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These days, finding an affordable place to live in the Addison area can be challenging. Home prices in Addison are now at a median cost of $165,981, lower than the Maine average of $330,167.
The average cost of rent is $892/mo in Addison, primarily driven by the current value of real estate in the Addison area. In Addison, 15.84% of households rent, and 56.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Addison is $4,128 per month. Households that rent pay about 21.61% of their income on rent here. Addison’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marshville, ME: equally priced homes
- Ripley, ME: less expensive homes
- Indian River, ME: less expensive homes
- South Addison, ME: equally priced homes
- Harrington, ME: equally priced homes
- Columbia Falls, ME: equally priced homes
- West Harrington, ME: equally priced homes
- Jonesport, ME: less expensive homes
- Jonesboro, ME: higher priced homes
- Milbridge, ME: higher priced homes
Cities with Similar Populations
- Savoonga, AK: less expensive homes
- Elkton, OR: higher priced homes
- Coleville, CA: higher priced homes
- Snow Shoe, PA: equally priced homes
- Avon, NC: higher priced homes
- Point Hope, AK: equally priced homes
- North Clymer, NY: equally priced homes
- Spence, GA: equally priced homes
- Gales Creek, OR: higher priced homes
- Hathaway, LA: equally priced homes
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