The Most Affordable Neighborhoods in Deer Isle, ME by Home Value

 

Deer Isle, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Deer Isle area can be challenging. Home prices in Deer Isle are now at a median cost of $258,175, higher than the Maine average of $243,042.

The average cost of rent is $803/mo in Deer Isle, primarily driven by the current value of real estate in the Deer Isle area. While nearly 53.44% of residents own their homes outright in Deer Isle, 12.59% rent.

Housing affordability isn’t just about home prices, though. The average household income in Deer Isle is $5,250 per month. Households that rent pay about 15.30% of their income on rent here. Deer Isle's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.


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