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 $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.


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