Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ocean Avenue area can be challenging. Home prices in Ocean Avenue are now at a median cost of $343,289, lower than the Portland average of $348,386.
The average cost of rent is $1,473/mo in Ocean Avenue, primarily driven by the current value of real estate in the Ocean Avenue area. While nearly 32.83% of residents own their homes outright in Ocean Avenue, 27.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ocean Avenue is $8,376 per month. Households that rent pay about 17.59% of their income on rent here. Ocean Avenue's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Nearby Neighborhoods
- Deering, Portland, ME: higher priced homes
- Oakdale, Portland, ME: higher priced homes
- East Deering, Portland, ME: less expensive homes
- Rosemont, Portland, ME: equally priced homes
- Parkside, Portland, ME: higher priced homes
- North Deering, Portland, ME: less expensive homes
- East End, Portland, ME: higher priced homes
- Riverton, Portland, ME: less expensive homes
- Nasons Corner, Portland, ME: less expensive homes
- Downtown, Portland, ME: higher priced homes
Neighborhoods with Similar Populations
- Allen, Buffalo, NY: equally priced homes
- Wortendyke, Midland Park, NJ: higher priced homes
- Arena District, San Antonio, TX: less expensive homes
- Westwood, Pittsburgh, PA: less expensive homes
- Woodhaven, Fargo, ND: equally priced homes
- Wildes Corner, Warwick, RI: less expensive homes
- Woodbridge, Detroit, MI: less expensive homes
- Overlook Park, Allentown, PA: less expensive homes
- Noralto, Sacramento, CA: less expensive homes
- Overbrook, Pittsburgh, PA: less expensive homes
All Local Stats
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