The Most Affordable Neighborhoods in Randolph, ME by Home Value

These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $180,856, lower than the Maine average of $330,167.

The average cost of rent is $1,185/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. In Randolph, 22.40% of households rent, and 52.03% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Randolph is $6,115 per month. Households that rent pay about 19.37% of their income on rent here. Randolph’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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