City Report · NY

Wainscott

Pop. 612·1st most expensive in New York·One of the pricier rental markets in the US
Median rent (all units)
$38,500/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
+$36,535
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Most AffordableMost Expensive
Wainscott · $38,500
More expensive than 100% of US cities · National median $1,965/mo
Affordability
353% of income
EXPENSIVE
0%30% benchmark60%+

At $38,500/mo, rent takes about 353% of the local median household income, well above the 30% benchmark.

Income to afford
$1,540,000/yr
Local median income
$130,833/yr
Based on the 30%-of-income rule using Wainscott's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: March 14, 2026

Annual cost
$462,000/yr
At $38,500/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

Who lives here

Wainscott, NY is majority owner-occupied, has a large retiree population, has a median income above the national average, 59.2% of residents hold a bachelor's degree or higher.

Population
612
Median income
$130,833
Median age
65.2
Renters
5.2%
Age distribution
14.2%
17.3%
12.7%
50.7%
Under 185.1%
18–3414.2%
35–5417.3%
55–6412.7%
65+50.7%
Gender
59%
41%
Male59%
Female41%
Race & ethnicity
89.9%
White89.9%
Black0.5%
Hispanic1%
Other8.7%
Education (25+)
24.3%
15.1%
59.2%
No HS diploma1.4%
HS diploma24.3%
Some college15.1%
Bachelor's+59.2%
Housing tenure
94.8%
Owner94.8%
Renter5.2%

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

2021 vs 2026

How Wainscott, NY has changed in 5 years

Income
$152,946 → $130,833
down 14.5%
Population
465 → 612
up 31.6%
Renter share
3.9% → 5.2%
+1.3 pts
Bachelor's+
66% → 59.2%
-6.8 pts
Median age
55.4 → 65.2
+9.8 yrs

Household income in the area moved from $152,946 to $130,833 across the same window, down 14.5% versus 2021. The population has grown by 31.6% since 2021, moving from about 465 residents to roughly 612. College-educated residents now make up 59.2% of adults here, versus 66% in 2021.

Community

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

Wainscott rent by bedroom count

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

Local insights

Tips for renters in Wainscott

About renting in Wainscott, NY

Last updated: March 14, 2026

The median rent in Wainscott is $38,500/mo as of March 2026.

At 353% of local median household income ($130,833/yr), Wainscott ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Wainscott an affordable city for renters?

Wainscott is considered expensive for renters. At $38,500/mo, rent takes approximately 353% of the local median household income ($130,833/yr). The standard benchmark is 30%. Wainscott significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Wainscott?

To keep rent at or below 30% of gross income, you would need to earn at least $1,540,000/year (~$740/hour full-time) to afford the median rent of $38,500/mo in Wainscott. The local median household income is $130,833/yr, meaning the typical Wainscott household falls short of that threshold.

Is rent going up or down in Wainscott?

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

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

Wainscott is one of the pricier cities in New York for rent, ranking #1 out of 144 tracked cities at $38,500/mo.

Which nearby cities are cheaper to rent in than Wainscott?

Several nearby cities have lower median rents than Wainscott ($38,500/mo): New London ($1,586/mo), Waterford ($2,173/mo), Southold ($4,250/mo).

What percentage of Wainscott residents rent vs. own?

According to Census data, approximately 5.2% of Wainscott households are renters, while 94.8% are owner-occupied. Wainscott leans toward homeownership, which can mean a smaller rental inventory.

How does Wainscott rent compare to the national average?

Wainscott's median rent of $38,500/mo is $36,535 (1859%) above the US national median of $1,965/mo. Within New York, it ranks #1 out of 144 tracked cities.
Income Affordability
353%
EXPENSIVE

At $38,500/mo, rent takes ~353% of Wainscott's median household income ($130,833/yr). The standard benchmark is 30%.

Wainscott 353%Benchmark 30%
State income tax4–10.9%
Run the Wainscott affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Wainscott, NY

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