The Most Affordable Neighborhoods in Eliot, ME by Home Value

 

Eliot, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eliot area can be challenging. Home prices in Eliot are now at a median cost of $382,295, higher than the Maine average of $243,042.

The average cost of rent is $1,177/mo in Eliot, primarily driven by the current value of real estate in the Eliot area. While nearly 35.57% of residents own their homes outright in Eliot, 14.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Eliot is $7,814 per month. Households that rent pay about 15.07% of their income on rent here. Eliot's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.


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