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City Report · NY

Glens Falls

Pop. 14,609·106th most expensive in New York·One of the most affordable rental markets in the US
Median rent (all units)
$1,419/mo
Year-over-Year
+2.6%
Month-over-Month
-2.1%
vs US Median
-$546
Falling (Monthly)
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Most AffordableMost Expensive
Glens Falls · $1,419
More affordable than 81% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,419/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$57,000/yr
Local median income
$67,788/yr
Based on the 30%-of-income rule using Glens Falls's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,030
1 BR
$1,070
2 BR
$1,340
3 BR
$1,740
4 BR+
$1,780
Research median
$1,340/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
$17,028/yr
At $1,419/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.6% YoY, -2.1% MoM), not inventory.
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Demographics

Who lives here

Glens Falls, NY is roughly split between renters and owners, 33.7% of residents hold a bachelor's degree or higher.

Population
14,609
Median income
$67,788
Median age
36.9
Renters
47.7%
Age distribution
18.7%
28.1%
23%
14.2%
16%
Under 1818.7%
18–3428.1%
35–5423%
55–6414.2%
65+16%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
88.6%
White88.6%
Black3.7%
Hispanic3.9%
Asian0.7%
Other3%
Education (25+)
27.9%
30.5%
33.7%
No HS diploma7.9%
HS diploma27.9%
Some college30.5%
Bachelor's+33.7%
Housing tenure
52.3%
47.7%
Owner52.3%
Renter47.7%

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

2021 vs 2026

How Glens Falls, NY has changed in 5 years

Income
$60,907 → $67,788
up 11.3%
Population
14,784 → 14,609
down 1.2%
Renter share
48.4% → 47.7%
-0.7 pts
Bachelor's+
29.4% → 33.7%
+4.3 pts

Household income in the area moved from $60,907 to $67,788 across the same window, up 11.3% versus 2021. Headcount in the area went from 14,784 to 14,609 between 2021 and 2024, a 1.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 29.4% to 33.7%.

Community

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View Glens Falls rent history (2015–2026) →
Salary vs rent

Can you afford rent in Glens Falls on your salary?

At $1,419/mo, how Glens Falls rent compares to typical pay (30% rule).

By apartment size

Glens Falls rent by bedroom count

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

Local insights

Tips for renters in Glens Falls

About renting in Glens Falls, NY

Last updated: July 20, 2026

The median rent in Glens Falls is $1,419/mo as of July 2026. A studio apartment averages $1,030/mo while a 2-bedroom runs $1,340/mo. One-bedroom apartments average $1,070/mo and 3-bedroom units go for $1,740/mo.

At 25% of local median household income ($67,788/yr), Glens Falls ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

Is Glens Falls an affordable city for renters?

Glens Falls is considered affordable for renters. At $1,419/mo, rent takes approximately 25% of the local median household income ($67,788/yr). The standard benchmark is 30%. Glens Falls falls comfortably within that range.

How much income do you need to rent in Glens Falls?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,419/mo in Glens Falls. The local median household income is $67,788/yr, meaning the typical Glens Falls household meets that threshold.

Is rent going up or down in Glens Falls?

Rent in Glens Falls has increased 2.6% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Glens Falls rent compare to other cities in New York?

Glens Falls is one of the more affordable cities in New York for rent, ranking #106 out of 126 tracked cities at $1,419/mo.

What percentage of Glens Falls residents rent vs. own?

According to Census data, approximately 47.7% of Glens Falls households are renters, while 52.3% are owner-occupied. Glens Falls leans toward homeownership, which can mean a smaller rental inventory.

How does Glens Falls rent compare to the national average?

Glens Falls's median rent of $1,419/mo is $546 (28%) below the US national median of $1,965/mo. Within New York, it ranks #106 out of 126 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,419/mo, rent takes ~25% of Glens Falls's median household income ($67,788/yr). The standard benchmark is 30%.

Glens Falls 25%Benchmark 30%
State income tax4–10.9%
Run the Glens Falls affordability calculator →
Lowest-rent ZIP codes in Glens Falls
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Glens Falls, NY

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