Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monmouth area can be challenging. Home prices in Monmouth are now at a median cost of $209,871, lower than the Maine average of $243,042.
The average cost of rent is $946/mo in Monmouth, primarily driven by the current value of real estate in the Monmouth area. While nearly 19.12% of residents own their homes outright in Monmouth, 22.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monmouth is $5,869 per month. Households that rent pay about 16.11% of their income on rent here. Monmouth's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- South Monmouth, ME: equally priced homes
- Wales Corner, ME: less expensive homes
- North Monmouth, ME: less expensive homes
- Litchfield, ME: equally priced homes
- Spears Corner, ME: less expensive homes
- Leeds, ME: less expensive homes
- Winthrop, ME: higher priced homes
- Litchfield Corners, ME: equally priced homes
- Leeds Junction, ME: less expensive homes
- Greene, ME: equally priced homes
Cities with Similar Populations
- Arlington, VT: equally priced homes
- Zionville, NC: equally priced homes
- Windham, CT: less expensive homes
- Winchester, NH: less expensive homes
- Westfield, NC: less expensive homes
- Unionville, MO: less expensive homes
- Taylor, AL: less expensive homes
- Sunset Valley, TX: higher priced homes
- Stillwater, NJ: higher priced homes
- Plattsburg, MO: less expensive homes
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