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These days, finding an affordable place to live in the Bar Harbor area can be challenging. Home prices in Bar Harbor are now at a median cost of $558,803, higher than the Maine average of $330,167.
The average cost of rent is $1,161/mo in Bar Harbor, primarily driven by the current value of real estate in the Bar Harbor area. In Bar Harbor, 28.49% of households rent, and 47.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bar Harbor is $7,133 per month. Households that rent pay about 16.28% of their income on rent here. Bar Harbor’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Frenchboro, ME: less expensive homes
- Salsbury Cove, ME: less expensive homes
- Mount Desert, ME: less expensive homes
- Seal Harbor, ME: equally priced homes
- Indian Point, ME: less expensive homes
- Lamoine, ME: less expensive homes
- Southwest Harbor, ME: less expensive homes
- Marlboro, ME: less expensive homes
- Winter Harbor, ME: less expensive homes
- Islesford, ME: less expensive homes
Cities with Similar Populations
- Springfield, KY: less expensive homes
- Charleston, MO: less expensive homes
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- Sparta, NC: less expensive homes
- Molino, FL: less expensive homes
- Spencer, TN: less expensive homes
- Sperry, OK: less expensive homes
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