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Affordable
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These days, finding an affordable place to live in the 04551 area can be challenging. Home prices in 04551 are now at a median cost of $425,300, higher than the Maine average of $330,167.
The average cost of rent is $1,068/mo in 04551, primarily driven by the current value of real estate in the 04551 area. In 04551, 6.41% of households rent, and 56.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04551 is $8,333 per month. Households that rent pay about 12.82% of their income on rent here. 04551’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 04543, ME: less expensive homes
- 04539, ME: equally priced homes
- 04564, ME: equally priced homes
- 04547, ME: less expensive homes
- 04555, ME: less expensive homes
- 04553, ME: equally priced homes
- 04573, ME: higher priced homes
- 04572, ME: less expensive homes
- 04563, ME: equally priced homes
- 04556, ME: less expensive homes
Zip Codes with Similar Populations
- 33960, FL: less expensive homes
- 95043, CA: higher priced homes
- 85325, AZ: less expensive homes
- 89427, NV: less expensive homes
- 13752, NY: less expensive homes
- 98304, WA: less expensive homes
- 50150, IA: less expensive homes
- 84134, UT: less expensive homes
- 84035, UT: less expensive homes
- 76475, TX: less expensive homes
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