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

As of June 2026, the median monthly rent in Montauk, NY is $36,861. This figure is based on aggregated data from public sources and community-submitted rents.

Is Montauk cheaper than other New York cities?

Montauk is one of the pricier cities in New York, ranking #1 out of 126 cities tracked at $36,861/mo.

When was Montauk rent data last updated?

Montauk rent data reflects June 2026 and was last refreshed on June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NY

Montauk

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

Pop. 4,223·1st most expensive in New York·One of the pricier rental markets in the US

Median rent (all units)

$36,861/mo

Year-over-Year

Stable

Month-over-Month

+16.7%

vs US Median

+$34,896

Rising (Monthly)

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Most AffordableMost Expensive

Montauk · $36,861

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

Affordability

309% of income

EXPENSIVE

0%30% benchmark60%+

At $36,861/mo, rent takes about 309% of the local median household income, well above the 30% benchmark.

Income to afford

$1,474,000/yr

Local median income

$142,961/yr

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

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost

$442,332/yr

At $36,861/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, +16.7% MoM), not inventory.

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Demographics

Who lives here

Montauk, NY is majority owner-occupied, has a median income above the national average, 53.1% of residents hold a bachelor's degree or higher.

Population

4,223

Median income

$142,961

Median age

44.7

Renters

21.3%

Age distribution

21%

15.5%

24.8%

18.7%

20%

Under 1821%

18–3415.5%

35–5424.8%

55–6418.7%

65+20%

Gender

49.7%

50.3%

Male49.7%

Female50.3%

Race & ethnicity

91.5%

White91.5%

Black1.3%

Hispanic5.8%

Asian0.6%

Other0.8%

Education (25+)

18%

25.2%

53.1%

No HS diploma3.7%

HS diploma18%

Some college25.2%

Bachelor's+53.1%

Housing tenure

78.7%

21.3%

Owner78.7%

Renter21.3%

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

2021 vs 2026

How Montauk, NY has changed in 5 years

Income

$135,927 → $142,961

up 5.2%

Population

4,272 → 4,223

down 1.1%

Renter share

16.6% → 21.3%

+4.7 pts

Bachelor's+

47% → 53.1%

+6.1 pts

Median age

51.8 → 44.7

-7.1 yrs

Local incomes tracked alongside that move, going from a median of $135,927 in 2021 to $142,961 more recently. Headcount in the area went from 4,272 to 4,223 between 2021 and 2024, a 1.1% change. About 21.3% of households rent today, against 16.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 47% to 53.1%.

Community

Discussions about Montauk

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View Montauk rent history (2015–2026) →

By apartment size

Montauk rent by bedroom count

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

Local insights

Tips for renters in Montauk

About renting in Montauk, NY

Last updated: June 22, 2026

The median rent in Montauk is $36,861/mo as of June 2026.

At 309% of local median household income ($142,961/yr), Montauk ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Montauk an affordable city for renters?

Montauk is considered expensive for renters. At $36,861/mo, rent takes approximately 309% of the local median household income ($142,961/yr). The standard benchmark is 30%. Montauk significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Montauk?

To keep rent at or below 30% of gross income, you would need to earn at least $1,474,000/year (~$709/hour full-time) to afford the median rent of $36,861/mo in Montauk. The local median household income is $142,961/yr, meaning the typical Montauk household falls short of that threshold.

Is rent going up or down in Montauk?

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

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

Montauk is one of the pricier cities in New York for rent, ranking #1 out of 126 tracked cities at $36,861/mo.

Which nearby cities are cheaper to rent in than Montauk?

Several nearby cities have lower median rents than Montauk ($36,861/mo): New London ($1,586/mo), Westerly ($2,000/mo), Groton ($2,172/mo).

What percentage of Montauk residents rent vs. own?

According to Census data, approximately 21.3% of Montauk households are renters, while 78.7% are owner-occupied. Montauk leans toward homeownership, which can mean a smaller rental inventory.

How does Montauk rent compare to the national average?

Montauk's median rent of $36,861/mo is $34,896 (1776%) above the US national median of $1,965/mo. Within New York, it ranks #1 out of 126 tracked cities.

Income Affordability

309%

EXPENSIVE

At $36,861/mo, rent takes ~309% of Montauk's median household income ($142,961/yr). The standard benchmark is 30%.

Montauk 309%Benchmark 30%

State income tax4–10.9%

Run the Montauk affordability calculator →

Nearby cities