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Affordable
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These days, finding an affordable place to live in the 04787 area can be challenging. Home prices in 04787 are now at a median cost of $161,246, lower than the Maine average of $330,167.
The average cost of rent is $552/mo in 04787, primarily driven by the current value of real estate in the 04787 area. In 04787, 27.38% of households rent, and 61.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04787 is $5,128 per month. Households that rent pay about 10.76% of their income on rent here. 04787’s most expensive areas are in the southeastern 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
- 04758, ME: equally priced homes
- 04734, ME: equally priced homes
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- 04735, ME: equally priced homes
- 04757, ME: higher priced homes
- 04732, ME: less expensive homes
- 04764, ME: equally priced homes
- 49783, MI: equally priced homes
- 49715, MI: equally priced homes
Zip Codes with Similar Populations
- 97108, OR: higher priced homes
- 79842, TX: higher priced homes
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- 25630, WV: less expensive homes
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- 59031, MT: less expensive homes
- 56078, MN: higher priced homes
- 43983, OH: less expensive homes
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