Average Rent in Shelter Island, NY and Rent Price Trends

Rent trends in Shelter Island, NY

Average rent prices in Shelter Island have remained the same over the last month and have increased by 14% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Shelter Island, NY

Rent prices in Shelter Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shelter Island is $5,917, whereas a house costs $21,500. 1-bedroom apartments in Shelter Island run $30,000 on average, while 2-bedroom apartments are $5,917.


1 bedroom	$18,750	-	-
2 bedroom	$29,990	No Change	-
3 bedroom	$30,000	6%	14%
4 bedroom	$53,750	No Change	44%


Apartments	$5,917	2%	-
Condos	$64,999	-	No Change
Houses	$21,500	4%	No Change

1 bedroom

Average rent

$18,750

2 bedroom

Average rent

$29,990

3 bedroom

Average rent

$30,000

Last 30 days

Last year

14%

4 bedroom

Average rent

$53,750

Last 30 days

No Change

Last year

44%

The table above reflects average rent prices in Shelter Island, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Shelter Island, NY compare to other cities?

Compare median rent prices in Shelter Island and Amagansett by all bedroom counts and property types.

Shelter Island

Median rent price$40,000

2005%

higher than the national median

Median rent price$35,000

1742%

higher than the national median

Takeaway

The median rent for all rentals in Shelter Island, NY is 14% higher than the median rent in Amagansett, NY.

Average rent in nearby cities

Explore rent trends in neighboring markets

$35,000

$62,142

$13,000

$10,000

$2,725

$5,000

$35,000

$10,000

$45,000

$12,500

$40,000

$60,000

Discover rentals in Shelter Island, NY

5d+ ago

House for rent in Shelter Island

Residential Lease, Shelter Island, NY

4 Glynn Dr, Shelter Island, NY 11964

4 beds

3 baths

$12,000

5d+ ago

House for rent in Shelter Island

Residential, Shelter Island, NY

27 Brander Pkwy, Shelter Island, NY 11964

4 beds

3 baths

$16,000

5d+ ago

Townhouse for rent in Shelter Island

9 Johnston Road, Shelter Island, NY 11964

4 beds

2 baths

$20,000

5d+ ago

House for rent in Shelter Island

Residential Lease, Shelter Island, NY

9 Locust Woods Dr, Shelter Island, NY 11964

4 beds

3.5 baths

$21,500

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Shelter Island, NY

Quick answers to common questions about the Shelter Island rental market.

How much is rent in Shelter Island?

The average rent in Shelter Island is $40,000 per month as of September 19, 2026.

Is rent up or down in Shelter Island?

Average rent prices in Shelter Island have remained the same over the last month and have increased by 14% since last year.

How does Shelter Island rent compare to the national average?

Rent in Shelter Island is 2005% above the national average, which means renters are paying approximately $38,100 more per month.

What salary do I need to afford rent in Shelter Island?

To comfortably afford rent in Shelter Island, you'd need to earn approximately $1,600,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).