How much does it cost to rent in Amagansett, NY?

As of May 2026, the median monthly rent in Amagansett, NY is $58,028. This figure is based on aggregated data from public sources and community-submitted rents.

Is Amagansett cheaper than other New York cities?

Amagansett is one of the pricier cities in New York, ranking #1 out of 128 cities tracked at $58,028/mo.

When was Amagansett rent data last updated?

Amagansett rent data reflects May 2026 and was last refreshed on May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NY

Amagansett

Name: Average Rent Prices in Amagansett, NY
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 821·1st most expensive in New York·One of the pricier rental markets in the US

Median rent (all units)

$58,028/mo

Year-over-Year

Stable

Month-over-Month

+10.1%

vs US Median

+$56,063

Rising (Monthly)

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Most AffordableMost Expensive

Amagansett · $58,028

More expensive than 100% of US cities · National median $1,965/mo

Affordability

417% of income

EXPENSIVE

0%30% benchmark60%+

At $58,028/mo, rent takes about 417% of the local median household income, well above the 30% benchmark.

Income to afford

$2,321,000/yr

Local median income

$166,875/yr

Based on the 30%-of-income rule using Amagansett's median rent and household income. See the full affordability breakdown →

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost

$696,336/yr

At $58,028/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +10.1% MoM), not inventory.

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Demographics

Who lives here

Amagansett, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 83.4% of residents hold a bachelor's degree or higher.

Population

821

Median income

$166,875

Median age

Renters

19.7%

Age distribution

17.8%

24.1%

24.7%

25.2%

Under 1817.8%

18–3424.1%

35–548.2%

55–6424.7%

65+25.2%

Gender

47.9%

52.1%

Male47.9%

Female52.1%

Race & ethnicity

89.8%

White89.8%

Hispanic3.5%

Asian6.3%

Education (25+)

14.1%

83.4%

HS diploma14.1%

Some college2.5%

Bachelor's+83.4%

Housing tenure

80.3%

19.7%

Owner80.3%

Renter19.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Amagansett, NY has changed in 5 years

Income

$155,288 → $166,875

up 7.5%

Population

663 → 821

up 23.8%

Renter share

2.5% → 19.7%

+17.2 pts

Bachelor's+

60.1% → 83.4%

+23.3 pts

Median age

62.1 → 55

-7.1 yrs

Local incomes tracked alongside that move, going from a median of $155,288 in 2021 to $166,875 more recently. Headcount in the area went from 663 to 821 between 2021 and 2024, a 23.8% change. About 19.7% of households rent today, against 2.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 60.1% to 83.4%.

Community

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View Amagansett rent history (2015–2026) →

By apartment size

Amagansett rent by bedroom count

Median rent for each apartment size in Amagansett. Click any size for full breakdown.

Local insights

Tips for renters in Amagansett

About renting in Amagansett, NY

Last updated: May 18, 2026

The median rent in Amagansett is $58,028/mo as of May 2026.

At 417% of local median household income ($166,875/yr), Amagansett ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Amagansett an affordable city for renters?

Amagansett is considered expensive for renters. At $58,028/mo, rent takes approximately 417% of the local median household income ($166,875/yr). The standard benchmark is 30%. Amagansett significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Amagansett?

To keep rent at or below 30% of gross income, you would need to earn at least $2,321,000/year (~$1116/hour full-time) to afford the median rent of $58,028/mo in Amagansett. The local median household income is $166,875/yr, meaning the typical Amagansett household falls short of that threshold.

Is rent going up or down in Amagansett?

Rent in Amagansett has been relatively stable over the past year, with a 0.0% change year over year as of May 2026.

How does Amagansett rent compare to other cities in New York?

Amagansett is one of the pricier cities in New York for rent, ranking #1 out of 128 tracked cities at $58,028/mo.

Which nearby cities are cheaper to rent in than Amagansett?

Several nearby cities have lower median rents than Amagansett ($58,028/mo): New London ($1,586/mo), Groton ($2,172/mo), Waterford ($2,173/mo).

What percentage of Amagansett residents rent vs. own?

According to Census data, approximately 19.7% of Amagansett households are renters, while 80.3% are owner-occupied. Amagansett leans toward homeownership, which can mean a smaller rental inventory.

How does Amagansett rent compare to the national average?

Amagansett's median rent of $58,028/mo is $56,063 (2853%) above the US national median of $1,965/mo. Within New York, it ranks #1 out of 128 tracked cities.

Income Affordability

417%

EXPENSIVE

At $58,028/mo, rent takes ~417% of Amagansett's median household income ($166,875/yr). The standard benchmark is 30%.

Amagansett 417%Benchmark 30%

State income tax4–10.9%

Run the Amagansett affordability calculator →

Nearby cities