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.

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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 $1,315. 60 Mansfield Road Phase II has the second lowest priced unit, which is a Studio apartment currently listed from $1,548. Here is today’s list of the most affordable Water Mill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villages at Shore LandingCoveStudio,1BA$1,315
60 Mansfield Road Phase IIOpen 1 Bedroom - 6Studio,1BA$1,548
Gull Harbor Apartments1 BEDROOM1BR,1BA$1,550

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

As of March 27, 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 Anchor Townhome Model at The Cove at Gateway Commons starting at $3,795 with a $1.94 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.
The EdgewaterParker3BR,3BA$1.57
The Cove at Gateway CommonsAnchor Townhome3BR,2.5BA$1.94
Fairfield Townhouses At RidgeThe Cherry2BR,2BA$2.48
Hanford Commons2BD 2BA2BR,2BA$2.61
Mirror PondThe Ranch2BR,2BA$2.78
The Sound at Gateway CommonsThe Waterford2BR,2BA$2.26
Fairfield Courtyard At Middle IslandThe Knoll2BR,1BA$2.78
Pine Hills SouthThe Barclay1BR,1BA$2.75
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.42
Gull Harbor Apartments1 BEDROOM1BR,1BA$2.58

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,315.

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

The lowest price for a Cheap One Bedroom Water Mill Apartment is $1,325 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 $1,734 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 Edgewater and starts from $2,011.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.