Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frankfort area can be challenging. Home prices in Frankfort are now at a median cost of $158,300, lower than the Maine average of $243,042.
The average cost of rent is $677/mo in Frankfort, primarily driven by the current value of real estate in the Frankfort area. While nearly 43.24% of residents own their homes outright in Frankfort, 15.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frankfort is $5,356 per month. Households that rent pay about 12.64% of their income on rent here. Frankfort's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Winterport, ME: higher priced homes
- Monroe, ME: equally priced homes
- Prospect Ferry, ME: equally priced homes
- Swanville, ME: equally priced homes
- Stockton Springs, ME: higher priced homes
- Bucksport, ME: higher priced homes
- Searsport, ME: higher priced homes
- South Orrington, ME: higher priced homes
- Verona Island, ME: equally priced homes
- North Monroe, ME: equally priced homes
Cities with Similar Populations
- Easton, MO: higher priced homes
- Thompson, WI: higher priced homes
- Theta, TN: higher priced homes
- Summersville, KY: less expensive homes
- Galeton, CO: higher priced homes
- Four Lakes, WA: higher priced homes
- Emery, SD: less expensive homes
- Elmdale, MI: higher priced homes
- Eldorado, NC: less expensive homes
- Edwardsport, IN: less expensive homes
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