Glens Falls vs Plattsburgh: Housing Costs in New York
Side-by-side comparison of home prices, mortgage payments, and housing costs between Glens Falls and Plattsburgh, New York. Using New York's 1.72% property tax rate and $2,100/year insurance. Updated for 2026.
Metric
Glens Falls
Plattsburgh
Median Home Price
$235K
$245K
Population
14,700
19,989
Average Rent
$1,050/mo
$1,120/mo
Est. Monthly Mortgage (P&I)
$1,337/mo
$1,394/mo
Est. Monthly Property Tax
$337/mo
$351/mo
Est. Monthly Insurance
$175/mo
$175/mo
Est. Total PITI
$1,937/mo
$2,012/mo
Price-to-Rent Ratio
18.7
18.2
Verdict
Glens Falls edges out Plattsburgh in affordability, saving you roughly $75/month on total housing costs. Both cities are in New York, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.
Monthly Payment Comparison
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses New York's 1.72% property tax rate.
Glens Falls
Home Price$235,000
Down Payment (10%)$23,500
Loan Amount$211,500
Monthly P&I$1,337
Monthly Property Tax$337
Monthly Insurance$175
Monthly PMI$88
Total PITI$1,937/mo
Annual property tax: $4,042
Plattsburgh
Home Price$245,000
Down Payment (10%)$24,500
Loan Amount$220,500
Monthly P&I$1,394
Monthly Property Tax$351
Monthly Insurance$175
Monthly PMI$92
Total PITI$2,012/mo
Annual property tax: $4,214
Buying in Glens Falls saves you approximately $75/month ($900/year) compared to Plattsburgh, based on median home prices with identical loan terms.
Which City Is Better For...
First-Time Buyers
Glens Falls is the better choice for first-time buyers, with a median price of $235K versus $245K in Plattsburgh. That's $10K less to save for a down payment. You'd need roughly $8K for an FHA 3.5% down payment in Glens Falls, compared to $9K in Plattsburgh. New York offers the SONYMA Achieving the Dream program (Up to $15,000 DPAL) which applies in both cities.
Real Estate Investment
Plattsburgh has the better price-to-rent ratio at 18.2x versus 18.7x in Glens Falls. A lower ratio generally signals better rental income relative to purchase price. Average rent in Plattsburgh is $1,120/month on a $245K median home, making it a stronger candidate for buy-and-rent investors.
Families
Plattsburgh (pop. 19,989) offers more amenities, schools, and services typical of a larger city, while Glens Falls (pop. 14,700) may offer a quieter, more community-oriented lifestyle. Families on a budget may prefer Glens Falls, where lower housing costs free up more income for childcare, education, and savings.