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These days, finding an affordable place to live in the Sagaponack area can be challenging. Home prices in Sagaponack are now at a median cost of $1,919,430, higher than the New York average of $610,895.
The average cost of rent is $2,559/mo in Sagaponack, primarily driven by the current value of real estate in the Sagaponack area. In Sagaponack, 11.38% of households rent, and 49.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sagaponack is $11,342 per month. Households that rent pay about 22.57% of their income on rent here. Sagaponack’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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