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These days, finding an affordable place to live in the East Denmark area can be challenging. Home prices in East Denmark are now at a median cost of $220,617, lower than the Maine average of $243,042.
The average cost of rent is $1,075/mo in East Denmark, primarily driven by the current value of real estate in the East Denmark area. While nearly 40.17% of residents own their homes outright in East Denmark, 11.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Denmark is $5,886 per month. Households that rent pay about 18.26% of their income on rent here. East Denmark's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
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