Last updated on October 26, 2026

Average rent in
Water Mill, NY

Median rent

Median rent in Water Mill

$64,999/mo

increased by373%

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.

$18.68

average price per square foot

Total rentals

Available rentals in Water Mill

16

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Water Mill rentals at each price point

100%75%50%25%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Water Mill, NY

Average rent prices in Water Mill have decreased by 8% over the last month and have increased by 373% 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 Water Mill, NY

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%

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%

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.

How does rent in Water Mill, NY compare to other cities?

Compare median rent prices in Water Mill and East Hampton by all bedroom counts and property types.

Water Mill

Median rent price$64,999
increased by3321%

higher than the national median

Median rent price$38,000
increased by1900%

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.

Discover rentals in Water Mill, NY

809 Edge Of Woods Rd - Photo 1 of 1

5d+ ago

Townhouse for rent in Water Mill

4 beds

3 baths

$30,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
28 Old Trail Rd - Photo 1 of 1

3d ago

House for rent in Water Mill

Residential, Water Mill, NY

28 Old Trail Rd, Water Mill, NY 11976

4 beds

2.5 baths

$35,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
858 Old Sag Harbor Rd - Photo 1 of 1

5d+ ago

Townhouse for rent in Water Mill

4 beds

4 baths

$35,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
21 Burnetts Cove Rd - Photo 1 of 1

5d+ ago

Townhouse for rent in Water Mill

3 beds

2 baths

$42,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

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

Frequently asked questions for Water Mill, NY

Quick answers to common questions about the Water Mill rental market.

How much is rent in Water Mill?

The average rent in Water Mill is $64,999 per month as of October 24, 2026.

Is rent up or down in Water Mill?

Average rent prices in Water Mill have decreased by 8% over the last month and have increased by 373% since last year.

How does Water Mill rent compare to the national average?

Rent in Water Mill is 3321% above the national average, which means renters are paying approximately $63,099 more per month.

What salary do I need to afford rent in Water Mill?

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.

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).

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