Rents are 3% above what Glen Cove's 10-year trend predicts — running hotter than its own history.
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 $3,721 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: August 17, 2026
Is your rent fair?
Compare your rent to the local median.
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 $2,646 a month. That figure now sits near $3,721, up 40.6% 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.
Discussions about Glen Cove
No discussions yet. Start the conversation.
Can you afford rent in Glen Cove on your salary?
At $3,721/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: August 17, 2026
The median rent in Glen Cove is $3,721/mo as of August 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 49% of local median household income ($92,064/yr), Glen Cove ranks as moderate compared to the national benchmark of 30%. Rents have increased 11.4% over the past year.
Frequently asked questions
Is Glen Cove an affordable city for renters?
How much income do you need to rent in Glen Cove?
Is rent going up or down in Glen Cove?
How does Glen Cove rent compare to other cities in New York?
Which nearby cities are cheaper to rent in than Glen Cove?
What percentage of Glen Cove residents rent vs. own?
How does Glen Cove rent compare to the national average?
At $3,721/mo, rent takes ~49% of Glen Cove's median household income ($92,064/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Glen Cove.
No discussions yet.
