Home Price Key
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Average
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These days, finding an affordable place to live in the Albion area can be challenging. Home prices in Albion are now at a median cost of $125,482, lower than the Maine average of $243,042.
The average cost of rent is $860/mo in Albion, primarily driven by the current value of real estate in the Albion area. While nearly 52.66% of residents own their homes outright in Albion, 19.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albion is $4,244 per month. Households that rent pay about 20.26% of their income on rent here. Albion's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Benton, ME: equally priced homes
- Greens Corner, ME: higher priced homes
- North Palermo, ME: higher priced homes
- Unity, ME: higher priced homes
- Knox Corner, ME: higher priced homes
- Winnecook, ME: equally priced homes
- Winslow, ME: higher priced homes
- Clinton, ME: equally priced homes
- Freedom, ME: higher priced homes
- China, ME: higher priced homes
Cities with Similar Populations
- Anna Maria, FL: higher priced homes
- Trout Lake, WA: higher priced homes
- Fort Hancock, TX: less expensive homes
- Richfield, ID: higher priced homes
- Rocksprings, TX: less expensive homes
- Dawley Corners, VA: higher priced homes
- Noxon, MT: higher priced homes
- Cuba, TN: higher priced homes
- Big River, CA: less expensive homes
- Evening Shade, AR: less expensive homes
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