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City · 5,027 residents · Saratoga County, New York

Ballston Spa , New York

In Ballston Spa, a typical home is worth $308,200 and typical rent is $1,122 a month. Compared with all of Saratoga County, typical rent is 20% lower, the typical home value is 12% lower, and the share of households that own their home is 7 points lower.

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  • Typical home value

    $308,200

    12% below the county

    27% below New York

    • Ballston Spa
    • Saratoga
    • New York

  • Typical rent

    $1,122a month

    20% below the county

    31% below New York

    • Ballston Spa
    • Saratoga
    • New York

  • Typical household income

    $101,667a year

    About the same as the county

    18% above New York

    • Ballston Spa
    • Saratoga
    • New York

  • Households that own their home

    66%

    7 points below the county

    11 points above New York

    • Ballston Spa
    • Saratoga
    • New York

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$431,230
4.8% more than 12 months ago
Typical rent
$2,001 a month
4.4% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Ballston Spa is in Saratoga County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Saratoga County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ballston Spa apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Mechanicville, the typical home value is $186,500: 39% less than in Ballston Spa ($308,200).

  2. The typical rent in Ballston Spa is $1,122 a month, 20% less than in Saratoga County as a whole ($1,394).

  3. 66% of households in Ballston Spa own their home, against 72% in Saratoga County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Ballston Spa

What homes there are in Ballston Spa, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Ballston Spa: 61% of homes, near the figure in Saratoga County (62%).

Year built

Old homes abound here: at least half date from before 1940, and 66% were built before 1960.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,938 a month

Saratoga County: $2,088 a month

Without a mortgage

$655 a month

Saratoga County: $764 a month

Owners with a mortgage

76%

Saratoga County: 62%

The typical cost for an owner with a mortgage in Ballston Spa is $1,938 a month, less than in Saratoga County ($2,088); without one, $655.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Saratoga County, the typical home value in Ballston Spa rose 36% since 2015–2019.

The typical rent in Ballston Spa stayed about the same over that time: the difference is within the Census margin of error.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureBallston SpaSaratoga CountyNew YorkUnited States
Rental vacancy Unreliable estimate4.6%3.8%5.5%
Homeowner vacancy Unreliable estimate0.5%1.1%0.9%
More than one person per room Unreliable estimate1.2%5.3%3.4%
People per household 2.292.302.492.53
Drive alone 75%74%49%69%
Carpool Unreliable estimate6%6%9%
Public transit Unreliable estimate1%22%3%
Walk or bike Unreliable estimate2%6%3%
Work from home 19%17%15%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Saratoga County, a household in Ballston Spa has 2.29 people on average.

To get to work, 75% of workers in Ballston Spa drive alone; in Saratoga County, 74%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Ballston Spa?

A typical home is tight for the typical income

We start with a typical home in Ballston Spa, worth $308,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Ballston Spa, which is $101,667 a year. For that payment to be 28% of income, a household would need to earn about $118,247 a year.

The calculator's FHA and conventional loan limits are those of all of Saratoga County.

Your numbers

Local data
$

Starts at the typical home value in Ballston Spa. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,787 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,759

at 7.18% · 30 years

Loan amount
$302,618
Total interest
$435,396
Paid off in
November 2056

Includes $5,205 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,372 a month

  • Tight

    $2,372 to $3,050 a month

    Your payment · 33%

  • Hard

    more than $3,050 a month

Compared with the typical household income in Ballston Spa ($101,667 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,759
Principal & interest$2,050
Property tax$444
Home insurance$128
FHA mortgage insurance (MIP)$136

You need at least $10,787 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Ballston Spa and Saratoga County

Ballston Spa is in Saratoga County, New York. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Ballston Spa's own numbers

Typical home value
$308,200
Typical monthly rent
$1,122
Typical yearly household income
$101,667
Households that own their home
66%
Effective property tax rate
1.73%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Saratoga County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,711
Price change over 5 years (FHFA)
+52%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Saratoga County.

Everything about Saratoga County

Buying

Buying a home in Ballston Spa

A typical home in Ballston Spa is worth $308,200: 12% below the county and 27% below New York. With the typical household income in Ballston Spa ($101,667 a year), a typical home costs 3.0 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Ballston Spa 3.0 years
  • Saratoga 3.5 years
  • New York 4.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Saratoga County

According to FHFA’s house price index, home prices in Saratoga County rose 73% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Saratoga County.

Period County New York U.S.
Last year (2025) +6.8% +6.0% +2.9%
5 years (2020–2025) +52% +52% +47%
10 years (2015–2025) +73% +86% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Ballston Spa next to Saratoga County, New York and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Ballston Spa $308,200
  • Saratoga $348,600
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Ballston Spa $1,122
  • Saratoga $1,394
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Ballston Spa $101,667
  • Saratoga $100,787
  • New York $85,974
  • United States $80,734
See the full table
Ballston Spa next to Saratoga County and New York
Measure Ballston Spa Saratoga County New York U.S.
Typical home value $308,200 $348,600 $423,800 $332,700
Typical monthly rent $1,122 $1,394 $1,621 $1,413
Typical yearly household income $101,667 $100,787 $85,974 $80,734
Households that own their home 66% 72% 54% 65%
Typical yearly property tax $5,335 $4,875 $6,582 $3,119
Effective property tax rate 1.73% 1.4% 1.55% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Saratoga County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Ballston Spa

For a typical $308,200 home in Ballston Spa, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ballston Spa's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,759a month

    Least cash to close
    Down payment
    $10,787
    Cash to close
    $20,033
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $136

  • Conventional, 5% down $2,703a month

    Down payment
    $15,410
    Cash to close
    $24,656
    Rate
    7.18%
    Mortgage insurance
    PMI · $146

  • Conventional, 20% down, no PMI $2,243a month

    Down payment
    $61,640
    Cash to close
    $70,886
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,528a month

    Down payment
    $46,230
    Cash to close
    $55,476
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Ballston Spa and for Saratoga County.

Property tax

Effective rate in Ballston Spa

1.73%of the home’s value each year

$5,335 a year for the typical owner in Ballston Spa.

  • Ballston Spa 1.73%
  • Saratoga 1.4%
  • New York 1.55%

What New York publishes Basic STAR school tax relief (New York State Department of Taxation and Finance)

Exemptions and deadlines in New York

Flood risk in Saratoga County

FEMA does not publish these numbers by city: they are for all of Saratoga County.

FEMA’s maps count no homes in the high-risk zone in Saratoga County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ballston Spa

Typical rent in Ballston Spa is $1,122 a month: 20% below the county.

HUD publishes a fair market rent for all of Saratoga County, by unit size. To pay the 2-bedroom one ($1,711 a month) without spending more than 30% of your income, you would need to earn $32.90 an hour working full time.

HUD fair market rent for all of Saratoga County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,238 $23.81 $49,520
1 bedroom $1,425 $27.40 $57,000
2 bedrooms $1,711 $32.90 $68,440
3 bedrooms $2,039 $39.21 $81,560
4 bedrooms $2,249 $43.25 $89,960

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Ballston Spa

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ballston Spa is in ZIP code 12020.

For 2 bedrooms it is $2,110: $399 more than the fair market rent for Saratoga County ($1,711).

  • 12020 $2,110$2,510

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ballston Spa when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Ballston Spa

HUD lists 6 buildings with rents for lower incomes in Ballston Spa. These are the largest.

  • Terrace Pines 110 Brookline Rd, Ballston Spa 12020 192 low-income homes · 1 bd: 38 · 2 bd: 126 · 3 bd: 28 · In service since 1997
  • Doubleday Woods 91 Church Ave, Ballston Spa 12020 96 homes, 95 low-income · For older adults (518) 885-1900
  • Blue Heron Apartments 5101 Blue Heron Way, Ballston Spa 12020 60 low-income homes · 1 bd: 12 · 2 bd: 36 · 3 bd: 12 · In service since 2017
  • Ballston Pines 155 Rowland St, Ballston Spa 12020 32 low-income homes · 1 bd: 32 · In service since 1999 · For older adults
  • Milton Treeview Apts 300 Northline Rd, Ballston Spa 12020 32 low-income homes · 1 bd: 32 · In service since 1997 · For older adults

See all 27 buildings in Saratoga County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Ballston Spa

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Saratoga County. The nearest ones are below; many serve by phone or online.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Ballston Spa

No down payment, repair or rent-help program on our list is for Ballston Spa or Saratoga County. The ones below are statewide in New York: they work in Ballston Spa the same as in the rest of the state.

Which programs do I qualify for? All programs in New York

Housing counselors near Ballston Spa

The HUD-approved agencies closest to the center of Ballston Spa, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • BETTER COMMUNITY NEIGHBORHOODS, INC. (formerly Better Neighborhoods, Inc.)

    816 Union St, Schenectady · 14 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (518) 372-7616

  • Troy Rehabilitation and Improvement Program

    415 River St Ste 2, Troy · 20 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (518) 690-0020

  • Affordable Housing Partnership

    255 Orange St Ste 105, Albany · 24 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (518) 434-1730

All counseling agencies in New York

Help in Spanish near Ballston Spa

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Ballston Spa

HUD’s record names them for Ballston Spa or Saratoga County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

27 other authorities have an office in Saratoga County: see the list Source: HUD

Cities

Other cities in Saratoga County

These cities are also in Saratoga County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Saratoga County Housing in New York

Nearby cities

The cities closest to Ballston Spa, with the typical home value.

Neighboring counties

If Saratoga County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Ballston Spa.

All guides
A smiling girl holds up a small mushroom she found on a forest outing.

Questions

Housing questions about Ballston Spa

Short answers with the numbers for Ballston Spa and all of Saratoga County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Ballston Spa?

The typical home value in Ballston Spa is $308,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Saratoga County it is $348,600.

How much does it cost to rent in Ballston Spa?

Typical rent in Ballston Spa is $1,122 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Saratoga County is $1,711.

What is the FHA loan limit in Ballston Spa?

Ballston Spa uses the FHA limit for all of Saratoga County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Ballston Spa?

The typical homeowner in Ballston Spa pays $5,335 a year, according to the U.S. Census Bureau. That is 1.73% of the home’s value; in Saratoga County, the rate is 1.4%.

Where can I find free help to buy or rent in Ballston Spa?

We found no HUD-approved counseling agencies with an office in Saratoga County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).