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City Report · NY

East Hampton

Pop. 1,297·1st most expensive in New York·East Hampton rents have dropped 5.8%, currently a renter's market
Median rent (all units)
$37,724/mo
Year-over-Year
-5.8%
Month-over-Month
-5.1%
vs US Median
+$35,759
Falling (Monthly)
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Most AffordableMost Expensive
East Hampton · $37,724
More expensive than 100% of US cities · National median $1,965/mo
Affordability
426% of income
EXPENSIVE
0%30% benchmark60%+

At $37,724/mo, rent takes about 426% of the local median household income, well above the 30% benchmark.

Income to afford
$1,509,000/yr
Local median income
$106,250/yr
Based on the 30%-of-income rule using East Hampton's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$452,688/yr
At $37,724/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.8% YoY, -5.1% MoM), not inventory.
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Demographics

Who lives here

East Hampton, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 62% of residents hold a bachelor's degree or higher.

Population
1,297
Median income
$106,250
Median age
57.5
Renters
25.9%
Age distribution
22.1%
21.9%
35.9%
Under 1811.1%
18–349%
35–5422.1%
55–6421.9%
65+35.9%
Gender
45.3%
54.7%
Male45.3%
Female54.7%
Race & ethnicity
71.7%
25.8%
White71.7%
Black2.1%
Hispanic25.8%
Education (25+)
17.3%
62%
No HS diploma9.8%
HS diploma11%
Some college17.3%
Bachelor's+62%
Housing tenure
74.1%
25.9%
Owner74.1%
Renter25.9%

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

2021 vs 2026

How East Hampton, NY has changed in 5 years

Rent
$32,619 → $37,724
up 15.7%
Income
$96,250 → $106,250
up 10.4%
Population
1,062 → 1,297
up 22.1%
Renter share
21.1% → 25.9%
+4.8 pts
Bachelor's+
66.5% → 62%
-4.5 pts
Median age
60.7 → 57.5
-3.2 yrs

The median rent in East Hampton, NY stood at $32,619 in 2021 and currently runs about $37,724, reflecting a 15.7% increase over the period. Median household income rose from $96,250 to $106,250 between 2021 and 2024, a 10.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 22.1% since 2021, moving from about 1,062 residents to roughly 1,297. Renters now make up 25.9% of households, compared with 21.1% five years ago. College-educated residents now make up 62% of adults here, versus 66.5% in 2021. Taken together, the five-year picture in East Hampton, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View East Hampton rent history (2015–2026) →
By apartment size

East Hampton rent by bedroom count

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

Local insights

Tips for renters in East Hampton

About renting in East Hampton, NY

Last updated: July 20, 2026

The median rent in East Hampton is $37,724/mo as of July 2026.

At 426% of local median household income ($106,250/yr), East Hampton ranks as expensive compared to the national benchmark of 30%. Rents have decreased 5.8% over the past year.

FAQ

Frequently asked questions

Is East Hampton an affordable city for renters?

East Hampton is considered expensive for renters. At $37,724/mo, rent takes approximately 426% of the local median household income ($106,250/yr). The standard benchmark is 30%. East Hampton significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in East Hampton?

To keep rent at or below 30% of gross income, you would need to earn at least $1,509,000/year (~$725/hour full-time) to afford the median rent of $37,724/mo in East Hampton. The local median household income is $106,250/yr, meaning the typical East Hampton household falls short of that threshold.

Is rent going up or down in East Hampton?

Rent in East Hampton has decreased 5.8% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does East Hampton rent compare to other cities in New York?

East Hampton is one of the pricier cities in New York for rent, ranking #1 out of 126 tracked cities at $37,724/mo.

Which nearby cities are cheaper to rent in than East Hampton?

Several nearby cities have lower median rents than East Hampton ($37,724/mo): New London ($1,586/mo), Waterford ($2,173/mo), East Lyme ($2,574/mo).

What percentage of East Hampton residents rent vs. own?

According to Census data, approximately 25.9% of East Hampton households are renters, while 74.1% are owner-occupied. East Hampton leans toward homeownership, which can mean a smaller rental inventory.

How does East Hampton rent compare to the national average?

East Hampton's median rent of $37,724/mo is $35,759 (1820%) above the US national median of $1,965/mo. Within New York, it ranks #1 out of 126 tracked cities.
Income Affordability
426%
EXPENSIVE

At $37,724/mo, rent takes ~426% of East Hampton's median household income ($106,250/yr). The standard benchmark is 30%.

East Hampton 426%Benchmark 30%
State income tax4–10.9%
Run the East Hampton affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near East Hampton, NY

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