The Most Affordable Neighborhoods in Abbot Village, ME by Home Value

 

Abbot Village, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Abbot Village area can be challenging. Home prices in Abbot Village are now at a median cost of $133,900, lower than the Maine average of $243,042.

The average cost of rent is $903/mo in Abbot Village, primarily driven by the current value of real estate in the Abbot Village area. While nearly 68.15% of residents own their homes outright in Abbot Village, 12.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Abbot Village is $3,968 per month. Households that rent pay about 22.76% of their income on rent here. Abbot Village's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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