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These days, finding an affordable place to live in the Burnham area can be challenging. Home prices in Burnham are now at a median cost of $177,747, lower than the Maine average of $330,167.
The average cost of rent is $1,301/mo in Burnham, primarily driven by the current value of real estate in the Burnham area. In Burnham, 12.37% of households rent, and 53.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Burnham is $4,922 per month. Households that rent pay about 26.44% of their income on rent here. Burnham’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winnecook, ME: higher priced homes
- Windemere, ME: higher priced homes
- Troy, ME: higher priced homes
- Unity, ME: higher priced homes
- Clinton, ME: equally priced homes
- Troy Center, ME: higher priced homes
- Pittsfield, ME: equally priced homes
- Detroit, ME: less expensive homes
- Waverley, ME: higher priced homes
- East Troy, ME: higher priced homes
Cities with Similar Populations
- Montra, OH: higher priced homes
- Longview Heights, TX: higher priced homes
- Lund, TX: higher priced homes
- Lyon Mountain, NY: less expensive homes
- Mayview, MO: higher priced homes
- Meadow Grove, NE: higher priced homes
- Melville, LA: less expensive homes
- Mesa, MS: less expensive homes
- Mexico Beach, FL: higher priced homes
- Mexico, IN: less expensive homes
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