Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bingham area can be challenging. Home prices in Bingham are now at a median cost of $80,445, lower than the Maine average of $243,042.
The average cost of rent is $583/mo in Bingham, primarily driven by the current value of real estate in the Bingham area. While nearly 61.26% of residents own their homes outright in Bingham, 20.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bingham is $3,065 per month. Households that rent pay about 19.03% of their income on rent here. Bingham's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Solon, ME: higher priced homes
- Caratunk, ME: higher priced homes
- West Athens, ME: higher priced homes
- Brighton, ME: less expensive homes
- Hutchins Corner, ME: higher priced homes
- North New Portland, ME: higher priced homes
- Pleasant Pond, ME: higher priced homes
- North Anson, ME: higher priced homes
- Wellington, ME: higher priced homes
- Athens, ME: higher priced homes
Cities with Similar Populations
- Bolinas, CA: higher priced homes
- Pine Level, AL: higher priced homes
- Heltonville, IN: higher priced homes
- Johnson Village, CO: higher priced homes
- Meadview, AZ: higher priced homes
- Necaise, MS: higher priced homes
- Patoka, IN: higher priced homes
- Shelton, NE: higher priced homes
- Cascade Locks, OR: higher priced homes
- Tenmile, OR: higher priced homes
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