Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monhegan area can be challenging. Home prices in Monhegan are now at a median cost of $500,000, higher than the Maine average of $243,042.
The average cost of rent is $833/mo in Monhegan, primarily driven by the current value of real estate in the Monhegan area. While nearly 26.47% of residents own their homes outright in Monhegan, 20.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monhegan is $6,031 per month. Households that rent pay about 13.81% of their income on rent here. Monhegan's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- New Harbor, ME: equally priced homes
- Port Clyde, ME: less expensive homes
- Chamberlain, ME: less expensive homes
- Pemaquid Harbor, ME: less expensive homes
- South Bristol, ME: less expensive homes
- Pleasant Point, ME: less expensive homes
- Tenants Harbor, ME: less expensive homes
- Round Pond, ME: less expensive homes
- Pemaquid, ME: less expensive homes
- East Boothbay, ME: less expensive homes
Cities with Similar Populations
- Woodside, LA: less expensive homes
- Middleton, AR: less expensive homes
- Midway, KS: less expensive homes
- Midway, OR: less expensive homes
- Milam, WV: less expensive homes
- Milburn, KY: less expensive homes
- Miles Pond, VT: less expensive homes
- Milford, MO: less expensive homes
- Millarton, ND: less expensive homes
- Millbrook, CT: less expensive homes
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