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These days, finding an affordable place to live in the New Portland area can be challenging. Home prices in New Portland are now at a median cost of $279,426, lower than the Maine average of $330,167.
The average cost of rent is $851/mo in New Portland, primarily driven by the current value of real estate in the New Portland area. In New Portland, 11.84% of households rent, and 64.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Portland is $4,573 per month. Households that rent pay about 18.60% of their income on rent here. New Portland’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Forks, ME: less expensive homes
- Pleasant Pond, ME: less expensive homes
- Caratunk, ME: less expensive homes
- North Jay, ME: higher priced homes
- Bingham, ME: less expensive homes
- Kingfield, ME: equally priced homes
- Eustis, ME: equally priced homes
- Stratton, ME: equally priced homes
- Shirley Mills, ME: less expensive homes
- North New Portland, ME: less expensive homes
Cities with Similar Populations
- Spring Mills, NY: less expensive homes
- Herman, NJ: higher priced homes
- Hesper, IA: higher priced homes
- Hessdale, KS: less expensive homes
- Hewins, KS: less expensive homes
- Hext, OK: less expensive homes
- Higby, OH: less expensive homes
- Hiland, WY: higher priced homes
- Himmel, MO: less expensive homes
- Helena, LA: less expensive homes
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