Saranac Lake, NY Real Estate

According to census data in the year 2000 there were 2,826 housing units in Saranac Lake. This represents a 7.4% growth from 2,632 in 1990.

Of those housing units, 2,796 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.

Homeownership rate in Saranac Lake is about 45.3%. Saranac Lake's vacancy rate, including seasonal lodging, is about 14.9%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Saranac Lake were built after 1939.


Housing Size

Housing Units by Size
Studio Type7.40%
One Bedroom24.30%
Two Bedrooms29.60%
Three Bedrooms26.10%
Four Bedrooms8.80%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$79,000
Median Price asked for vacant units$55,800

Rented Homes, Apartments and Condos

Average Household Size1.77
Median year structure was built1939
Median Monthly Rent asked for vacant units$428

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan9%
Simple Mortgage46%
Debt Free42.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%