Metro FMR · CBSA 24020 · HUD FY2026
Glens Falls, NY MSA Fair Market Rent
HUD's FY2026 Fair Market Rent for the Glens Falls, NY MSA metro area - 11% above the US average.
- $1,066
- 1-bedroom FMR
- $1,348
- 2-bedroom FMR
- -1.2%
- YoY change
- +11%
- vs US avg
The verdict
A 2-bedroom in the Glens Falls, NY MSA area rents at $1,348 under HUD's FY2026 Fair Market Rent - 15% above the US average, higher than 56% of the 387 metro areas HUD tracks.
- #170
- priciest of 387 US metros (2BR)
- +15%
- vs the US 2-bedroom average
- $53,920
- income to afford it (30% rule)
- -1.2%
- 1BR change, FY2025→2026
Affordability & income context
Glens Falls: #170 priciest nationally · income context
At the metro's ACS median household income of $74,953, this 1-bedroom FMR takes 17.1% of annual income. It is well below the 30% affordability guide for a median-income household.
The 2-bedroom figure places Glens Falls in the middle half of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.
With 126,994 residents, this is a smaller-metro benchmark rather than a single-neighborhood rent quote.
Population has held roughly steady over the past five years (+0.1%, Census ACS).
The ACS rental vacancy rate here is 6.7%, close to the range where market rents and HUD's FMR benchmark tend to track each other.
The Census ACS median gross rent across all rental units here is $1,053/month - the FY2026 HUD two-bedroom FMR of $1,348 runs 28.0% above that all-unit-types median. The two figures measure different things (ACS covers every rented unit; FMR targets a specific bedroom count), so a gap is expected, not an error.
Its 2-bedroom FMR sits in the middle half of HUD metro areas, so the local-income comparison is more informative than the national rank alone.
The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.
Observed renter burden: 44.3% of the 14,257 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.
ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.
Studio
$1,041/mo
16.7% of median income
1 Bedroom
$1,066/mo
17.1% of median income
2 Bedroom
$1,348/mo
21.6% of median income
3 Bedroom
$1,742/mo
27.9% of median income
4 Bedroom
$1,785/mo
28.6% of median income
FMR filing desk
CBSA CBSA·24020
Glens Falls: $1,066/mo 1BR · #170 of 387 metros (2BR) · FY2026 CBSA 24020
- CBSA 24020
- 1BR-FMR $1,066
- 2BR-FMR $1,348
- RANK-MID #170
- YOY-FLAT -1.2%
- VSUS-ABOVE +11%
- IN-ST-LOW #4 NY
- INC-ROOM 17%
- POP-MID 127K
- PHOTO-NEAR Albany-Schenectady
- VOUCH-90-110 $959–$1,173
- FY-2026 FY2026
Photo-finish peer: Albany-Schenectady-Troy ($351 1BR gap)
Read with: How Fair Market Rent works
Where Glens Falls sits among every US metro
2-bedroom Fair Market Rent vs. all 387 HUD metro areas
$1,348 higher than 56% of 387 metro areas
Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
What this shows #170 of 387 HUD-tracked metro areas, 15% above the national 2-bedroom average. 94 other metro areas fall in this same rent band.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
CBSA 24020
Counties inside Glens Falls
Across 2 HUD counties in CBSA 24020, 2-bedroom FMRs cluster tightly ($1,348–$1,348, 0% spread), so the metro-wide schedule tracks most constituent counties closely.
Glens Falls studio–4BR schedule (FY2026) · 2BR #170 nationally
1BR $1,066 (+11% vs US, -1.2% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 24020.
How Glens Falls compares on 1-bedroom rent
1-bedroom FMR vs other NY metro areas
- Ithaca
Ithaca, NY MSA
$1,466 1BR FMR / mo
- Albany-Schenectady-Troy
Albany-Schenectady-Troy, NY MSA
$1,417 1BR FMR / mo
- Buffalo-Cheektowaga
Buffalo-Cheektowaga, NY MSA
$1,139 1BR FMR / mo
- Glens Falls
Glens Falls, NY MSA
$1,066 1BR FMR / mo
- Elmira
Elmira, NY MSA
$978 1BR FMR / mo
- Binghamton
Binghamton, NY MSA
$868 1BR FMR / mo
What this shows Glens Falls highlighted among 5 peers · FY2026 1BR HUD FMR.
Glens Falls: out-of-state FMR & burden peers
PlainRent pairs Glens Falls with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside NY (burden peers exclude the FMR set; pop ≥50k).
2BR FMR · outside NY
Nearest schedules by 2BR delta (FY2026).
Burden % · outside NY
Nearest 2BR FMR ÷ ACS median income (FY2026).
Glens Falls: quick answers
What is the average rent in the Glens Falls, NY MSA metro area? ▼
How does Glens Falls, NY MSA rent compare to the national average? ▼
Where does Glens Falls rank nationally for Fair Market Rent? ▼
Do county rents differ inside the Glens Falls metro area? ▼
Is Glens Falls's population growing, and how tight is its rental market? ▼
Compare Glens Falls vs Albany-Schenectady-Troy →
What this means for renters
Treat Glens Falls's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,066 implies about $42,640/yr to rent without being cost-burdened. Run your numbers
- See how Glens Falls stacks up against a comparable metro before assuming this figure applies elsewhere. Compare vs Albany-Schenectady-Troy
- See where Glens Falls ranks nationally on rent. National rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. This is a metro-wide figure across 2 counties; actual asking rents in any specific county can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.
Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.