The Most Affordable Neighborhoods in New Sweden, ME by Home Value

 

New Sweden, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Sweden area can be challenging. Home prices in New Sweden are now at a median cost of $128,524, lower than the Maine average of $243,042.

The average cost of rent is $615/mo in New Sweden, primarily driven by the current value of real estate in the New Sweden area. While nearly 57.30% of residents own their homes outright in New Sweden, 16.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Sweden is $3,949 per month. Households that rent pay about 15.58% of their income on rent here. New Sweden's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.


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