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These days, finding an affordable place to live in the Saks area can be challenging. Home prices in Saks are now at a median cost of $135,566, lower than the Alabama average of $228,911.
The average cost of rent is $874/mo in Saks, primarily driven by the current value of real estate in the Saks area. In Saks, 28.82% of households rent, and 41.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saks is $5,208 per month. Households that rent pay about 16.79% of their income on rent here. Saks’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fosheeton, AL: higher priced homes
- Blue Mountain, AL: less expensive homes
- Weaver, AL: higher priced homes
- Anniston, AL: higher priced homes
- Alexandria, AL: higher priced homes
- West End-Cobb Town, AL: less expensive homes
- Hobson City, AL: equally priced homes
- Middleton, AL: less expensive homes
- Vinnette, AL: less expensive homes
- Jacksonville, AL: higher priced homes
Cities with Similar Populations
- Lander, WY: higher priced homes
- Lake Hiawatha, NJ: higher priced homes
- Lake Monticello, VA: higher priced homes
- Lakeport, CA: higher priced homes
- Lakeville, MA: higher priced homes
- Lambertville, MI: higher priced homes
- Lamesa, TX: less expensive homes
- Lampasas, TX: higher priced homes
- Lancaster, KY: higher priced homes
- Landenberg, PA: higher priced homes
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