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These days, finding an affordable place to live in the Saginaw area can be challenging. Home prices in Saginaw are now at a median cost of $278,000, higher than the Alabama average of $228,911.
The average cost of rent is $957/mo in Saginaw, primarily driven by the current value of real estate in the Saginaw area. In Saginaw, 31.26% of households rent, and 41.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saginaw is $7,901 per month. Households that rent pay about 12.11% of their income on rent here. Saginaw’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dargin, AL: equally priced homes
- Siluria, AL: higher priced homes
- Alabaster, AL: less expensive homes
- Calera, AL: less expensive homes
- Ryan, AL: equally priced homes
- Columbiana, AL: equally priced homes
- Maylene, AL: higher priced homes
- Pelham, AL: higher priced homes
- Montevallo, AL: less expensive homes
- Chelsea, AL: higher priced homes
Cities with Similar Populations
- Healy, KS: less expensive homes
- Whittier, AK: less expensive homes
- Wickliffe, LA: higher priced homes
- Wilda, LA: less expensive homes
- Wilder, TN: less expensive homes
- Windy, KY: less expensive homes
- Holliday Landing, MO: less expensive homes
- Hodgewood, AL: less expensive homes
- Hitesville, KY: less expensive homes
- Hitchcock, IN: less expensive homes
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