The Most Affordable Neighborhoods in North Parsonfield, ME by Home Value

 

North Parsonfield, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the North Parsonfield area can be challenging. Home prices in North Parsonfield are now at a median cost of $274,422, lower than the Maine average of $330,167.

The average cost of rent is $1,205/mo in North Parsonfield, primarily driven by the current value of real estate in the North Parsonfield area. In North Parsonfield, 12.62% of households rent, and 34.80% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in North Parsonfield is $6,447 per month. Households that rent pay about 18.69% of their income on rent here. North Parsonfield’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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