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Affordable
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These days, finding an affordable place to live in the 04861 area can be challenging. Home prices in 04861 are now at a median cost of $270,384, lower than the Maine average of $330,167.
The average cost of rent is $1,662/mo in 04861, primarily driven by the current value of real estate in the 04861 area. In 04861, 26.06% of households rent, and 46.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04861 is $5,197 per month. Households that rent pay about 31.97% of their income on rent here. 04861’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 04858, ME: higher priced homes
- 04841, ME: equally priced homes
- 04864, ME: less expensive homes
- 04854, ME: higher priced homes
- 04563, ME: higher priced homes
- 04859, ME: higher priced homes
- 04856, ME: higher priced homes
- 04860, ME: higher priced homes
- 04547, ME: equally priced homes
- 04572, ME: equally priced homes
Zip Codes with Similar Populations
- 94130, CA: higher priced homes
- 94037, CA: higher priced homes
- 26719, WV: less expensive homes
- 27939, NC: higher priced homes
- 54960, WI: less expensive homes
- 56150, MN: less expensive homes
- 19930, DE: higher priced homes
- 17267, PA: equally priced homes
- 62677, IL: less expensive homes
- 92283, CA: less expensive homes
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