The Most Affordable Neighborhoods in Glens Falls, NY by Home Value

 

Glens Falls, NY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Glens Falls area can be challenging. Home prices in Glens Falls are now at a median cost of $215,268, lower than the New York average of $610,895.

The average cost of rent is $1,114/mo in Glens Falls, primarily driven by the current value of real estate in the Glens Falls area. In Glens Falls, 47.72% of households rent, and 31.22% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Glens Falls is $6,175 per month. Households that rent pay about 18.04% of their income on rent here. Glens Falls’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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