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These days, finding an affordable place to live in the Sanford area can be challenging. Home prices in Sanford are now at a median cost of $294,759, lower than the Maine average of $330,167.
The average cost of rent is $1,184/mo in Sanford, primarily driven by the current value of real estate in the Sanford area. In Sanford, 38.13% of households rent, and 26.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sanford is $6,529 per month. Households that rent pay about 18.14% of their income on rent here. Sanford’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Springvale, ME: equally priced homes
- South Sanford, ME: equally priced homes
- East Lebanon, ME: higher priced homes
- North Lebanon, ME: equally priced homes
- North Alfred, ME: higher priced homes
- Alfred Mills, ME: equally priced homes
- Emery Mills, ME: equally priced homes
- Tatnic, ME: higher priced homes
- Alfred, ME: higher priced homes
- Wells Branch, ME: higher priced homes
Cities with Similar Populations
- Lake Morton-Berrydale, WA: higher priced homes
- San Marino, CA: higher priced homes
- Saltillo, MS: less expensive homes
- Salisbury, NY: higher priced homes
- Rossville, MD: higher priced homes
- Rogersville, MO: equally priced homes
- Rodeo, CA: higher priced homes
- Long Valley, NJ: higher priced homes
- Little Chute, WI: equally priced homes
- Linganore, MD: higher priced homes
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