City Report · NY

Glen Cove

Pop. 28,112·21st most expensive in New York·Glen Cove rents are up 8.3% over the past year
Median rent (all units)
$3,605/mo
Year-over-Year
+8.3%
Month-over-Month
-0.8%
vs US Median
+$1,640
Falling (Monthly)
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Most AffordableMost Expensive
Glen Cove · $3,605
More expensive than 96% of US cities · National median $1,965/mo
Rent Reality Score
49/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Glen Cove's 10-year trend predicts.

Actual rent
$3,605/mo
Expected by trend
$3,585/mo
The Rent Reality Score compares today's median rent to where Glen Cove's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,870
1 BR
$2,270
2 BR
$2,620
3 BR
$3,400
4 BR+
$3,640
Research median
$2,620/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$43,260/yr
At $3,605/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.3% YoY, -0.8% MoM), not inventory.
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Demographics

Who lives here

Glen Cove, NY is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 42.2% of residents hold a bachelor's degree or higher.

Population
28,112
Median income
$92,064
Median age
44
Renters
49%
Age distribution
16.7%
22.5%
24.5%
13.5%
22.8%
Under 1816.7%
18–3422.5%
35–5424.5%
55–6413.5%
65+22.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
57.4%
33%
White57.4%
Black5.2%
Hispanic33%
Asian5.6%
Education (25+)
12.4%
25.5%
19.8%
42.2%
No HS diploma12.4%
HS diploma25.5%
Some college19.8%
Bachelor's+42.2%
Housing tenure
51%
49%
Owner51%
Renter49%

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

2021 vs 2026

How Glen Cove, NY has changed in 5 years

Rent
$2,646 → $3,605
up 36.2%
Income
$81,693 → $92,064
up 12.7%
Population
28,187 → 28,112
down 0.3%
Renter share
43.8% → 49%
+5.2 pts
Bachelor's+
37.9% → 42.2%
+4.3 pts
Median age
42.4 → 44
+1.6 yrs

Five years ago, renters in Glen Cove, NY paid around $2,646 a month. That figure now sits near $3,605, up 36.2% from the 2021 baseline. Median household income climbed from $81,693 to $92,064 between 2021 and 2024, a 12.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has risen from 43.8% to 49%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 37.9% to 42.2% across the same window. Taken together, the five-year picture in Glen Cove, NY reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Glen Cove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Glen Cove on your salary?

At $3,605/mo, how Glen Cove rent compares to typical pay (30% rule).

By apartment size

Glen Cove rent by bedroom count

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

Local insights

Tips for renters in Glen Cove

About renting in Glen Cove, NY

Last updated: July 20, 2026

The median rent in Glen Cove is $3,605/mo as of July 2026. A studio apartment averages $1,870/mo while a 2-bedroom runs $2,620/mo. One-bedroom apartments average $2,270/mo and 3-bedroom units go for $3,400/mo.

At 47% of local median household income ($92,064/yr), Glen Cove ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.

FAQ

Frequently asked questions

Is Glen Cove an affordable city for renters?

Glen Cove is considered stretched for renters. At $3,605/mo, rent takes approximately 47% of the local median household income ($92,064/yr). The standard benchmark is 30%. Glen Cove significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Glen Cove?

To keep rent at or below 30% of gross income, you would need to earn at least $144,000/year (~$69/hour full-time) to afford the median rent of $3,605/mo in Glen Cove. The local median household income is $92,064/yr, meaning the typical Glen Cove household falls short of that threshold.

Is rent going up or down in Glen Cove?

Rent in Glen Cove has increased 8.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Glen Cove rent compare to other cities in New York?

Glen Cove is one of the pricier cities in New York for rent, ranking #21 out of 126 tracked cities at $3,605/mo.

Which nearby cities are cheaper to rent in than Glen Cove?

Several nearby cities have lower median rents than Glen Cove ($3,605/mo): Westbury ($3,154/mo), Mineola ($3,341/mo).

What percentage of Glen Cove residents rent vs. own?

According to Census data, approximately 49% of Glen Cove households are renters, while 51% are owner-occupied. Glen Cove leans toward homeownership, which can mean a smaller rental inventory.

How does Glen Cove rent compare to the national average?

Glen Cove's median rent of $3,605/mo is $1,640 (83%) above the US national median of $1,965/mo. Within New York, it ranks #21 out of 126 tracked cities.
Income Affordability
47%
STRETCHED

At $3,605/mo, rent takes ~47% of Glen Cove's median household income ($92,064/yr). The standard benchmark is 30%.

Glen Cove 47%Benchmark 30%
State income tax4–10.9%
Run the Glen Cove affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Glen Cove, NY

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