Rentometer, Inc. | Data as of 10/22/2025
Located on the north‑shore of Long Island, Oyster Bay blends historic charm with modern convenience, making it a desirable destination for renters seeking a vibrant yet relaxed coastal lifestyle. The city’s waterfront promenades, boutique shopping districts, and cultural venues such as the Oyster Bay Historical Society offer plenty of leisure options, while easy access to the Long Island Rail Road and major highways keeps commuters connected to Manhattan and surrounding employment hubs.
The local rental market features a balanced mix of apartments and single‑family homes, catering to both young professionals and growing families. One‑bedroom apartments typically fall within the $2,700‑$3,000 range, while two‑bedroom units are often priced around $4,000‑$4,500. For renters who prefer a house, two‑bedroom homes generally sit in the $2,600‑$3,000 bracket, and spacious three‑bedroom residences are commonly listed in the $4,400‑$4,500 range. This diversity of housing options ensures that prospective tenants can find a space that matches their lifestyle and budget.
Neighborhoods such as Bayville and Centre Island are especially popular, known for their tree‑lined streets, well‑maintained parks, and proximity to top‑rated schools. Meanwhile, the vibrant downtown area near the waterfront offers an array of dining, entertainment, and fitness facilities that attract renters looking for an active, community‑focused environment. With its appealing blend of coastal scenery, convenient transportation, and a robust selection of rental choices, Oyster Bay remains a standout market for anyone seeking a high‑quality New York rental experience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,977 | $3,000 | $2,100 - $3,825 | $2,500 - $3,242 |
| Apartment | 2 Bedroom | $4,446 | $4,000 | $3,200 - $6,138 | $3,200 - $6,138 |
| House | 2 Bedroom | $2,500 | $2,800 | $850 - $3,200 | $2,700 - $2,950 |
| House | 3 Bedroom | $4,416 | $4,375 | $3,750 - $5,500 | $4,000 - $4,500 |
In the current period, the average rent in Oyster Bay was
$2,977 for 1 Bedroom,
$3,230 for 2 Bedroom, and
$3,819 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.