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These days, finding an affordable place to live in the Belgrade area can be challenging. Home prices in Belgrade are now at a median cost of $317,035, lower than the Maine average of $330,167.
The average cost of rent is $866/mo in Belgrade, primarily driven by the current value of real estate in the Belgrade area. In Belgrade, 6.92% of households rent, and 39.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belgrade is $7,900 per month. Households that rent pay about 10.96% of their income on rent here. Belgrade’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Belgrade, ME: higher priced homes
- Belgrade Lakes, ME: equally priced homes
- Mount Vernon, ME: less expensive homes
- Sidney, ME: equally priced homes
- Weeks Mills, ME: less expensive homes
- Oakland, ME: less expensive homes
- Readfield, ME: equally priced homes
- Vienna, ME: less expensive homes
- Manchester, ME: equally priced homes
- Smithfield, ME: less expensive homes
Cities with Similar Populations
- Wagram, NC: less expensive homes
- Glade Hill, VA: less expensive homes
- Quartzsite, AZ: less expensive homes
- Lincoln, MO: less expensive homes
- Le Roy, MI: less expensive homes
- Pierson, MI: less expensive homes
- Johnsonburg, PA: less expensive homes
- Panhandle, TX: less expensive homes
- Gold Hill, NC: less expensive homes
- Dennis, MA: higher priced homes
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