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These days, finding an affordable place to live in the 04040 area can be challenging. Home prices in 04040 are now at a median cost of $201,290, lower than the Maine average of $243,042.
The average cost of rent is $866/mo in 04040, primarily driven by the current value of real estate in the 04040 area. While nearly 50.16% of residents own their homes outright in 04040, 9.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 04040 is $4,425 per month. Households that rent pay about 19.58% of their income on rent here. 04040's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 04057, ME: higher priced homes
- 04009, ME: equally priced homes
- 04088, ME: less expensive homes
- 04270, ME: equally priced homes
- 04268, ME: less expensive homes
- 04267, ME: less expensive homes
- 04051, ME: higher priced homes
- 04281, ME: less expensive homes
- 04256, ME: less expensive homes
- 04231, ME: equally priced homes
Zip Codes with Similar Populations
- 41010, KY: less expensive homes
- 85121, AZ: less expensive homes
- 36523, AL: less expensive homes
- 73007, OK: higher priced homes
- 29856, SC: less expensive homes
- 67144, KS: less expensive homes
- 72040, AR: less expensive homes
- 29487, SC: higher priced homes
- 28137, NC: less expensive homes
- 79226, TX: less expensive homes
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