Bedroom count

Property type

Last updated on March 12, 2026

Average rent in
Water Mill, NY

Last updated on March 12, 2026

Last updated on March 12, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Water Mill, NY is $20,000. This is +953%, or $18,100, higher than the national average.

$7.68

average price per square foot

Median rent

$20,000

decreased by61%
over the previous yearvs previous year

Total rentals

16

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Water Mill, NY is $20,000. This is +953%, or $18,100, higher than the national average.

$7.68

average price per square foot

Rent ranges

9%
9%
82%
$1,501-$3,000$1,501 - $3,000
$4,501-$6,000$4,501 - $6,000
$6,001-$50,000$6,001 - $50,000

Households

94%
6%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Water Mill, NY

Rent price trends

Rent prices for all bedroom counts and property types in Water Mill, NY have remained the same in the last month and have decreased by 61% in the last year.

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

Rent comparables in
Water Mill, NY

The monthly rent for an apartment in Water Mill, NY is $12,000. A 1-bedroom apartment in Water Mill, NY costs about $2,700 on average. Houses for rent in Water Mill, NY are more expensive, with an average monthly cost of $17,750.

Comparables

1 bedroom

$2,700

-

-

2 bedroom

$8,000

No Change

-

3 bedroom

$35,000

No Change

37%

4 bedroom

$20,000

No Change

41%

Studio

$12,000

-

No Change

Studio

Average rent

$12,000

1 bedroom

Average rent

$2,700

2 bedroom

Average rent

$8,000

3 bedroom

Average rent

$35,000

Last year

37%

4 bedroom

Average rent

$20,000

Last year

41%

The table above reflects average rent prices in Water Mill, 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.

Compare rent prices in Water Mill, NY to other cities

Median rent prices in Water Mill, NY for all bedroom counts and property types compared to East Hampton, NY.

Water Mill

Median rent price$20,000
increased by953%

higher than the national median

Median rent price$50,000
increased by2532%

higher than the national median

Takeaway

The median rent for all rentals in Water Mill, NY is 60% lower than the median rent in East Hampton, NY.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

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$35,000

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$7,000

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Hampton Bays

$10,000

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Mattituck

$14,000

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Remsenburg Speonk

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$32,500

decreased by26%

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$33,500

decreased by13%

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$9,000

decreased by5%

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Westhampton Beach

$27,000

decreased by21%

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$30,000

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Apartments for rent in Amagansett

Discover rentals in Water Mill, NY

809 Edge Of Woods Rd - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

House for rent

8 Magnolia Dr #2A - Photo 1 of 1
New construction

5d+ ago

Townhouse for rent in Water Mill

Townhouse, Post Modern - Water Mill, NY

8 Magnolia Dr #2A, Water Mill, NY 11976

4 beds

4 baths

$17,500

House for rent