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These days, finding an affordable place to live in the Bristol area can be challenging. Home prices in Bristol are now at a median cost of $378,022, higher than the Maine average of $330,167.
The average cost of rent is $1,050/mo in Bristol, primarily driven by the current value of real estate in the Bristol area. In Bristol, 10.55% of households rent, and 47.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bristol is $7,780 per month. Households that rent pay about 13.50% of their income on rent here. Bristol’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Round Pond, ME: equally priced homes
- Bremen, ME: higher priced homes
- Damariscotta, ME: equally priced homes
- Walpole, ME: higher priced homes
- Pemaquid, ME: higher priced homes
- Medomak, ME: higher priced homes
- Newcastle, ME: equally priced homes
- South Newcastle, ME: equally priced homes
- Chamberlain, ME: higher priced homes
- Pemaquid Harbor, ME: higher priced homes
Cities with Similar Populations
- Alpena Junction, MI: less expensive homes
- Munds Park, AZ: higher priced homes
- Wendover, UT: less expensive homes
- Brussels, WI: equally priced homes
- Blounts Creek, NC: less expensive homes
- Bigfork, MN: less expensive homes
- Balsam Lake, WI: less expensive homes
- Wilson, TX: less expensive homes
- Asherton, TX: less expensive homes
- Wright City, OK: less expensive homes
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