Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Minot area can be challenging. Home prices in Minot are now at a median cost of $205,573, lower than the Maine average of $243,042.
The average cost of rent is $1,114/mo in Minot, primarily driven by the current value of real estate in the Minot area. While nearly 35.21% of residents own their homes outright in Minot, 7.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Minot is $6,182 per month. Households that rent pay about 18.02% of their income on rent here. Minot's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Mechanic Falls, ME: less expensive homes
- Hebron, ME: equally priced homes
- Auburn, ME: equally priced homes
- Poland, ME: higher priced homes
- Oxford, ME: less expensive homes
- Lewiston, ME: less expensive homes
- East Otisfield, ME: higher priced homes
- Poland Spring, ME: higher priced homes
- West Poland, ME: higher priced homes
- Turner, ME: equally priced homes
Cities with Similar Populations
- Oskaloosa, KS: less expensive homes
- Graysville, AL: less expensive homes
- Hartsburg, MO: equally priced homes
- La Valle, WI: equally priced homes
- Lanark, IL: less expensive homes
- Lewisburg, KY: less expensive homes
- Menahga, MN: less expensive homes
- Monticello, WI: equally priced homes
- Oakwood, IL: less expensive homes
- Ogilvie, MN: equally priced homes
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