Glen Cove, New York Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Glen Cove, New York rental market.
Glen Cove, New York
Average Apartment Rent
$3,398
Y-o-Y Change in Average
Apartment Rent
2.2%
As of May 2026
Compared to a year ago, Glen Cove, New York apartments have recorded a 2.2% rent increase.
Glen Cove, New York Average apartment rent trend
Glen Cove, New York Average Apartment Rent
Glen Cove, New York Apartment rent ranges
At 73.16%, apartments priced Over $3,000 represent the bulk of Glen Cove, New York rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 4.2%.
Glen Cove, New York Housing tenure**
Renters take up 43% of Glen Cove, New York real estate, occupying a total of 4,641 units, while homeowners live in 6,050 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$56,607
Average household size of renter-occupied housing units**
2.44
Rental vacancy rate**
2.1%
Glen Cove, New York Renter-occupied housing units by no. of bedrooms**
There are 1,466 rentals in Glen Cove, New York with 2 beds making up the highest share of the market, at 32%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 93 units. Overall, the median number of rooms in Glen Cove, New York homes for rent is 3.9.
Glen Cove, New York Renter-occupied units by age of householder**
Most condos for rent in Glen Cove, New York are occupied by residents in the 35 - 44 years age group (20%), followed by those in the 25 - 34 years age group (18%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 4%.
Glen Cove, New York Renter-occupied housing units by family type**
Glen Cove, New York Renter-occupied housing units by the presence of own children**
A total of 2,463 apartments for rent in Glen Cove, New York, or 53% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 1,660 units. All in all, the median size of a renter-occupied household in Glen Cove, New York is 2.44.
Glen Cove, New York Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 14% of the homes for rent in Glen Cove, New York.
Glen Cove, New York Renter-occupied units by year structure built**
The highest share of Glen Cove, New York apartment rentals, namely 21% or 961 units, were Built 1950 - 1959, followed by those Built 1939 or earlier (17%, 782 units), and the ones Built 1970 - 1979 (13%, 601 units).
Glen Cove, New York Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Glen Cove, New York renters (41%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Glen Cove, New York condos for rent is 2016.
Glen Cove, New York Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Glen Cove, New York renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 19% have No vehicle available.
Glen Cove, New York Means of transportation to work of householders living in renter-occupied housing units**
Glen Cove, New York Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Glen Cove, New York apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
