The Most Affordable Neighborhoods in Addison, ME by Home Value

 

Addison, ME Map of Most Affordable Neighborhoods
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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 $131,127, lower than the Maine average of $243,042.

The average cost of rent is $745/mo in Addison, primarily driven by the current value of real estate in the Addison area. While nearly 58.40% of residents own their homes outright in Addison, 11.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Addison is $3,741 per month. Households that rent pay about 19.92% of their income on rent here. Addison's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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