month, making Oyster Bay one of the most expensive cities in the US. When you rent an apartment in Oyster Bay, you can expect to pay about per month for a studio, $2,841 for a one-bedroom apartment, and around $1,904 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,841/month
440 Sq Ft
Two Bedroom
$1,904/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$23,200/month
3,414 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Oyster Bay, NY?

In the past year, rent has increased by 1.2%, which averages out to $35 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Oyster Bay, NY
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Oyster Bay, 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

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oyster Bay?

Based on current rent prices, Oyster Bay Pines is the most affordable neighborhood in Oyster Bay.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oyster Bay Pines
$3,925/month
943 Sq Ft

What are the most expensive neighborhoods in Oyster Bay?

Based on current rent prices, Oyster Bay Pines is the most expensive neighborhood in Oyster Bay.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oyster Bay Pines
$3,925/month
943 Sq Ft

Which Oyster Bay neighborhoods have the most rentals available?

The neighborhood in Oyster Bay with the most apartments available is Oyster Bay Pines .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oyster Bay Pines
$3,925/month
943 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Oyster Bay, NY?

Because the average rent in Oyster Bay is $2,841, you’ll want to make about $9,470 per month or $113,640 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

Oyster Bay, NY

38 Available Apartments for Rent

Search for Nearby Apartments

How does Oyster Bay, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Oyster Bay, 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.

Explore the Area Guide for Oyster Bay, NY

Apartment Averages

Oyster Bay Pines

Oyster Bay, NY

Oyster Bay Pines

Oyster Bay, NY

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Apartment communities in Oyster Bay we think you'll love

Heritage Oyster Bay

Heritage Oyster Bay

600 Pine Hollow Rd,
East Norwich, NY 11732

1-2 Beds | $3,100 - $5,645

25 Park Ave

25 Park Ave

25 Park Ave,
Oyster Bay, NY 11771

2 Beds | $2,900

25 Park Ave

25 Park Ave

25 Park Ave,
Oyster Bay, NY 11771

2 Beds | $2,900

507 Centre Island Rd

507 Centre Island Rd

507 Centre Island Rd,
Oyster Bay, NY 11771

2 Beds | $8,500

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United States New York Oyster Bay 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity