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Affordable
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These days, finding an affordable place to live in the Andover area can be challenging. Home prices in Andover are now at a median cost of $169,203, lower than the Maine average of $330,167.
The average cost of rent is $989/mo in Andover, primarily driven by the current value of real estate in the Andover area. In Andover, 4.03% of households rent, and 64.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $4,146 per month. Households that rent pay about 23.85% of their income on rent here. Andover’s most expensive areas are in the northwestern 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
- East Andover, ME: equally priced homes
- South Andover, ME: equally priced homes
- Newry, ME: higher priced homes
- Roxbury, ME: less expensive homes
- Frye, ME: less expensive homes
- Hanover, ME: higher priced homes
- North Bethel, ME: higher priced homes
- Rumford, ME: less expensive homes
- Mexico, ME: less expensive homes
- Bethel, ME: higher priced homes
Cities with Similar Populations
- Weber, GA: less expensive homes
- Flo, TX: less expensive homes
- Lamar, OK: less expensive homes
- Nashville, MO: equally priced homes
- Bicknell, UT: higher priced homes
- Lincoln, VT: higher priced homes
- Knife River, MN: higher priced homes
- Norton, NC: higher priced homes
- Ocean Beach, NY: higher priced homes
- Big Water, UT: higher priced homes
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