Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Island Falls area can be challenging. Home prices in Island Falls are now at a median cost of $108,004, lower than the Maine average of $243,042.
The average cost of rent is $731/mo in Island Falls, primarily driven by the current value of real estate in the Island Falls area. While nearly 60.11% of residents own their homes outright in Island Falls, 17.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Island Falls is $3,459 per month. Households that rent pay about 21.12% of their income on rent here. Island Falls's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Dyer Brook, ME: equally priced homes
- Patten, ME: less expensive homes
- Sherman Mills, ME: equally priced homes
- Oakfield, ME: less expensive homes
- Smyrna Mills, ME: equally priced homes
- Sherman Station, ME: less expensive homes
- Silver Ridge, ME: less expensive homes
- Sherman, ME: equally priced homes
- Smyrna Center, ME: equally priced homes
- Linneus, ME: higher priced homes
Cities with Similar Populations
- Anna Maria, FL: higher priced homes
- Bevil Oaks, TX: higher priced homes
- Bunger, TX: higher priced homes
- Birchwood Village, MN: higher priced homes
- Oxford, KS: less expensive homes
- Orr, MI: higher priced homes
- Pall Mall, TN: equally priced homes
- Paradise Hill, OH: higher priced homes
- Peniel Crossroads, SC: higher priced homes
- Perrysburg, NY: less expensive homes
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