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Affordable
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These days, finding an affordable place to live in the Parkman area can be challenging. Home prices in Parkman are now at a median cost of $160,201, lower than the Maine average of $330,167.
The average cost of rent is $875/mo in Parkman, primarily driven by the current value of real estate in the Parkman area. In Parkman, 19.95% of households rent, and 64.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkman is $4,173 per month. Households that rent pay about 20.96% of their income on rent here. Parkman’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Abbot Village, ME: equally priced homes
- Guilford, ME: equally priced homes
- Cambridge, ME: higher priced homes
- Sangerville, ME: less expensive homes
- Abbot, ME: higher priced homes
- Upper Abbot, ME: equally priced homes
- North Guilford, ME: higher priced homes
- Wellington, ME: equally priced homes
- Dexter, ME: higher priced homes
- Mainstream, ME: higher priced homes
Cities with Similar Populations
- Grissom Arb, IN: higher priced homes
- St. Lawrence, WI: higher priced homes
- St. Albans Bay, VT: higher priced homes
- Sprouses Corner, VA: higher priced homes
- Springville, OH: higher priced homes
- Harcum, VA: higher priced homes
- Hannasville, PA: higher priced homes
- Hannah, SC: less expensive homes
- Handle, MS: less expensive homes
- Stanley, AL: higher priced homes
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