What's the average rent in Water Mill, NY?

Rental Market Trends in Water Mill, NY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Water Mill, NY is $75,000 per month, which is 3,717% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$75,000
0.0%
No change month over month
0.0%
No change year over year

AVAILABLE RENTALS

155

APARTMENTS

$125,000

HOUSES

$75,000

TOWNHOUSES

$57,222
As of August 2026, townhomes are the most affordable rental option in Water Mill, NY at $57,222 per month, while apartments are the most expensive at $125,000 per month. Houses average $75,000 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$9,000
2 Bedrooms$9,500
3 Bedrooms$40,556
4 Bedrooms$55,000
All$75,000
As of August 2026, the average rent for a 1 bedroom rental in Water Mill, NY is $9,000 per month, followed by $9,500 for a 2 bedroom rental, $40,556 for a 3 bedroom rental, and $55,000 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +2% compared to the previous year, which is a +$1,500 increase.
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 $8,000 to $800,000.
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