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These days, finding an affordable place to live in the East Franklin area can be challenging. Home prices in East Franklin are now at a median cost of $238,872, lower than the Maine average of $330,167.
The average cost of rent is $902/mo in East Franklin, primarily driven by the current value of real estate in the East Franklin area. In East Franklin, 21.12% of households rent, and 52.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Franklin is $5,591 per month. Households that rent pay about 16.13% of their income on rent here. East Franklin’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sullivan, ME: equally priced homes
- Franklin, ME: equally priced homes
- West Franklin, ME: equally priced homes
- Sorrento, ME: equally priced homes
- Hancock, ME: higher priced homes
- Marlboro, ME: higher priced homes
- Gouldsboro, ME: higher priced homes
- Lamoine, ME: higher priced homes
- Fletchers Landing, ME: less expensive homes
- Steuben, ME: less expensive homes
Cities with Similar Populations
- Gonce, AL: less expensive homes
- Greendale, NY: higher priced homes
- Greenbush, KS: less expensive homes
- Waldrop, VA: higher priced homes
- Green River, MI: less expensive homes
- Greece City, PA: less expensive homes
- Grayson, NC: less expensive homes
- Grayling, AK: less expensive homes
- Wales Hollow, NY: equally priced homes
- Walls, OK: equally priced homes
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