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Affordable
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These days, finding an affordable place to live in the Old Orchard Beach area can be challenging. Home prices in Old Orchard Beach are now at a median cost of $394,481, higher than the Maine average of $330,167.
The average cost of rent is $1,190/mo in Old Orchard Beach, primarily driven by the current value of real estate in the Old Orchard Beach area. In Old Orchard Beach, 31.80% of households rent, and 45.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Orchard Beach is $5,552 per month. Households that rent pay about 21.43% of their income on rent here. Old Orchard Beach’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Saco, ME: higher priced homes
- Biddeford, ME: equally priced homes
- Scarborough, ME: higher priced homes
- Kennebunkport, ME: higher priced homes
- Cash Corner, ME: higher priced homes
- Bar Mills, ME: higher priced homes
- Buxton, ME: equally priced homes
- South Portland, ME: higher priced homes
- Salmon Falls, ME: less expensive homes
- Cape Elizabeth, ME: higher priced homes
Cities with Similar Populations
- Purcell, OK: less expensive homes
- North College Hill, OH: less expensive homes
- North Gates, NY: less expensive homes
- Nyack, NY: higher priced homes
- Oak Brook, IL: higher priced homes
- Oak Hill, WV: less expensive homes
- Paola, KS: less expensive homes
- Peculiar, MO: less expensive homes
- Pine Bush, NY: equally priced homes
- Portland, CT: less expensive homes
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