Cheap Apartments for Rent in Water Mill, NY from $1,100 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Villages at Shore Landing
$1,396 - $3,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $3,345
Required Monthly Fees
$25

Total Monthly Price
$1,396 - $3,370
Studio to 2 Bedroom Apartments Available Now

Villages at Shore Landing

5 Nob Hill RdNew London, CT 06320
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Rocky Neck Village
$1,491 - $2,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,491 - $2,650

Total Monthly Price
$1,491 - $2,650
3 Bedroom Apartments Available Now

Rocky Neck Village

277 R West Main StEast Lyme, CT 06333
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Low Income
close
View Me
Gull Harbor Apartments
$1,570 - $1,715
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $1,695
Required Monthly Fees
$20

Total Monthly Price
$1,570 - $1,715
1 Bedroom Apartments Available Jun 12

Gull Harbor Apartments

83 Mansfield RdNew London, CT 06320
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
The Sound at Gateway Commons
$1,815 - $3,065
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $3,050
Required Monthly Fees
$15

Total Monthly Price
$1,815 - $3,065
Studio to 3 Bedroom Apartments Available Now

The Sound at Gateway Commons

1 Maple Tree LnEast Lyme, CT 06333
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
60 Mansfield Road
Rent Specials
$1,825 - $3,135
Total Monthly Price

Total Monthly Price

Base Rent
$1,610 - $2,920
Required Monthly Fees
$215

Total Monthly Price
$1,825 - $3,135
Studio to 2 Bedroom Apartments Available Now

60 Mansfield Road

60 Mansfield RdNew London, CT 06320
Pet Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
60 Mansfield Road Phase II
Rent Specials
$1,925 - $3,790
Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,710 - $3,575
Required Monthly Fees
$215

Total Monthly Price
$1,925 - $3,790
Studio to 2 Bedroom Apartments Available Now

60 Mansfield Road Phase II

22 Georgetown RdNew London, CT 06320
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
26 Sunset Ter
1 to 2 Bedroom Apartments

26 Sunset Ter

26 Sunset TerEssex, CT 06426

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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 Studio unit found at Villages at Shore Landing priced from $1,396. Rocky Neck Village in the South Lyme neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,491. Here is today’s list of the most affordable Water Mill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villages at Shore LandingCoveStudio,1BA$1,396
Rocky Neck Village3 bed - 50%3BR,2BA$1,491
70 Pond Meadow Rd2 Bedroom2BR,1BA$1,800
60 Mansfield RoadStyle 2Studio,1BA$1,825
The Sound at Gateway CommonsThe Westbrook1BR,1BA$1,890

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

As of June 09, 2026 the best value apartment in the Water Mill area is the $1.88 price per square foot 3 bedroom - MKT Model at Rocky Neck Village in the in the South Lyme neighborhood starting from $2,650. The second greatest value Water Mill apartment is the 2BD 2BA + Office Model at Hanford Commons starting at $3,600 with a $2.62 price per square foot in the Southwest New London Lyme 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.
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88
Hanford Commons2BD 2BA + Office2BR,2BA$2.62
The EdgewaterSailfish 22BR,2BA$2.07
Heritage Pine Hills Country ClubC1F3BR,2BA$2.85
Fairfield Townhouses At RidgeThe Cherry2BR,2BA$2.78
The Reserve at the BoulevardC2BR,2BA$2.86
The Cove at Gateway CommonsAtlantic Townhouse1BR,1BA$2.20
Fairfield Courtyard At Middle IslandThe Knoll2BR,1BA$2.78
70 Pond Meadow Rd2 Bedroom2BR,1BA$1.89
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.75

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Water Mill, NY Rentals by Map

View Map
Water Mill, NY Apartments Map
View Map
Water Mill, NY Rental Homes Map

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 $1,396.

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

The lowest price for a Cheap One Bedroom Water Mill Apartment is $1,435 at Villages at Shore Landing.

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 $1,800 at 70 Pond Meadow Rd.

What is the most affordable Water Mill Three Bedroom Apartment?

The best deal on a cheap Water Mill Three Bedroom Apartment rental is at Rocky Neck Village and starts from $1,491.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.