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Affordable
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These days, finding an affordable place to live in the 04020 area can be challenging. Home prices in 04020 are now at a median cost of $273,848, lower than the Maine average of $330,167.
The average cost of rent is $1,193/mo in 04020, primarily driven by the current value of real estate in the 04020 area. In 04020, 17.89% of households rent, and 34.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04020 is $5,743 per month. Households that rent pay about 20.78% of their income on rent here. 04020’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 04091, ME: equally priced homes
- 04047, ME: equally priced homes
- 04041, ME: equally priced homes
- 04068, ME: less expensive homes
- 04049, ME: equally priced homes
- 04048, ME: equally priced homes
- 04024, ME: equally priced homes
- 04085, ME: equally priced homes
- 04056, ME: higher priced homes
- 04029, ME: higher priced homes
Zip Codes with Similar Populations
- 27981, NC: higher priced homes
- 95937, CA: higher priced homes
- 77865, TX: less expensive homes
- 13304, NY: less expensive homes
- 29014, SC: less expensive homes
- 65535, MO: less expensive homes
- 66968, KS: less expensive homes
- 72658, AR: less expensive homes
- 12548, NY: less expensive homes
- 74723, OK: less expensive homes
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