Rents are right about where Glen Cove's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,702 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in Glen Cove usually run 1.3% below trend in November and 0.6% above it in May, about $70 a month apart at today's median. Based on 5 years of data.
Rent in Glen Cove is at its highest level since Zillow's records here began in April 2021.
Rent in Glen Cove changed +7.3% over the year to September 2026. Across the 82 New York cities Zillow tracks, the typical change was +5.3%.
Rent has risen 4 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($92,064) is $2,302 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,270); a 2-bedroom is $2,620.
New Rochelle, 8 miles away, rents for 19% less ($2,995/mo), about $8,500 a year in savings.
From Zillow's monthly rent index (ZORI) for Glen Cove. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Glen Cove, NY has changed in 5 years
Five years ago, renters in Glen Cove, NY paid around $2,684 a month. That figure now sits near $3,702, up 37.9% 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.
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At $3,702/mo, how Glen Cove rent compares to typical pay (30% rule).
Glen Cove rent by bedroom count
Median rent for each apartment size in Glen Cove. Click any size for full breakdown.
Tips for renters in Glen Cove
Last updated: October 17, 2026
The median rent in Glen Cove is $3,702/mo as of October 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 48% of local median household income ($92,064/yr), Glen Cove ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.3% over the past year.
Frequently asked questions
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At $3,702/mo, rent takes ~48% of Glen Cove's median household income ($92,064/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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