The Most Affordable Neighborhoods in East Millinocket, ME by Home Value

 

East Millinocket, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the East Millinocket area can be challenging. Home prices in East Millinocket are now at a median cost of $65,999, lower than the Maine average of $243,042.

The average cost of rent is $573/mo in East Millinocket, primarily driven by the current value of real estate in the East Millinocket area. While nearly 52.66% of residents own their homes outright in East Millinocket, 26.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in East Millinocket is $3,405 per month. Households that rent pay about 16.84% of their income on rent here. East Millinocket's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.


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