The Most Affordable Neighborhoods in Center Lovell, ME by Home Value

 

Center Lovell, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Center Lovell area can be challenging. Home prices in Center Lovell are now at a median cost of $293,545, lower than the Maine average of $330,167.

The average cost of rent is $1,438/mo in Center Lovell, primarily driven by the current value of real estate in the Center Lovell area. In Center Lovell, 12.12% of households rent, and 58.30% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Center Lovell is $6,414 per month. Households that rent pay about 22.43% of their income on rent here. Center Lovell’s most expensive areas are in the southeastern 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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