Saginaw
Michigan · Ranked #12 of 373 metros
95Affordable
💡
Housing in Saginaw costs 2.47× the median income, below the national average of 4.5×. The median home price is $146K and median rent is $917/month. Saginaw ranks #12 of 373 metros for affordability.
Median Home Price
🏠$146K
Need $43K income
Median Rent
🔑$917
Need $37K income
Building Permits
🔨141
annual
Median Income
💰$59K
Pop: 195,210
Rent Burden
⚠️27.2%
of renters paying >30%
Homeownership
🏡77.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Saginaw | National |
|---|---|---|
| Price-to-Income Ratio | 2.47x | 6.1x |
| Rent Burden | 27.2% | 31.5% |
| Homeownership Rate | 77.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +63.2%Since 2000: +88.9%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$770/mo
1 Bedroom$851/mo
2 Bedroom$1,117/mo
3 Bedroom$1,440/mo
4 Bedroom$1,479/mo
Zillow Market Data
Home Value (ZHVI)
$162K
1yr: +6.9%5yr: +46.7%
Rent (ZORI)
$1,003/mo
1yr: +3.6%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$235K
Active Inventory
16
Days on Market
4
Sold Above List
60.0%
Price Drops
12.5%