The Most Affordable Neighborhoods in Canton Point, ME by Home Value

 

Canton Point, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Canton Point area can be challenging. Home prices in Canton Point are now at a median cost of $162,573, lower than the Maine average of $330,167.

The average cost of rent is $536/mo in Canton Point, primarily driven by the current value of real estate in the Canton Point area. In Canton Point, 17.67% of households rent, and 41.39% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Canton Point is $5,405 per month. Households that rent pay about 9.92% of their income on rent here. Canton Point’s most expensive areas are in the central 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.


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