Rent or buy near Malta
Prices and rents side by side, plus the property tax that comes with owning.
$440K to $509KHome prices, our sources
$2,715Ballston Spa median rent, 10 listings
1.4% to 1.5%Effective property tax, estimates
Property tax a year on a $475K home
Low estimate
$6,650
High estimate
$7,125
Our arithmetic from the low and high effective-rate estimates.
Buying
- Ballston Spa, Zillow value: $440.4K
- Saratoga County, Zillow value (Jul 2026): $474.6K
- Clifton Park, RealtyTrac estimate: $485.8K
- Malta, Homes.com average value: $509.4K
Sources mix sold, listed and modeled values, so read this as a range of about $440K to $509K.
Renting
- Ballston Spa median about $2,715, from only 10 listings. That is a very small sample.
- We did not find a larger rent series for Malta.
Property tax
- Most sources put Saratoga County’s effective rate at about 1.40% to 1.50% (the full spread is 1.27% to 1.53%). One source shows a median bill near $4,875 on a $348,600 home.
- The county’s own rate falls from $1.87 to $1.77 per $1,000 of assessed value in 2026. Town and school taxes come on top.
On a home at the middle of the range ($475K), the effective rates above work out to about $6,650 to $7,125 a year. That is our arithmetic, not a published bill, so check a specific parcel with the assessor.
Also in the math
- New York’s top marginal income tax rate is 10.9% per the Tax Foundation. That applies only at high incomes, and we did not verify the brackets, so check the state tax department.
Not covered: mortgage rates, insurance and what rents do once the fab hires. Run your own numbers in the housing calculator, or open the housing guide for the price charts.