Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farmington Falls area can be challenging. Home prices in Farmington Falls are now at a median cost of $83,587, lower than the Maine average of $243,042.
The average cost of rent is $963/mo in Farmington Falls, primarily driven by the current value of real estate in the Farmington Falls area. While nearly 40.28% of residents own their homes outright in Farmington Falls, 43.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farmington Falls is $3,624 per month. Households that rent pay about 26.58% of their income on rent here. Farmington Falls's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Farmington, ME: higher priced homes
- New Sharon, ME: higher priced homes
- East Wilton, ME: higher priced homes
- Chesterville, ME: higher priced homes
- West Farmington, ME: higher priced homes
- Dryden, ME: higher priced homes
- Wilton, ME: higher priced homes
- Vienna, ME: higher priced homes
- Fairbanks, ME: higher priced homes
- Temple, ME: higher priced homes
Cities with Similar Populations
- Lithia, VA: higher priced homes
- Retreat, TX: higher priced homes
- Rensselaerville, NY: higher priced homes
- Relief, NC: higher priced homes
- Refuge, TX: higher priced homes
- Redford, MO: higher priced homes
- Reading, MN: higher priced homes
- Rayon Terrace, VA: higher priced homes
- Ravinia, SD: higher priced homes
- Ravalli, MT: higher priced homes
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