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These days, finding an affordable place to live in the Rangeley area can be challenging. Home prices in Rangeley are now at a median cost of $407,181, higher than the Maine average of $330,167.
The average cost of rent is $673/mo in Rangeley, primarily driven by the current value of real estate in the Rangeley area. In Rangeley, 24.57% of households rent, and 46.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rangeley is $5,629 per month. Households that rent pay about 11.96% of their income on rent here. Rangeley’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oquossoc, ME: equally priced homes
- South Rangeley, ME: equally priced homes
- Reeds, ME: less expensive homes
- Stratton, ME: less expensive homes
- Phillips, ME: less expensive homes
- Wilsons Mills, ME: less expensive homes
- Errol, ME: less expensive homes
- Eustis, ME: less expensive homes
- North Jay, ME: less expensive homes
- Roxbury, ME: less expensive homes
Cities with Similar Populations
- Tula, MS: equally priced homes
- Cherrylog, GA: higher priced homes
- Coahoma, TX: less expensive homes
- Eagleville, PA: equally priced homes
- Gainesville, MO: less expensive homes
- Gates, TN: less expensive homes
- Senecaville, OH: less expensive homes
- Shipman, VA: less expensive homes
- Timber Trails, LA: less expensive homes
- Andreas, PA: less expensive homes
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