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These days, finding an affordable place to live in the 04227 area can be challenging. Home prices in 04227 are now at a median cost of $102,100, lower than the Maine average of $243,042.
The average cost of rent is $691/mo in 04227, primarily driven by the current value of real estate in the 04227 area. While nearly 51.65% of residents own their homes outright in 04227, 22.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 04227 is $4,096 per month. Households that rent pay about 16.87% of their income on rent here. 04227's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 04224, ME: equally priced homes
- 04290, ME: higher priced homes
- 04239, ME: higher priced homes
- 04221, ME: higher priced homes
- 04294, ME: higher priced homes
- 04257, ME: less expensive homes
- 04254, ME: less expensive homes
- 04253, ME: higher priced homes
- 04276, ME: equally priced homes
- 04984, ME: higher priced homes
Zip Codes with Similar Populations
- 33944, FL: less expensive homes
- 92389, CA: higher priced homes
- 57775, SD: higher priced homes
- 55606, MN: higher priced homes
- 25152, WV: less expensive homes
- 85360, AZ: higher priced homes
- 85328, AZ: less expensive homes
- 57553, SD: higher priced homes
- 82723, WY: higher priced homes
- 79854, TX: higher priced homes
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