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These days, finding an affordable place to live in the Saco area can be challenging. Home prices in Saco are now at a median cost of $82,263, lower than the Alabama average of $228,911.
The average cost of rent is $615/mo in Saco, primarily driven by the current value of real estate in the Saco area. In Saco, 32.70% of households rent, and 58.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saco is $4,212 per month. Households that rent pay about 14.61% of their income on rent here. Saco’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Postoak, AL: less expensive homes
- Sandfield, AL: higher priced homes
- Linwood, AL: equally priced homes
- Blues Old Stand, AL: less expensive homes
- Inverness, AL: less expensive homes
- Logton, AL: equally priced homes
- Almeria, AL: less expensive homes
- Catalpa, AL: higher priced homes
- Perote, AL: higher priced homes
- Josie, AL: higher priced homes
Cities with Similar Populations
- La Huerta, NM: higher priced homes
- Kirk, TX: higher priced homes
- Kirkland Junction, AZ: higher priced homes
- Kisatchie, LA: higher priced homes
- Zarephath, NJ: higher priced homes
- Klondike, MS: higher priced homes
- Klondyke, AZ: higher priced homes
- Knickerbocker, TX: higher priced homes
- Koko, TN: higher priced homes
- Kosmos, WA: higher priced homes
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