Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Perham area can be challenging. Home prices in Perham are now at a median cost of $123,002, lower than the Maine average of $330,167.
The average cost of rent is $720/mo in Perham, primarily driven by the current value of real estate in the Perham area. In Perham, 13.33% of households rent, and 58.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Perham is $4,607 per month. Households that rent pay about 15.63% of their income on rent here. Perham’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Wade, ME: equally priced homes
- Colby, ME: higher priced homes
- Sweden, ME: higher priced homes
- Washburn, ME: equally priced homes
- New Sweden, ME: higher priced homes
- Caribou, ME: equally priced homes
- Jemtland, ME: higher priced homes
- North Lyndon, ME: higher priced homes
- Stockholm, ME: higher priced homes
- Mapleton, ME: higher priced homes
Cities with Similar Populations
- Golden Valley, ND: higher priced homes
- Vanmeter Park, IN: higher priced homes
- Vanderpool, VA: higher priced homes
- Valyermo, CA: higher priced homes
- Valmy, NV: higher priced homes
- Townsend, MS: less expensive homes
- Topeka Junction, GA: higher priced homes
- Harvel, IL: higher priced homes
- Hackney, KS: higher priced homes
- Vesta, VA: higher priced homes
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