Bedroom count
Property type
Last updated on October 26, 2026
Last updated on October 26, 2026
Bedroom count
Property type
Median rent in Water Mill
$64,999/mo
vs previous year
The average rent in Water Mill is $64,999 per month as of October 2026. This is 3321% above the national average rent, or $63,099 more per month.
average price per square foot
Available rentals in Water Mill
16
for rent on Zumper.com as of October 2026
Share of Water Mill rentals at each price point
Average rent prices in Water Mill have decreased by 8% over the last month and have increased by 373% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Water Mill vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Water Mill is $4,800, whereas a house costs $64,999. 2-bedroom apartments in Water Mill run $3,600 on average.
Listings | ||||
|---|---|---|---|---|
Studio | $7,225 | No Change | - | |
2 bedroom | $13,500 | No Change | 61% | |
3 bedroom | $32,673 | No Change | 227% | |
4 bedroom | $71,785 | 8% | 310% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Water Mill, NY.
Listings | ||||
|---|---|---|---|---|
Apartments | $4,800 | - | - | |
Condos | $57,000 | - | - | |
Houses | $64,999 | 8% | 373% |
Studio
Average rent
$7,225
2 bedroom
Average rent
$13,500
Last year
61%
3 bedroom
Average rent
$32,673
Last year
227%
4 bedroom
Average rent
$71,785
Last 30 days
8%
Last year
310%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Water Mill, NY.
Apartments
Average rent
$4,800
Condos
Average rent
$57,000
Houses
Average rent
$64,999
Last 30 days
8%
Last year
373%
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 median rent prices in Water Mill and East Hampton by all bedroom counts and property types.
Water Mill
higher than the national median
higher than the national median
Takeaway
The median rent for all rentals in Water Mill, NY is 71% higher than the median rent in East Hampton, NY.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Water Mill rental market.
The average rent in Water Mill is $64,999 per month as of October 24, 2026.
Average rent prices in Water Mill have decreased by 8% over the last month and have increased by 373% since last year.
Rent in Water Mill is 3321% above the national average, which means renters are paying approximately $63,099 more per month.
To comfortably afford rent in Water Mill, you'd need to earn approximately $2,600,000/year, based on spending no more than 30% of your income on rent.
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).