
Expensive
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These days, finding an affordable place to live in the East Deering area can be challenging. Home prices in East Deering are now at a median cost of $440,079, lower than the Portland average of $544,824.
The average cost of rent is $1,622/mo in East Deering, primarily driven by the current value of real estate in the East Deering area. In East Deering, 48.92% of households rent, and 25.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Deering is $8,054 per month. Households that rent pay about 20.14% of their income on rent here. East Deering’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ocean Avenue, Portland, ME: higher priced homes
- East End, Portland, ME: higher priced homes
- North Deering, Portland, ME: higher priced homes
- Oakdale, Portland, ME: higher priced homes
- Deering, Portland, ME: higher priced homes
- Parkside, Portland, ME: higher priced homes
- Downtown, Portland, ME: higher priced homes
- Rosemont, Portland, ME: higher priced homes
- Riverton, Portland, ME: less expensive homes
- West End, Portland, ME: higher priced homes
Neighborhoods with Similar Populations
- Hawaiian Acres, Keaau, HI: less expensive homes
- Oakley, Asheville, NC: less expensive homes
- North Richland, Richland, WA: less expensive homes
- Newell, Charlotte, NC: less expensive homes
- Midway Place, Bryan, TX: less expensive homes
- McGilvra, Mercer Island, WA: higher priced homes
- Lykins, Kansas City, MO: less expensive homes
- Lanning Square, Camden, NJ: less expensive homes
- Lake Terrace and Oaks, New Orleans, LA: higher priced homes
- Lake Shore, New Orleans, LA: higher priced homes
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