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Affordable
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These days, finding an affordable place to live in the 04087 area can be challenging. Home prices in 04087 are now at a median cost of $297,203, lower than the Maine average of $330,167.
The average cost of rent is $1,230/mo in 04087, primarily driven by the current value of real estate in the 04087 area. In 04087, 8.63% of households rent, and 26.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04087 is $7,467 per month. Households that rent pay about 16.47% of their income on rent here. 04087’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 04030, ME: higher priced homes
- 04076, ME: higher priced homes
- 04002, ME: higher priced homes
- 04061, ME: equally priced homes
- 04083, ME: equally priced homes
- 04042, ME: higher priced homes
- 04073, ME: equally priced homes
- 04001, ME: higher priced homes
- 04048, ME: less expensive homes
- 04056, ME: equally priced homes
Zip Codes with Similar Populations
- 28740, NC: less expensive homes
- 04263, ME: less expensive homes
- 47108, IN: less expensive homes
- 38356, TN: less expensive homes
- 79084, TX: less expensive homes
- 84725, UT: higher priced homes
- 92365, CA: less expensive homes
- 21737, MD: higher priced homes
- 45877, OH: less expensive homes
- 42404, KY: less expensive homes
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