
Cheap Homes for Rent in Water Mill, NY from $2,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Water Mill.

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.

28 Andrew Ct
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.

45 James St
Water Mill, NY Local Guide

How much does it cost to rent a home in Water Mill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Water Mill 2 Bedroom Homes for Rent | $41,000 | $10,000 | $10,000+ |
Water Mill 3 Bedroom Homes for Rent | $36,863 | $3,500 | $10,000+ |
Water Mill 4 Bedroom Homes for Rent | $44,321 | $8,000 | $10,000+ |
Water Mill 5 Bedroom Homes for Rent | $43,538 | $6,000 | $10,000+ |
Water Mill 6 Bedroom Homes for Rent | $63,272 | $10,000 | $10,000+ |
Water Mill 7 Bedroom Homes for Rent | $66,250 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Water Mill
Explore Water Mill
Water Mill, NY Local Guide
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Best Value Apartments for Rent in Water Mill, NY and Nearby
As of October 02, 2025 the best value apartment in the Water Mill area is the $2.20 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,345. The second greatest value Water Mill apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.91 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Cove at Gateway Commons | Cape Townhouse | 2BR,2BA | $2.20 |
The Edgewater | Sailfish | 2BR,1.5BA | $1.91 |
Fairfield Townhouses At Ridge | The Cherry | 2BR,2BA | $2.75 |
Mirror Pond | The Duplex | 2BR,2.5BA | $2.72 |
The Sound at Gateway Commons | The Stonington | 2BR,2BA | $1.71 |
Fairfield Courtyard At Middle Island | The Knoll | 2BR,1BA | $2.78 |
70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.50 |
Rosemont Brookhaven | Amelia | 1BR,1BA | $2.83 |
Gull Harbor Apartments | 1 BEDROOM | 1BR,1BA | $2.54 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Water Mill
What type of rentals are currently available in Water Mill?
There are currently 62 Apartments for Rent in Water Mill, NY with pricing that ranges from $905 to $5,903. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Water Mill ranging from $2,500 to $100,000.
What is the current price range for Rental Homes in Water Mill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Water Mill ranges from $2,500 to $100,000 with an average monthly rent of $45,968.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.