What's the average rent in Water Mill, NY?
Rental Market Trends in Water Mill, NY
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Water Mill, NY is $66,666 per month, which is 3,390% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$66,666
-4.8%-$3,334 decrease month-over-month
-11.1%-$8,334 decrease year-over-year
AVAILABLE RENTALS
177
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, townhomes are the most affordable rental option in Water Mill, NY at $40,000 per month, while apartments are the most expensive at $125,000 per month. Houses average $67,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $7,666 |
| 2 Bedrooms | $9,500 |
| 3 Bedrooms | $38,333 |
| 4 Bedrooms | $45,000 |
| All | $66,666 |
As of May 2026, the average rent for a 1 bedroom rental in Water Mill, NY is $7,666 per month, followed by $9,500 for a 2 bedroom rental, $38,333 for a 3 bedroom rental, and $45,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $40,000 |
| All | $40,000 |
As of May 2026, the average rent for a 4 bedroom townhome in Water Mill, NY is $40,000 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $125,000 |
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $7,666 |
| 2 Bedrooms | $9,500 |
| 3 Bedrooms | $38,333 |
| 4 Bedrooms | $48,000 |
| All | $67,500 |
As of May 2026, the average rent for a 1 bedroom house in Water Mill, NY is $7,666 per month, followed by $9,500 for a 2 bedroom house, $38,333 for a 3 bedroom house, and $48,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -11% compared to the previous year, which is a $8,334 decrease.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $7,666 to $800,000.
