East Hampton still top choice among summer renters, according to Zillow

April 10, 2019 04:34PM

The most popular East End locale for summer renters is East Hampton, according to Zillow Group’s Out East platform, which analyzed user search data to figure out where renters are looking. Out East noted that April is when about a quarter of all summer rentals in the Hamptons are snatched up. More than one in 10 searches for summer renters on Out East were for East Hampton, though interest in the town has waned. The area made up 18.7 percent of all searches in 2018, but only 12.7 percent this year, according to Out East. There are 1,500 homes up for a full summer stay. The median ask on such homes is $65,000, though some are $10,000 below the broader Hamptons’ median of $75,000. Montauk again took the second spot on Out East’s list. Sag Harbor, however, leaped two spots into third, knocking down Southampton and Amagansett. Sag Harbor has more than 650 full-summer rentals with a median price of $65,000. Like Sag Harbor, Hampton Bays saw a sudden surge in interest, premiering on Out East’s top 10 list in the seventh slot. The median asking price in Hampton Bays is $45,000 for a full summer rental. There are roughly 90 properties up for rent. [Out East]