Water Mill, NY rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Water Mill, NY is $65,000.

Average rent

$65,000

Month-over-month change

-$4,000

Year-over-year change

$0

Available rentals

138

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,500 to $950,000.

Rent frequencies
Rent priceNumber of rental properties
$2,4001
$2,5001
$3,4001
$3,5001
$5,000+136

Average rent price over time

Average rent price over time
Last year (2024)This year (2025)
Jan$55,000$70,000
Feb$60,000$75,000
Mar$61,666$75,000
Apr$60,000$75,000
May$65,000$75,000
Jun$70,000$70,000
Jul$74,000$69,270
Aug$75,000$73,500
Sep$65,000No data
Oct$60,000No data
Nov$65,000No data
Dec$70,000No data

Market temperature

The Water Mill, NY rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Water Mill, NY is 2995% higher than the national average.

Water Mill, NYvs.

$65,000

$2,100

Rent in Water Mill, NY

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Frequently asked questions

1. What is the average rent in Water Mill, NY?

The average rent in Water Mill, NY is $65,000.

2. How much does it cost to rent a house in Water Mill, NY?

Houses in Water Mill, NY rent between $2,500 - $950,000 with an average rent of $65,000.

3. How has the rent in Water Mill, NY changed in the last year?

In the last year, the rent in Water Mill, NY did not change.

4. How much has the rent in Water Mill, NY increased/decreased in the last month?

In the last month, the rent in Water Mill, NY decreased by $4,000

5. How many available rentals are there in Water Mill, NY?

There are currently 138 rentals available in Water Mill, NY.

6. How do rent prices in Water Mill, NY compare with the national average?

The average rent in Water Mill, NY is $65,000 — 2995.24% higher the national average of $2,100.