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Affordable
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These days, finding an affordable place to live in the Alfred area can be challenging. Home prices in Alfred are now at a median cost of $348,559, higher than the Maine average of $330,167.
The average cost of rent is $1,004/mo in Alfred, primarily driven by the current value of real estate in the Alfred area. In Alfred, 10.70% of households rent, and 35.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alfred is $7,257 per month. Households that rent pay about 13.84% of their income on rent here. Alfred’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Alfred Mills, ME: equally priced homes
- Goodwins Mills, ME: higher priced homes
- South Hollis, ME: equally priced homes
- West Kennebunk, ME: higher priced homes
- Wells Branch, ME: higher priced homes
- Bar Mills, ME: higher priced homes
- Waterboro, ME: less expensive homes
- North Alfred, ME: equally priced homes
- Sanford, ME: less expensive homes
- South Sanford, ME: less expensive homes
Cities with Similar Populations
- Cherokee, NC: less expensive homes
- Priest River, ID: higher priced homes
- Prescott, WI: equally priced homes
- Carver, MN: higher priced homes
- Port Isabel, TX: less expensive homes
- Ponder, TX: higher priced homes
- Pocomoke City, MD: less expensive homes
- Pilot Point, TX: higher priced homes
- Pierre Part, LA: less expensive homes
- Peshtigo, WI: less expensive homes
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