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Affordable
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These days, finding an affordable place to live in the New Limerick area can be challenging. Home prices in New Limerick are now at a median cost of $160,593, lower than the Maine average of $330,167.
The average cost of rent is $702/mo in New Limerick, primarily driven by the current value of real estate in the New Limerick area. In New Limerick, 13.28% of households rent, and 43.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Limerick is $5,070 per month. Households that rent pay about 13.85% of their income on rent here. New Limerick’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ludlow, ME: less expensive homes
- Linneus, ME: equally priced homes
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- Cary, ME: equally priced homes
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- Smyrna Mills, ME: less expensive homes
- North Amity, ME: equally priced homes
Cities with Similar Populations
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- Waterproof, LA: less expensive homes
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- Wallaceton, KY: higher priced homes
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