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City Report · NY

Glens Falls

Pop. 14,609·103rd most expensive in New York·Glens Falls rents are up 5.7% over the past year
Median rent (all units)
$1,462/mo
Year-over-Year
+5.7%
Month-over-Month
+3.0%
vs US Median
-$500
Rising (Monthly)
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Most AffordableMost Expensive
Glens Falls · $1,462
More affordable than 78% of US cities · National median $1,962/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,462/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$58,000/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
Fair Market Rent (HUD)
$1,340/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,462 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
$17,544/yr
At $1,462/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.7% YoY, +3.0% 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

Discussions about Glens Falls

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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 $1,462/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: August 17, 2026

The median rent in Glens Falls is $1,462/mo as of August 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 26% of local median household income ($67,788/yr), Glens Falls ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.

FAQ

Frequently asked questions

Is Glens Falls an affordable city for renters?

Glens Falls is considered affordable for renters. At $1,462/mo, rent takes approximately 26% 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 $58,000/year (~$28/hour full-time) to afford the median rent of $1,462/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 5.7% over the past year as of August 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 #103 out of 125 tracked cities at $1,462/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 $1,462/mo is $500 (25%) below the US national median of $1,962/mo. Within New York, it ranks #103 out of 125 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,462/mo, rent takes ~26% of Glens Falls's median household income ($67,788/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Glens Falls, NY

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