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Affordable
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These days, finding an affordable place to live in the 04038 area can be challenging. Home prices in 04038 are now at a median cost of $443,723, higher than the Maine average of $330,167.
The average cost of rent is $1,744/mo in 04038, primarily driven by the current value of real estate in the 04038 area. In 04038, 18.54% of households rent, and 34.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04038 is $9,381 per month. Households that rent pay about 18.59% of their income on rent here. 04038’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern 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
- 04092, ME: less expensive homes
- 04093, ME: less expensive homes
- 04084, ME: less expensive homes
- 04103, ME: higher priced homes
- 04102, ME: higher priced homes
- 04074, ME: higher priced homes
- 04105, ME: higher priced homes
- 04042, ME: less expensive homes
- 04101, ME: higher priced homes
- 04106, ME: equally priced homes
Zip Codes with Similar Populations
- 37090, TN: less expensive homes
- 70128, LA: less expensive homes
- 02066, MA: higher priced homes
- 07746, NJ: higher priced homes
- 93950, CA: higher priced homes
- 86404, AZ: higher priced homes
- 01950, MA: higher priced homes
- 00782, PR: less expensive homes
- 44647, OH: less expensive homes
- 61364, IL: less expensive homes
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