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These days, finding an affordable place to live in the Larone area can be challenging. Home prices in Larone are now at a median cost of $174,311, lower than the Maine average of $330,167.
The average cost of rent is $1,024/mo in Larone, primarily driven by the current value of real estate in the Larone area. In Larone, 19.48% of households rent, and 57.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Larone is $5,045 per month. Households that rent pay about 20.30% of their income on rent here. Larone’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Madison, ME: higher priced homes
- Hinckley, ME: higher priced homes
- Skowhegan, ME: equally priced homes
- Norridgewock, ME: equally priced homes
- Rome, ME: equally priced homes
- Smithfield, ME: higher priced homes
- Fairfield Center, ME: higher priced homes
- Fairfield, ME: equally priced homes
- Canaan, ME: less expensive homes
- Shawmut, ME: higher priced homes
Cities with Similar Populations
- Susan, VA: higher priced homes
- Goose Island, GA: higher priced homes
- Grand Junction, IA: less expensive homes
- Graton, CA: higher priced homes
- Grethel, KY: less expensive homes
- Hanover, KS: less expensive homes
- Spurlock, KY: less expensive homes
- Stotts City, MO: higher priced homes
- Sunshine, NM: less expensive homes
- Glenmore, WV: equally priced homes
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