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Affordable
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These days, finding an affordable place to live in the 04864 area can be challenging. Home prices in 04864 are now at a median cost of $226,214, lower than the Maine average of $330,167.
The average cost of rent is $1,157/mo in 04864, primarily driven by the current value of real estate in the 04864 area. In 04864, 18.72% of households rent, and 26.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04864 is $6,811 per month. Households that rent pay about 16.99% of their income on rent here. 04864’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 04861, ME: higher priced homes
- 04841, ME: higher priced homes
- 04563, ME: higher priced homes
- 04572, ME: higher priced homes
- 04858, ME: higher priced homes
- 04856, ME: higher priced homes
- 04854, ME: higher priced homes
- 04859, ME: higher priced homes
- 04862, ME: higher priced homes
- 04847, ME: higher priced homes
Zip Codes with Similar Populations
- 24577, VA: less expensive homes
- 78947, TX: higher priced homes
- 12446, NY: higher priced homes
- 12522, NY: higher priced homes
- 77514, TX: equally priced homes
- 77358, TX: equally priced homes
- 76365, TX: less expensive homes
- 13407, NY: less expensive homes
- 14136, NY: less expensive homes
- 14546, NY: less expensive homes
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