Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Five Islands area can be challenging. Home prices in Five Islands are now at a median cost of $354,800, higher than the Maine average of $243,042.
The average cost of rent is $850/mo in Five Islands, primarily driven by the current value of real estate in the Five Islands area. While nearly 44.53% of residents own their homes outright in Five Islands, 18.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Five Islands is $6,193 per month. Households that rent pay about 13.72% of their income on rent here. Five Islands's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Georgetown, ME: equally priced homes
- West Georgetown, ME: equally priced homes
- Southport, ME: higher priced homes
- Marrtown, ME: equally priced homes
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- West Southport, ME: higher priced homes
- West Boothbay Harbor, ME: less expensive homes
- Westport, ME: less expensive homes
- Phippsburg, ME: less expensive homes
- Boothbay Harbor, ME: less expensive homes
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