The Most Affordable Neighborhoods in Grand Lake Stream, ME by Home Value

 

Grand Lake Stream, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grand Lake Stream area can be challenging. Home prices in Grand Lake Stream are now at a median cost of $163,981, lower than the Maine average of $330,167.

The average cost of rent is $595/mo in Grand Lake Stream, primarily driven by the current value of real estate in the Grand Lake Stream area. In Grand Lake Stream, 11.70% of households rent, and 75.36% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Grand Lake Stream is $4,229 per month. Households that rent pay about 14.07% of their income on rent here. Grand Lake Stream’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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