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Affordable
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These days, finding an affordable place to live in the Locke Mills area can be challenging. Home prices in Locke Mills are now at a median cost of $231,171, lower than the Maine average of $330,167.
The average cost of rent is $1,247/mo in Locke Mills, primarily driven by the current value of real estate in the Locke Mills area. In Locke Mills, 29.62% of households rent, and 53.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Locke Mills is $6,269 per month. Households that rent pay about 19.89% of their income on rent here. Locke Mills’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bryant Pond, ME: equally priced homes
- Hunts Corner, ME: higher priced homes
- Mayville, ME: higher priced homes
- Bethel, ME: higher priced homes
- Rumford Corner, ME: equally priced homes
- Trap Corner, ME: less expensive homes
- West Bethel, ME: higher priced homes
- West Paris, ME: less expensive homes
- Hanover, ME: higher priced homes
- Stoneham, ME: higher priced homes
Cities with Similar Populations
- Cecil-Bishop, PA: higher priced homes
- White Tower, KY: higher priced homes
- White Plains, AL: less expensive homes
- Whistleville, GA: equally priced homes
- West Groton, NY: less expensive homes
- Cottle, WV: less expensive homes
- Clio, CA: higher priced homes
- Cinco Bayou, FL: higher priced homes
- Childress, VA: higher priced homes
- Chestnut Ridge, PA: less expensive homes
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