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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 $160,898, lower than the New York average of $481,023.
The average cost of rent is $962/mo in Glens Falls, primarily driven by the current value of real estate in the Glens Falls area. While nearly 29.32% of residents own their homes outright in Glens Falls, 44.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Glens Falls is $5,627 per month. Households that rent pay about 17.09% of their income on rent here. Glens Falls's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- South Glens Falls, NY: higher priced homes
- West Glens Falls, NY: higher priced homes
- Queensbury, NY: higher priced homes
- Glens Falls North, NY: higher priced homes
- Hudson Falls, NY: less expensive homes
- Fort Edward, NY: higher priced homes
- Vaughns Corners, NY: higher priced homes
- Lake Sunnyside, NY: higher priced homes
- Lake Vanare, NY: higher priced homes
- Kingsbury, NY: higher priced homes
Cities with Similar Populations
- St. Simons, GA: higher priced homes
- Fort Hunt, VA: higher priced homes
- Fort Lewis, WA: higher priced homes
- Fort Mohave, AZ: higher priced homes
- Fort Morgan, CO: higher priced homes
- Franklinton, NC: equally priced homes
- Fraser, MI: equally priced homes
- Galax, VA: less expensive homes
- Garrochales, PR: less expensive homes
- Gladeview, FL: higher priced homes
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