Glens Falls
New York · Ranked #73 of 373 metros
88Affordable
💡
Housing in Glens Falls costs 3.19× the median income, below the national average of 4.5×. The median home price is $233K and median rent is $988/month. Glens Falls ranks #73 of 373 metros for affordability.
Median Home Price
🏠$233K
Need $69K income
Median Rent
🔑$988
Need $40K income
Building Permits
🔨355
annual
Median Income
💰$73K
Pop: 141,263
Rent Burden
⚠️25.7%
of renters paying >30%
Homeownership
🏡73.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Glens Falls | National |
|---|---|---|
| Price-to-Income Ratio | 3.19x | 6.1x |
| Rent Burden | 25.7% | 31.5% |
| Homeownership Rate | 73.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +68.5%Since 2000: +225%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,041/mo
1 Bedroom$1,066/mo
2 Bedroom$1,348/mo
3 Bedroom$1,742/mo
4 Bedroom$1,785/mo
Zillow Market Data
Home Value (ZHVI)
$296K
1yr: +2.6%5yr: +36.2%
Rent (ZORI)
$1,430/mo
1yr: +4.1%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$220K
Active Inventory
28
Days on Market
80
Sold Above List
40.0%
Price Drops
7.1%