Cheap Apartments for Rent in Water Mill, NY from $900 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Water Mill.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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60 Mansfield Road
Studio to 2 Bedroom Apartments

60 Mansfield Road

60 Mansfield RdNew London, CT 06320

Water Mill, NY Local Guide

Cheapest Available Water Mill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Water Mill, NY is a 1 Bed unit found at Morton House in the South Lyme neighborhood priced from $1,200. Villages at Shore Landing has the second lowest priced unit, which is a Studio apartment currently listed from $1,241. Here is today’s list of the most affordable Water Mill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton HouseEfficiency1BR,1BA$1,200
Villages at Shore LandingCoveStudio,1BA$1,241
60 Mansfield Road Phase IIOpen 1 Bedroom - 6Studio,1BA$1,447

Best Value Apartments for Rent in Water Mill, NY and Nearby

As of June 17, 2025 the best value apartment in the Water Mill area is the $1.57 price per square foot Parker Model at The Edgewater in the in the South Lyme neighborhood starting from $3,395. The second greatest value Water Mill apartment is the B1F Model at Heritage Pine Hills Country Club starting at $3,438 with a $2.64 price per square foot in the Poospatuck Reservation neighborhood. Here is today’s list of the best values for Water Mill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The EdgewaterParker3BR,3BA$1.57
Heritage Pine Hills Country ClubB1F2BR,2BA$2.64
Fairfield Townhouses At RidgeThe Cherry2BR,2BA$2.75
Hanford Commons2BD 2BA2BR,2BA$2.61
The Cove at Gateway CommonsAtlantic Townhouse1BR,1BA$2.19
Fairfield PinesThe Stafford2BR,1BA$2.88
Fairfield Courtyard At Middle IslandThe Knoll2BR,1BA$2.78
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.11
Gull Harbor Apartments1 BEDROOM1BR,1BA$2.54
Morton HouseEfficiency1BR,1BA$3.00

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Water Mill, NY Rentals by Map

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Getting Around Water Mill, NY

Walk Score®

32 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Water Mill Apartments

What is the Cheapest Studio apartment in Water Mill?

Currently the most affordable Cheap Studio Apartment in Water Mill is at Villages at Shore Landing listed at $1,241.

How much is rent for a Cheap One Bedroom Water Mill Apartment?

The lowest price for a Cheap One Bedroom Water Mill Apartment is $1,200 at Morton House.

What is the lowest price for a Cheap Two Bedroom Water Mill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Water Mill is starting from $1,677 at Villages at Shore Landing.

What is the most affordable Water Mill Three Bedroom Apartment?

The best deal on a cheap Water Mill Three Bedroom Apartment rental is at The Sound at Gateway Commons and starts from $2,895.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.