
Affordable
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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 $136,663, lower than the Maine average of $330,167.
The average cost of rent is $656/mo in Bingham, primarily driven by the current value of real estate in the Bingham area. In Bingham, 12.62% of households rent, and 56.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bingham is $3,746 per month. Households that rent pay about 17.50% of their income on rent here. Bingham’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Solon, ME: higher priced homes
- Caratunk, ME: higher priced homes
- West Athens, ME: higher priced homes
- Brighton, ME: higher priced homes
- Hutchins Corner, ME: higher priced homes
- North New Portland, ME: higher priced homes
- Pleasant Pond, ME: higher priced homes
- North Anson, ME: equally 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: less expensive 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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