The Most Affordable Neighborhoods in Richmond Corner, ME by Home Value

 

Richmond Corner, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Richmond Corner area can be challenging. Home prices in Richmond Corner are now at a median cost of $334,924, higher than the Maine average of $330,167.

The average cost of rent is $1,031/mo in Richmond Corner, primarily driven by the current value of real estate in the Richmond Corner area. In Richmond Corner, 13.11% of households rent, and 28.53% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Richmond Corner is $6,300 per month. Households that rent pay about 16.37% of their income on rent here. Richmond Corner’s most expensive areas are in the southern 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.


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