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

 

Rumford Corner, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rumford Corner area can be challenging. Home prices in Rumford Corner are now at a median cost of $168,400, lower than the Maine average of $243,042.

The average cost of rent is $950/mo in Rumford Corner, primarily driven by the current value of real estate in the Rumford Corner area. While nearly 57.38% of residents own their homes outright in Rumford Corner, 8.96% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rumford Corner is $4,588 per month. Households that rent pay about 20.70% of their income on rent here. Rumford Corner'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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