The Most Affordable Neighborhoods in Bar Mills, ME by Home Value

 

Bar Mills, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bar Mills area can be challenging. Home prices in Bar Mills are now at a median cost of $298,273, higher than the Maine average of $243,042.

The average cost of rent is $1,044/mo in Bar Mills, primarily driven by the current value of real estate in the Bar Mills area. While nearly 54.51% of residents own their homes outright in Bar Mills, 10.27% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bar Mills is $5,211 per month. Households that rent pay about 20.02% of their income on rent here. Bar Mills's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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