The Most Affordable Neighborhoods in Cumberland Foreside, ME by Home Value

 

Cumberland Foreside, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cumberland Foreside area can be challenging. Home prices in Cumberland Foreside are now at a median cost of $496,400, higher than the Maine average of $243,042.

The average cost of rent is $1,536/mo in Cumberland Foreside, primarily driven by the current value of real estate in the Cumberland Foreside area. While nearly 42.09% of residents own their homes outright in Cumberland Foreside, 19.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cumberland Foreside is $9,302 per month. Households that rent pay about 16.51% of their income on rent here. Cumberland Foreside's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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