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City Report · NY

Corning

Pop. 10,643·110th most expensive in New York·One of the most affordable rental markets in the US
Median rent (all units)
$1,322/mo
Year-over-Year
Stable
Month-over-Month
+3.9%
vs US Median
-$640
Rising (Monthly)
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Most AffordableMost Expensive
Corning · $1,322
More affordable than 86% of US cities · National median $1,962/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,322/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$53,000/yr
Local median income
$61,760/yr
Based on the 30%-of-income rule using Corning's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,000
2 BR
$1,210
3 BR
$1,560
4 BR+
$2,030
Fair Market Rent (HUD)
$1,210/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,322 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$15,864/yr
At $1,322/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, +3.9% MoM), not inventory.
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Demographics

Who lives here

Corning, NY is roughly split between renters and owners, has a median income below the national average, 40.5% of residents hold a bachelor's degree or higher.

Population
10,643
Median income
$61,760
Median age
37.8
Renters
48.7%
Age distribution
17.5%
29.3%
22.6%
13.1%
17.5%
Under 1817.5%
18–3429.3%
35–5422.6%
55–6413.1%
65+17.5%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
89%
White89%
Black2.2%
Hispanic2.5%
Asian2.8%
Other3.3%
Education (25+)
24.6%
28.8%
40.5%
No HS diploma6%
HS diploma24.6%
Some college28.8%
Bachelor's+40.5%
Housing tenure
51.3%
48.7%
Owner51.3%
Renter48.7%

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

2021 vs 2026

How Corning, NY has changed in 5 years

Income
$53,269 → $61,760
up 15.9%
Population
10,708 → 10,643
down 0.6%
Renter share
48.2% → 48.7%
+0.5 pts
Bachelor's+
43.6% → 40.5%
-3.1 pts
Median age
37.3 → 37.8
+0.5 yrs

Census figures show median household income at $61,760 today, compared with $53,269 five years earlier. College-educated residents now make up 40.5% of adults here, versus 43.6% in 2021.

Community

Discussions about Corning

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View Corning rent history (2015–2026) →
Salary vs rent

Can you afford rent in Corning on your salary?

At $1,322/mo, how Corning rent compares to typical pay (30% rule).

By apartment size

Corning rent by bedroom count

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

Local insights

Tips for renters in Corning

About renting in Corning, NY

Last updated: August 17, 2026

The median rent in Corning is $1,322/mo as of August 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,210/mo. One-bedroom apartments average $1,000/mo and 3-bedroom units go for $1,560/mo.

At 26% of local median household income ($61,760/yr), Corning ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Corning an affordable city for renters?

Corning is considered affordable for renters. At $1,322/mo, rent takes approximately 26% of the local median household income ($61,760/yr). The standard benchmark is 30%. Corning falls comfortably within that range.

How much income do you need to rent in Corning?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,322/mo in Corning. The local median household income is $61,760/yr, meaning the typical Corning household meets that threshold.

Is rent going up or down in Corning?

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

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

Corning is one of the more affordable cities in New York for rent, ranking #110 out of 125 tracked cities at $1,322/mo.

Which nearby cities are cheaper to rent in than Corning?

Elmira is nearby and more affordable at $1,121/mo, which is $201 less than Corning.

What percentage of Corning residents rent vs. own?

According to Census data, approximately 48.7% of Corning households are renters, while 51.3% are owner-occupied. Corning leans toward homeownership, which can mean a smaller rental inventory.

How does Corning rent compare to the national average?

Corning's median rent of $1,322/mo is $640 (33%) below the US national median of $1,962/mo. Within New York, it ranks #110 out of 125 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,322/mo, rent takes ~26% of Corning's median household income ($61,760/yr). The standard benchmark is 30%.

Corning 26%Benchmark 30%
State income tax4–10.9%
Run the Corning affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Corning, NY

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