Expensive
Affordable
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These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $112,257, lower than the Maine average of $330,167.
The average cost of rent is $500/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. In Princeton, 23.58% of households rent, and 68.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $4,017 per month. Households that rent pay about 12.45% of their income on rent here. Princeton’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- West Princeton, ME: higher priced homes
- South Princeton, ME: higher priced homes
- Waite, ME: higher priced homes
- Grand Lake Stream, ME: higher priced homes
- Baileyville, ME: higher priced homes
- Woodland, ME: higher priced homes
- Alexander, ME: higher priced homes
- Meddybemps, ME: higher priced homes
- Topsfield, ME: higher priced homes
- Calais, ME: higher priced homes
Cities with Similar Populations
- Lebo, KS: higher priced homes
- St. Marys City, MD: higher priced homes
- St. Cloud, WI: higher priced homes
- St. Charles, IA: higher priced homes
- Santa Anna, TX: less expensive homes
- Mountain Ranch, CA: higher priced homes
- Medanales, NM: higher priced homes
- Marianna, PA: higher priced homes
- Lewisville, AR: less expensive homes
- Albright, WV: higher priced homes
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