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City · 28,631 residents · Saratoga County, New York

Saratoga Springs , New York

In Saratoga Springs, a typical home is worth $478,100 and typical rent is $1,470 a month. Compared with all of Saratoga County, the typical home value is 37% higher, typical rent is 5% higher, and the share of households that own their home is 15 points lower.

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  • Typical home value

    $478,100

    37% above the county

    13% above New York

    • Saratoga Springs
    • Saratoga
    • New York

  • Typical rent

    $1,470a month

    5% above the county

    9% below New York

    • Saratoga Springs
    • Saratoga
    • New York

  • Typical household income

    $105,944a year

    5% above the county

    23% above New York

    • Saratoga Springs
    • Saratoga
    • New York

  • Households that own their home

    58%

    15 points below the county

    3 points above New York

    • Saratoga Springs
    • Saratoga
    • New York

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

Market now, with Zillow data

Zillow data
Typical home value
$656,614
7% more than 12 months ago
Typical rent
$2,165 a month
5.8% more than 12 months ago

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

Saratoga Springs 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 Saratoga Springs 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: 61% less than in Saratoga Springs ($478,100).

  2. The typical home in Saratoga Springs is worth $478,100, 37% more than in Saratoga County as a whole ($348,600).

  3. Nearby, in Mechanicville, the typical rent is $1,070: 27% less than in Saratoga Springs ($1,470).

  4. 58% of households in Saratoga Springs own their home, against 72% in Saratoga County.

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

The homes here

Housing in Saratoga Springs

What homes there are in Saratoga Springs, 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

No kind of home is the majority in Saratoga Springs; the largest group, detached houses, adds up to 48%, less than in Saratoga County (62%).

Year built

Homes in Saratoga Springs are older: the typical year built is 1975; in Saratoga County, 1984.

In Saratoga Springs, 22% of homes have 1 bedroom or none (studios); 50% have 3 bedrooms or more, against 63% in Saratoga County.

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

About 60% of rented homes in Saratoga Springs cost less than HUD's 2-bedroom fair market rent for Saratoga County ($1,711); the rest cost more.

With a mortgage

$2,554 a month

Saratoga County: $2,088 a month

Without a mortgage

$850 a month

Saratoga County: $764 a month

Owners with a mortgage

61%

Saratoga County: 62%

Owning costs more in Saratoga Springs: with a mortgage, the typical cost is $2,554 a month; in Saratoga County, $2,088. Without one, $850.

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

From 2015–2019 to 2020–2024, the typical home value in Saratoga Springs rose 31%; in Saratoga County, it rose 35%.

Rents in Saratoga Springs rose more slowly than in Saratoga County: 14% since 2015–2019, against 23%.

While home values in Saratoga Springs changed +31% and rent +14%, the typical household income rose 28%.

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

MeasureSaratoga SpringsSaratoga 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 1.952.302.492.53
Drive alone 61%74%49%69%
Carpool 4%6%6%9%
Public transit Unreliable estimate1%22%3%
Walk or bike 7%2%6%3%
Work from home 26%17%15%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 1.95 on average, against 2.30 in Saratoga County.

In Saratoga Springs, 26% of workers work from home, more than in Saratoga County (17%).

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 Saratoga Springs?

A typical home costs more than the typical income allows

We start with a typical home in Saratoga Springs, worth $478,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 46% of the typical household income in Saratoga Springs, which is $105,944 a year. For that payment to be 28% of income, a household would need to earn about $175,065 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 Saratoga Springs. 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 $16,734 (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

$4,085

at 7.18% · 30 years

Loan amount
$469,440
Total interest
$675,414
Paid off in
November 2056

Includes $8,074 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,472 a month

  • Tight

    $2,472 to $3,178 a month

  • Hard

    more than $3,178 a month

    Your payment · 46%

Compared with the typical household income in Saratoga Springs ($105,944 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,085
Principal & interest$3,180
Property tax$494
Home insurance$199
FHA mortgage insurance (MIP)$211

You need at least $16,734 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

Saratoga Springs and Saratoga County

Saratoga Springs 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).

Saratoga Springs's own numbers

Typical home value
$478,100
Typical monthly rent
$1,470
Typical yearly household income
$105,944
Households that own their home
58%
Effective property tax rate
1.24%

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 Saratoga Springs

A typical home in Saratoga Springs is worth $478,100: 37% above the county and 13% above New York. With the typical household income in Saratoga Springs ($105,944 a year), a typical home costs 4.5 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.

  • Saratoga Springs 4.5 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

Saratoga Springs 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
  • Saratoga Springs $478,100
  • Saratoga $348,600
  • New York $423,800
  • United States $332,700
Typical monthly rent
  • Saratoga Springs $1,470
  • Saratoga $1,394
  • New York $1,621
  • United States $1,413
Typical yearly household income
  • Saratoga Springs $105,944
  • Saratoga $100,787
  • New York $85,974
  • United States $80,734
See the full table
Saratoga Springs next to Saratoga County and New York
Measure Saratoga Springs Saratoga County New York U.S.
Typical home value $478,100 $348,600 $423,800 $332,700
Typical monthly rent $1,470 $1,394 $1,621 $1,413
Typical yearly household income $105,944 $100,787 $85,974 $80,734
Households that own their home 58% 72% 54% 65%
Typical yearly property tax $5,933 $4,875 $6,582 $3,119
Effective property tax rate 1.24% 1.4% 1.55% 0.94%
Renters with high rent for their income 41% 41% 52% 51%

“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 Saratoga Springs

For a typical $478,100 home in Saratoga Springs, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Saratoga Springs's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,085a month

    Least cash to close
    Down payment
    $16,734
    Cash to close
    $31,077
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $211

  • Conventional, 5% down $3,997a month

    Down payment
    $23,905
    Cash to close
    $38,248
    Rate
    7.18%
    Mortgage insurance
    PMI · $227

  • Conventional, 20% down, no PMI $3,284a month

    Down payment
    $95,620
    Cash to close
    $109,963
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,726a month

    Down payment
    $71,715
    Cash to close
    $86,058
    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 Saratoga Springs and for Saratoga County.

Property tax

Effective rate in Saratoga Springs

1.24%of the home’s value each year

$5,933 a year for the typical owner in Saratoga Springs.

  • Saratoga Springs 1.24%
  • 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 Saratoga Springs

Typical rent in Saratoga Springs is $1,470 a month: 5% above the county. In Saratoga Springs, 41% of renter households pay 30% or more of their income in rent.

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 Saratoga Springs

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Saratoga Springs is in ZIP code 12866.

For 2 bedrooms it is $2,330: $619 more than the fair market rent for Saratoga County ($1,711).

  • 12866 $2,330$2,780

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Saratoga Springs 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 Saratoga Springs

HUD lists 7 buildings with rents for lower incomes in Saratoga Springs. These are the largest.

  • Jefferson / Vanderbilt Terrace 28C1 Jefferson Ter, Saratoga Springs 12866 163 low-income homes · Run by Saratoga Springs Housing Authority · Average payment: $630 a month · Average wait: 17 months (518) 584-6600
  • Embury Revitalization 133 Lawrence St, Saratoga Springs 12866 192 homes, 136 low-income · Studio: 72 · 1 bd: 104 · 2 bd: 16 · In service since 2010 · For older adults, people with disabilities
  • Raymond Watkins Apartments 57 Ballston Ave, Saratoga Springs 12866 111 low-income homes · For older adults (901) 759-1855
  • Westview Apts 125 West Ave, Saratoga Springs 12866 105 homes, 104 low-income · 1 bd: 76 · 2 bd: 29 · In service since 2007 · For older adults
  • Kirby Village 9 Kirby Rd, Saratoga Springs 12866 32 low-income homes · 1 bd: 32 · In service since 2004 · For older adults

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

Free help

Help to buy or rent in Saratoga Springs

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 grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Saratoga Springs

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

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

Housing counselors near Saratoga Springs

The HUD-approved agencies closest to the center of Saratoga Springs, 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 · 19 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 · 23 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 · 28 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 Saratoga Springs

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 Saratoga Springs

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

  • Saratoga Springs Housing Authority Public housing and Section 8 vouchers (518) 584-6600

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 Saratoga Springs, 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 Saratoga Springs.

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

Questions

Housing questions about Saratoga Springs

Short answers with the numbers for Saratoga Springs 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 Saratoga Springs?

The typical home value in Saratoga Springs is $478,100, 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 Saratoga Springs?

Typical rent in Saratoga Springs is $1,470 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 Saratoga Springs?

Saratoga Springs 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 Saratoga Springs?

The typical homeowner in Saratoga Springs pays $5,933 a year, according to the U.S. Census Bureau. That is 1.24% of the home’s value; in Saratoga County, the rate is 1.4%.

Where can I find free help to buy or rent in Saratoga Springs?

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).