East Hampton splits into hamlets that price very differently. The trophy market is the oceanfront of East Hampton Village, the estate streets of Lily Pond Lane, Further Lane, and West End Road, where a hedge-screened house on the dune holds the highest rate on the South Fork. Georgica, just west, with its pond and its oceanfront, is the other top address. Amagansett, the next hamlet east, runs a touch softer but holds its own oceanfront premium along the dunes.
Inland, the math changes sharply. Springs, the artists’ hamlet on the bay side, Northwest Woods in the trees, and Wainscott behind the highway offer far more house for the money, with a bike or a short drive to the ocean beaches. Montauk, at the far eastern tip, runs its own market built around the surf, the harbor, and a younger scene, generally below the Village oceanfront. You pay most for the dune and the hedge, less for the bay side and the woods, and least off-season anywhere.
The Suffolk County occupancy tax
Suffolk County charges a hotel and motel occupancy tax of 5.5 percent on short-term rentals, in effect since June 1 2023 and collected by the host from the renter. On a $120,000 August week that is about $6,600. Unlike a hotel stay, a whole-house rental let as a residence is generally outside New York State sales tax, which applies to hotel-style occupancy, so the 5.5 percent county tax is usually the main line. Confirm how the operator handles it on the invoice.
The rental registry
The Town of East Hampton requires every rental property to hold a rental registry number before it can be advertised or let, valid for two years. The obligation sits with the owner, but the renter should confirm the house carries a valid number, because letting an unregistered property is an enforcement risk that can disrupt a booking. A reputable broker will have the registry number on file; ask for it before you sign.
The chef, the cleaning fee, and the deposit
Most Hamptons houses let self-catered with a turnover clean of $1,000 to $3,000 depending on size. A private chef, the upgrade most summer renters want, runs $600 to $1,200 per day plus food and books up early for July and August. Expect a refundable security deposit of $10,000 to $50,000 by check or card hold on the larger houses, returned within two to four weeks of checkout, and a 50 percent deposit at booking on a peak-season week.