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These days, finding an affordable place to live in the North Palermo area can be challenging. Home prices in North Palermo are now at a median cost of $168,520, lower than the Maine average of $243,042.
The average cost of rent is $851/mo in North Palermo, primarily driven by the current value of real estate in the North Palermo area. While nearly 41.80% of residents own their homes outright in North Palermo, 12.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Palermo is $5,574 per month. Households that rent pay about 15.27% of their income on rent here. North Palermo's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Benton, ME: less expensive homes
- Palermo, ME: higher priced homes
- Freedom, ME: equally priced homes
- Shermans Corner, ME: higher priced homes
- Albion, ME: less expensive homes
- Greens Corner, ME: less expensive homes
- Liberty, ME: higher priced homes
- Knox Corner, ME: less expensive homes
- Jones Corner, ME: higher priced homes
- China, ME: higher priced homes
Cities with Similar Populations
- Opole, MN: higher priced homes
- Richland, OR: higher priced homes
- Richford, WI: higher priced homes
- Richardson, NC: less expensive homes
- Rich Fountain, MO: equally priced homes
- Reynoldsville, GA: less expensive homes
- Revloc, PA: equally priced homes
- Red Rock, OK: less expensive homes
- Pine Village, IN: equally priced homes
- Perry Center, NY: less expensive homes
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