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These days, finding an affordable place to live in the Millinocket area can be challenging. Home prices in Millinocket are now at a median cost of $122,001, lower than the Maine average of $330,167.
The average cost of rent is $516/mo in Millinocket, primarily driven by the current value of real estate in the Millinocket area. In Millinocket, 15.45% of households rent, and 66.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Millinocket is $5,062 per month. Households that rent pay about 10.19% of their income on rent here. Millinocket’s most expensive areas are in the southwestern 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
- East Millinocket, ME: less expensive homes
- West Seboeis, ME: higher priced homes
- Medway, ME: equally priced homes
- South Woodville, ME: higher priced homes
- Benedicta, ME: equally priced homes
- Sherman, ME: equally priced homes
- Pea Ridge, ME: higher priced homes
- Mattawamkeag, ME: less expensive homes
- Seboeis, ME: higher priced homes
- Macwahoc, ME: less expensive homes
Cities with Similar Populations
- Barto, PA: higher priced homes
- Coatesville, IN: higher priced homes
- Fountain, FL: higher priced homes
- Greene, ME: higher priced homes
- Hawley, MN: higher priced homes
- O'Neill, NE: higher priced homes
- Hugoton, KS: higher priced homes
- Rockport, IN: higher priced homes
- Lafayette, AL: equally priced homes
- Lopezville, TX: higher priced homes
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