The Most Affordable Neighborhoods in Red Beach, ME by Home Value

 

Red Beach, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Beach area can be challenging. Home prices in Red Beach are now at a median cost of $176,900, lower than the Maine average of $243,042.

The average cost of rent is $1,205/mo in Red Beach, primarily driven by the current value of real estate in the Red Beach area. While nearly 49.88% of residents own their homes outright in Red Beach, 16.21% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Beach is $5,521 per month. Households that rent pay about 21.83% of their income on rent here. Red Beach's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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