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

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

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Villages at Shore Landing
$1,331 - $3,310
Total Monthly Price

Total Monthly Price

Base Rent
$1,306 - $3,285
Required Monthly Fees
$25

Total Monthly Price
$1,331 - $3,310
Studio to 2 Bedroom Apartments Available Now

Villages at Shore Landing

5 Nob Hill RdNew London, CT 06320
Furnished
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  • Customer Reviewed
  • Utilities Included
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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.
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  • Utilities Included
  • Low Income
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Gull Harbor Apartments
$1,565 - $1,715
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,545 - $1,695
Required Monthly Fees
$20

Total Monthly Price
$1,565 - $1,715
1 Bedroom Apartments Available Aug 15

Gull Harbor Apartments

83 Mansfield RdNew London, CT 06320
Student Housing
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  • Utilities Included
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60 Mansfield Road
Rent Specials
$1,775 - $3,135
Total Monthly Price

Total Monthly Price

Base Rent
$1,560 - $2,920
Required Monthly Fees
$215

Total Monthly Price
$1,775 - $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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Edgewater
Rent Specials
$1,835 - $3,935
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $3,900
Required Monthly Fees
$35

Total Monthly Price
$1,835 - $3,935
2 to 3 Bedroom Apartments Available Now

The Edgewater

94 N Bridebrook RdNiantic, CT 06357
Cost Per Sq.Ft.
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  • Customer Reviewed
  • 3D Tour
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The Sound at Gateway Commons
$1,850 - $3,114
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,835 - $3,099
Required Monthly Fees
$15

Total Monthly Price
$1,850 - $3,114
Studio to 3 Bedroom Apartments Available Now

The Sound at Gateway Commons

1 Maple Tree LnEast Lyme, CT 06333
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  • Customer Reviewed
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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
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  • Utilities Included
  • 3D Tour
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26 Sunset Ter
1 to 2 Bedroom Apartments

26 Sunset Ter

26 Sunset TerEssex, CT 06426

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 in the New London neighborhood priced from $1,405. 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 LandingSeawardStudio,1BA$1,405
Rocky Neck Village3 bed - 50%3BR,2BA$1,491
60 Mansfield RoadStyle 2Studio,1BA$1,775
70 Pond Meadow Rd2 Bedroom2BR,1BA$1,800
The EdgewaterSailfish-Workforce2BR,1BA$1,835

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

As of July 24, 2026 the best value apartment in the Water Mill area is the $1.99 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,830. The second greatest value Water Mill apartment is the 3 bedroom - MKT Model at Rocky Neck Village starting at $2,650 with a $1.88 price per square foot in the South 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.
The EdgewaterSailfish2BR,1.5BA$1.99
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88
Hanford Commons2BD 2BA + Office2BR,2BA$2.55
Fairfield Townhouses At RidgeThe Cherry2BR,2BA$2.81
Walden Pond at East Moriches 55+ CommunityAmherst - Penthouse Level2BR,2BA$2.95
The Cove at Gateway CommonsAtlantic Townhouse1BR,1BA$2.20
Fairfield Courtyard At Middle IslandThe Knoll2BR,1BA$2.78
Fairfield PinesThe Stafford2BR,1BA$2.88
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.

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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.

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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 $1,331.

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

The lowest price for a Cheap One Bedroom Water Mill Apartment is $1,622 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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.