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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 $215,732, lower than the Montana average of $409,886.
The average cost of rent is $473/mo in Saco, primarily driven by the current value of real estate in the Saco area. In Saco, 19.56% of households rent, and 72.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saco is $4,458 per month. Households that rent pay about 10.61% of their income on rent here. Saco’s most expensive areas are in the southern 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
- Hinsdale, MT: less expensive homes
- Whitewater, MT: equally priced homes
- Malta, MT: equally priced homes
- Wagner, MT: higher priced homes
- Tampico, MT: higher priced homes
- Loring, MT: equally priced homes
- Morgan, MT: equally priced homes
- St. Marie, MT: higher priced homes
- Glasgow, MT: equally priced homes
- Vandalia, MT: higher priced homes
Cities with Similar Populations
- South Auburn, PA: higher priced homes
- Freedom, WI: higher priced homes
- Gainestown, AL: less expensive homes
- Galesburg, KS: less expensive homes
- Garden City, TX: higher priced homes
- Georgetown, NY: less expensive homes
- Gorham, KS: less expensive homes
- Graysville, PA: equally priced homes
- Kilbourne, LA: less expensive homes
- Segars, SC: less expensive homes
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