The Most Affordable Neighborhoods in Cliff Island, ME by Home Value

 

Cliff Island, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cliff Island area can be challenging. Home prices in Cliff Island are now at a median cost of $608,000, higher than the Maine average of $330,167.

The average cost of rent is $1,938/mo in Cliff Island, primarily driven by the current value of real estate in the Cliff Island area. In Cliff Island, 18.87% of households rent, and 52.71% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cliff Island is $7,526 per month. Households that rent pay about 25.75% of their income on rent here. Cliff Island’s most expensive areas are in the northern 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.


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