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1 Apartments for rent in Montauk, NY

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September 2024
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Montauk Local Guide

See what Montauk, NY has to offer.

All About

Living in Montauk, NY

A small town in New York, Montauk has a population of slightly less than 4,000. It's a nice place to settle down, as retirees account for a greater percentage of the population (33%) here than they do nationally (14%), while young adults are less well-represented. Overall, the town's population, at an average age of just under 52, skews notably older than most cities in New York. Home ownership is more common than renting in the area, and 13% of residents rent. With an average rent of $1,724 per month, exceeding the state average by $444/month, relatively high rent costs may be a contributing factor in the higher levels of ownership.

Compared to the national average (21%), Montauk has a high concentration of residents older than 25 with a Bachelor's, Master's, Professional, or Doctoral degree (32%). There are two primary industries in Montauk: entertainment and construction. Together, these industries account for 21% of the town's workforce. Meanwhile, in terms of job function, many workers in these industries are in sales, as 5% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of around $101,000, Montauk workers earn around $20,000 more than the average New York resident. Montauk's average income also compares favorably to the national average ($73,345).

Montauk residents have an average commute of about 23 minutes, faster than the New York average of about 38 minutes. Many residents (42%) commute to work by car or truck, while public transit isn't extensively used. Few workers commute on foot.

Rent Apartments in Neighborhoods Near Montauk