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These days, finding an affordable place to live in the Ripley area can be challenging. Home prices in Ripley are now at a median cost of $145,532, lower than the Maine average of $330,167.
The average cost of rent is $848/mo in Ripley, primarily driven by the current value of real estate in the Ripley area. In Ripley, 16.75% of households rent, and 60.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ripley is $5,346 per month. Households that rent pay about 15.86% of their income on rent here. Ripley’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Addison, ME: higher priced homes
- West Harrington, ME: higher priced homes
- Marshville, ME: equally priced homes
- Addison, ME: higher priced homes
- Harrington, ME: equally priced homes
- Milbridge, ME: higher priced homes
- Wyman, ME: higher priced homes
- Pigeon Hill, ME: higher priced homes
- Indian River, ME: equally priced homes
- Columbia Falls, ME: higher priced homes
Cities with Similar Populations
- Oscarville, AK: less expensive homes
- Overview, PA: higher priced homes
- Overly, ND: higher priced homes
- Ottumwa, SD: equally priced homes
- Otto, IN: higher priced homes
- Ottawa, PA: higher priced homes
- Otselic Center, NY: less expensive homes
- Oswego, IN: higher priced homes
- Oshanter, PA: higher priced homes
- Owanka, SD: higher priced homes
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