
Home Price Key
These days, finding an affordable place to live in the Falmouth area can be challenging. Home prices in Falmouth are now at a median cost of $511,890, higher than the Maine average of $243,042.
The average cost of rent is $1,839/mo in Falmouth, primarily driven by the current value of real estate in the Falmouth area. While nearly 41.51% of residents own their homes outright in Falmouth, 15.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falmouth is $11,089 per month. Households that rent pay about 16.59% of their income on rent here. Falmouth's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Cumberland Foreside, ME: equally priced homes
- Cumberland Center, ME: less expensive homes
- Portland, ME: less expensive homes
- Yarmouth, ME: equally priced homes
- Long Island, ME: less expensive homes
- Peaks Island, ME: less expensive homes
- Westbrook, ME: less expensive homes
- South Windham, ME: less expensive homes
- South Portland, ME: less expensive homes
- North Yarmouth, ME: less expensive homes
Cities with Similar Populations
- Coalinga, CA: less expensive homes
- Whitestown, IN: less expensive homes
- Westphalia, MD: less expensive homes
- West Milford, NJ: less expensive homes
- West Grove, PA: less expensive homes
- West Carrollton, OH: less expensive homes
- Waynesville, MO: less expensive homes
- Waupun, WI: less expensive homes
- Watertown, CT: less expensive homes
- Warrior, AL: less expensive homes
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