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

 

New Vineyard, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Vineyard area can be challenging. Home prices in New Vineyard are now at a median cost of $113,460, lower than the Maine average of $243,042.

The average cost of rent is $669/mo in New Vineyard, primarily driven by the current value of real estate in the New Vineyard area. While nearly 61.35% of residents own their homes outright in New Vineyard, 13.35% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Vineyard is $4,524 per month. Households that rent pay about 14.80% of their income on rent here. New Vineyard's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.


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