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Affordable
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These days, finding an affordable place to live in the 04988 area can be challenging. Home prices in 04988 are now at a median cost of $217,324, lower than the Maine average of $330,167.
The average cost of rent is $1,121/mo in 04988, primarily driven by the current value of real estate in the 04988 area. In 04988, 27.39% of households rent, and 39.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 04988 is $5,146 per month. Households that rent pay about 21.78% of their income on rent here. 04988’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
- 04986, ME: less expensive homes
- 04922, ME: less expensive homes
- 04987, ME: equally priced homes
- 04910, ME: equally priced homes
- 04921, ME: equally priced homes
- 04927, ME: less expensive homes
- 04932, ME: less expensive homes
- 04929, ME: less expensive homes
- 04969, ME: equally priced homes
- 04967, ME: less expensive homes
Zip Codes with Similar Populations
- 86512, AZ: less expensive homes
- 79083, TX: less expensive homes
- 39854, GA: less expensive homes
- 04785, ME: less expensive homes
- 50669, IA: less expensive homes
- 50833, IA: less expensive homes
- 48740, MI: less expensive homes
- 47326, IN: less expensive homes
- 51346, IA: less expensive homes
- 53944, WI: equally priced homes
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