Expensive
Affordable
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These days, finding an affordable place to live in the Hope area can be challenging. Home prices in Hope are now at a median cost of $368,585, higher than the Maine average of $330,167.
The average cost of rent is $1,215/mo in Hope, primarily driven by the current value of real estate in the Hope area. In Hope, 7.49% of households rent, and 33.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $7,134 per month. Households that rent pay about 17.03% of their income on rent here. Hope’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Union, ME: less expensive homes
- East Union, ME: less expensive homes
- Youngtown, ME: equally priced homes
- West Rockport, ME: higher priced homes
- South Hope, ME: less expensive homes
- Camden, ME: higher priced homes
- Rockport, ME: higher priced homes
- Appleton, ME: less expensive homes
- Slab City, ME: equally priced homes
- Searsmont, ME: less expensive homes
Cities with Similar Populations
- McDonalds Mill, VA: equally priced homes
- Scott, AR: less expensive homes
- Saxapahaw, NC: less expensive homes
- Register, GA: less expensive homes
- Redway, CA: higher priced homes
- Petersburg, KY: less expensive homes
- Panacea, FL: less expensive homes
- North Springfield, VT: less expensive homes
- New Franklin, MO: less expensive homes
- Nevada, OH: less expensive homes
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