Glens Falls, NY at a glance
Median household income
$67,788$5,649 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Glens Falls, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Glens Falls, NY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Glens Falls, NY MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,041 | $12,492 | $41,640 | 18.4% |
| 1-Bedroom Apartment | $1,066 | $12,792 | $42,640 | 18.9% |
| 2-Bedroom ApartmentBenchmark | $1,348 | $16,176 | $53,920 | 23.9% |
| 3-Bedroom Home | $1,742 | $20,904 | $69,680 | 30.8% |
| 4-Bedroom Home | $1,785 | $21,420 | $71,400 | 31.6% |
What a typical income covers in Glens Falls, NY
The 50/30/20 rule applied to the local median of $67,788 a year ($5,649 a month before tax).
What $67,788 leaves after New York taxes
Federal income tax, Social Security, Medicare and New York tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in New York
Living in Glens Falls, NY: common questions
What is the median household income in Glens Falls, NY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Glens Falls, NY is $67,788 per year (approximately $5,649 per month).
What is the average rent in Glens Falls, NY?
The closest official figure is HUD's Fair Market Rent for 2026: $1,041 for a studio, $1,066 for one bedroom, $1,348 for two, $1,742 for three and $1,785 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Glens Falls, NY expensive to live in?
Prices there run 5.1% below the U.S. average. BEA's regional price parity for the metro area is 94.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Glens Falls, NY?
To keep a $1,348 two-bedroom under 30% of gross income, a household needs about $53,920 a year, or $4,493 a month. That is 80% of what the typical household in Glens Falls, NY earns.
How much do you need to live comfortably in Glens Falls, NY?
On the local median income of $67,788 ($5,649 a month before tax), the 50/30/20 rule leaves $2,825 a month for needs like rent, utilities and groceries, $1,695 for everything else and $1,130 for savings or debt. A two-bedroom at $1,348 takes 48% of the needs share.
How much is the electric bill in Glens Falls, NY?
Homes in New York paid 29.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $265. Your bill depends mostly on heating and cooling.