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These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $140,710, lower than the Maine average of $330,167.
The average cost of rent is $642/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. In Lincoln, 31.92% of households rent, and 60.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $4,134 per month. Households that rent pay about 15.53% of their income on rent here. Lincoln’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Lincoln, ME: equally priced homes
- Lincoln Center, ME: higher priced homes
- Pea Ridge, ME: equally priced homes
- Enfield, ME: higher priced homes
- West Enfield, ME: higher priced homes
- Winn, ME: equally priced homes
- South Woodville, ME: equally priced homes
- Lee, ME: equally priced homes
- Burlington, ME: equally priced homes
- Howland, ME: equally priced homes
Cities with Similar Populations
- Mariemont, OH: higher priced homes
- Arcadia, OK: higher priced homes
- Commercial Point, OH: higher priced homes
- Cana, VA: equally priced homes
- Colfax, LA: less expensive homes
- Walters, OK: equally priced homes
- Midway South, TX: equally priced homes
- Monroeville, IN: higher priced homes
- New Hill, NC: higher priced homes
- Osage City, KS: higher priced homes
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