Oyster Bay source photograph

Living here

Average rent in Oyster Bay

What renters actually pay, by number of bedrooms, and how Oyster Bay compares with New York and the US.

Median rent

$2,300/mo

71% above US

1 bedroom

$2,455/mo

108% above US

2 bedrooms

$2,243/mo

68% above US

Renters paying 30%+ of income

68%

US 50%

Renter households

1,351

Rent by number of bedrooms

1 bedroom$2,455a month108% above USIncome needed: $98,200/yr
2 bedrooms$2,243a month68% above USIncome needed: $89,720/yr
3 bedrooms$2,845a month90% above USIncome needed: $113,800/yr

Median gross rent (contract rent plus utilities) for occupied rental units, by bedrooms. Income needed uses the 30% rule.

How Oyster Bay compares

1 bedroom: median rent
  • Oyster Bay$2,455
  • New York$1,497
  • United States$1,180
2 bedrooms: median rent
  • Oyster Bay$2,243
  • New York$1,574
  • United States$1,338
3 bedrooms: median rent
  • Oyster Bay$2,845
  • New York$1,767
  • United States$1,500

Two-bedroom rent in nearby cities

Median 2-bedroom rent
Renters paying 30%+ of income

Nearby cities are other Local City Network guides in New York, nearest first.

What rent can you afford?

$

At 30% of income you can spend about $2,243 a month.

  • 1 bedroom $2,455
  • 2 bedrooms $2,243
  • 3 bedrooms $2,845

Green means the median Oyster Bay rent for that size fits your budget. Landlords often ask for income of 2.5–3× the monthly rent.

How stretched are renters?

68% of Oyster Bay renters spend 30% or more of their income on rent, and 35% spend half or more. The typical renter household puts 33.5% of its income toward rent (US: 50% and 25%).

Rent by zip code

Median gross rent for each ZIP Code Tabulation Area that overlaps Oyster Bay.

HUD fair market rents

Studio$1,964
1 bedroom$2,285
2 bedrooms$2,689
3 bedrooms$3,458
4 bedrooms$3,671

HUD’s 2027 fair market rents for Nassau-Suffolk, NY HUD Metro FMR Area are the payment benchmarks for housing vouchers (about the 40th percentile of recent movers’ rents), so they often differ from the medians above.

More on living in Oyster Bay

Neighborhoods of Oyster Bay

Glenwood Landing School, Oyster Bay
Glenwood Landing Schoolantony-22 · CC BY-SA 3.0
An Autumn Afternoon in Marjorie Post Park-Letterboxing, Oyster Bay
An Autumn Afternoon in Marjorie Post Park-LetterboxingSavidgeMichael · CC BY 4.0
Massapequa Lake 2021b, Oyster Bay
Massapequa Lake 2021bAntony-22 · CC BY-SA 4.0

Questions

What is the average rent in Oyster Bay?

The median gross rent (rent plus utilities) is $2,300 a month, 46% above the New York median and 71% above the national median.

How much is a one-bedroom apartment in Oyster Bay?

The median one-bedroom rents for $2,455 a month (US: $1,180).

How much is a two-bedroom in Oyster Bay?

The median two-bedroom rents for $2,243 a month (US: $1,338).

How much do you need to make to rent in Oyster Bay?

Using the common 30% rule, a median two-bedroom ($2,243) takes a household income of about $89,720 a year, and a one-bedroom about $98,200.

Is rent affordable in Oyster Bay?

About 68% of Oyster Bay renters spend 30% or more of their income on rent, and 35% spend at least half (US: 50% and 25%).

Source: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates (tables B25031, B25070 and B25071). Estimates have margins of error; figures are in 2023 dollars.

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