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These days, finding an affordable place to live in the Kennebec area can be challenging. Home prices in Kennebec are now at a median cost of $139,100, lower than the Maine average of $330,167.
The average cost of rent is $796/mo in Kennebec, primarily driven by the current value of real estate in the Kennebec area. In Kennebec, 28.30% of households rent, and 46.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennebec is $4,156 per month. Households that rent pay about 19.15% of their income on rent here. Kennebec’s most expensive areas are in the central 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.
Nearby Cities
- Machias, ME: higher priced homes
- Machiasport, ME: higher priced homes
- Whitneyville, ME: higher priced homes
- Roque Bluffs, ME: higher priced homes
- Marshfield, ME: higher priced homes
- Bucks Harbor, ME: higher priced homes
- Jonesboro, ME: higher priced homes
- East Machias, ME: higher priced homes
- Jacksonville, ME: higher priced homes
- Indian River, ME: equally priced homes
Cities with Similar Populations
- Eliasville, TX: higher priced homes
- Farwell, PA: less expensive homes
- Fairmount, MD: equally priced homes
- Excelsior, WI: higher priced homes
- Enning, SD: higher priced homes
- Englewood, KS: less expensive homes
- Encino, NM: less expensive homes
- Elmdale, MN: higher priced homes
- Ellsworth, OH: higher priced homes
- Elkmont Springs, TN: higher priced homes
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