Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Old Town area can be challenging. Home prices in Old Town are now at a median cost of $145,994, lower than the Maine average of $243,042.
The average cost of rent is $878/mo in Old Town, primarily driven by the current value of real estate in the Old Town area. While nearly 42.75% of residents own their homes outright in Old Town, 37.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Old Town is $4,050 per month. Households that rent pay about 21.68% of their income on rent here. Old Town's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Milford, ME: equally priced homes
- Orono, ME: higher priced homes
- Bradley, ME: equally priced homes
- West Old Town, ME: equally priced homes
- Indian Island Penobscot Indian Reservation, ME: equally priced homes
- Glenburn Center, ME: higher priced homes
- Eddington, ME: higher priced homes
- Costigan, ME: less expensive homes
- East Eddington, ME: higher priced homes
- Greenbush, ME: less expensive homes
Cities with Similar Populations
- Rensselaer, IN: less expensive homes
- Montvale, NJ: higher priced homes
- Moorestown, NJ: higher priced homes
- Portola Valley, CA: higher priced homes
- Pratt, KS: less expensive homes
- Raiford, FL: less expensive homes
- Rainsville, AL: equally priced homes
- Ranchettes, WY: higher priced homes
- Ranchos de Taos, NM: higher priced homes
- Ranson, WV: higher priced homes
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