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These days, finding an affordable place to live in the Abbot area can be challenging. Home prices in Abbot are now at a median cost of $174,923, lower than the Maine average of $330,167.
The average cost of rent is $1,101/mo in Abbot, primarily driven by the current value of real estate in the Abbot area. In Abbot, 23.74% of households rent, and 67.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Abbot is $4,940 per month. Households that rent pay about 22.28% of their income on rent here. Abbot’s most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Upper Abbot, ME: equally priced homes
- Abbot Village, ME: equally priced homes
- North Guilford, ME: equally priced homes
- Guilford, ME: equally priced homes
- Monson, ME: equally priced homes
- Parkman, ME: equally priced homes
- Blanchard, ME: equally priced homes
- Willimantic, ME: equally priced homes
- Sangerville, ME: less expensive homes
- Wellington, ME: equally priced homes
Cities with Similar Populations
- Port Mansfield, TX: less expensive homes
- Zelma, IN: higher priced homes
- Caylor, VA: less expensive homes
- Fordyce, PA: equally priced homes
- Rush, MD: equally priced homes
- Regent, ND: less expensive homes
- Paskenta, CA: higher priced homes
- Woodruff, UT: higher priced homes
- Kent Narrows, MD: higher priced homes
- Kalae, HI: higher priced homes
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