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These days, finding an affordable place to live in the Saratoga area can be challenging. Home prices in Saratoga are now at a median cost of $351,722, higher than the Minnesota average of $345,793.
The average cost of rent is $1,065/mo in Saratoga, primarily driven by the current value of real estate in the Saratoga area. In Saratoga, 16.26% of households rent, and 35.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saratoga is $8,809 per month. Households that rent pay about 12.09% of their income on rent here. Saratoga’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
- St. Charles, MN: less expensive homes
- Troy, MN: less expensive homes
- Dover, MN: equally priced homes
- Cummingsville, MN: equally priced homes
- Utica, MN: less expensive homes
- Chatfield, MN: less expensive homes
- Fremont, MN: less expensive homes
- Eyota, MN: equally priced homes
- Predmore, MN: higher priced homes
- Fountain, MN: less expensive homes
Cities with Similar Populations
- Foraker, KY: less expensive homes
- Tin Cup, TN: less expensive homes
- Tiller Crossroads, AL: less expensive homes
- Tigertown, TX: less expensive homes
- Freeburg, MN: less expensive homes
- Fraser, IA: less expensive homes
- Franklin, CA: higher priced homes
- Foxport, KY: less expensive homes
- Four Forks, AR: less expensive homes
- Fortescue, NJ: less expensive homes
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