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Affordable
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These days, finding an affordable place to live in the 04740 area can be challenging. Home prices in 04740 are now at a median cost of $163,867, lower than the Maine average of $330,167.
The average cost of rent is $512/mo in 04740, primarily driven by the current value of real estate in the 04740 area. In 04740, 14.17% of households rent, and 61.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04740 is $4,438 per month. Households that rent pay about 11.53% of their income on rent here. 04740’s most expensive areas are in the northern 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
- 04769, ME: less expensive homes
- 04787, ME: equally priced homes
- 04758, ME: equally priced homes
- 04742, ME: equally priced homes
- 04757, ME: higher priced homes
- 04786, ME: less expensive homes
- 04732, ME: less expensive homes
- 04768, ME: higher priced homes
- 04737, ME: less expensive homes
- 49768, MI: higher priced homes
Zip Codes with Similar Populations
- 86434, AZ: less expensive homes
- 95589, CA: higher priced homes
- 57567, SD: equally priced homes
- 84052, UT: higher priced homes
- 02666, MA: higher priced homes
- 54007, WI: higher priced homes
- 25557, WV: less expensive homes
- 42159, KY: higher priced homes
- 92282, CA: higher priced homes
- 45821, OH: equally priced homes
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