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These days, finding an affordable place to live in the Prospect Harbor area can be challenging. Home prices in Prospect Harbor are now at a median cost of $291,058, lower than the Maine average of $330,167.
The average cost of rent is $1,272/mo in Prospect Harbor, primarily driven by the current value of real estate in the Prospect Harbor area. In Prospect Harbor, 18.70% of households rent, and 54.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prospect Harbor is $5,319 per month. Households that rent pay about 23.92% of their income on rent here. Prospect Harbor’s most expensive areas are in the eastern 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
- Winter Harbor, ME: less expensive homes
- Birch Harbor, ME: less expensive homes
- Gouldsboro, ME: equally priced homes
- Corea, ME: less expensive homes
- Steuben, ME: less expensive homes
- Sorrento, ME: less expensive homes
- Pigeon Hill, ME: less expensive homes
- Sullivan, ME: less expensive homes
- Wyman, ME: less expensive homes
- Bar Harbor, ME: higher priced homes
Cities with Similar Populations
- McCorkle, VA: less expensive homes
- Plummer, MN: less expensive homes
- Munsonville, NH: higher priced homes
- Munjor, KS: less expensive homes
- Mountain Grove, AL: less expensive homes
- Meridian, CA: higher priced homes
- Melrose, TX: less expensive homes
- Medusa, NY: less expensive homes
- McMillan, OK: less expensive homes
- McGee, WV: less expensive homes
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