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These days, finding an affordable place to live in the Bridgewater area can be challenging. Home prices in Bridgewater are now at a median cost of $156,786, lower than the Maine average of $330,167.
The average cost of rent is $830/mo in Bridgewater, primarily driven by the current value of real estate in the Bridgewater area. In Bridgewater, 15.36% of households rent, and 56.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bridgewater is $5,338 per month. Households that rent pay about 15.55% of their income on rent here. Bridgewater’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Blaine, ME: equally priced homes
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- Easton Center, ME: equally priced homes
- Spragueville, ME: higher priced homes
- Ludlow, ME: less expensive homes
Cities with Similar Populations
- Vento, KY: equally priced homes
- Frenchtown, PA: higher priced homes
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- Forest, WI: higher priced homes
- Florence, IL: higher priced homes
- Palmers, MN: higher priced homes
- Fitzwilliam Depot, NH: higher priced homes
- Menifee, AR: equally priced homes
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