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These days, finding an affordable place to live in the Skowhegan area can be challenging. Home prices in Skowhegan are now at a median cost of $178,935, lower than the Maine average of $330,167.
The average cost of rent is $931/mo in Skowhegan, primarily driven by the current value of real estate in the Skowhegan area. In Skowhegan, 31.12% of households rent, and 41.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Skowhegan is $4,695 per month. Households that rent pay about 19.82% of their income on rent here. Skowhegan’s most expensive areas are in the northwestern 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
- East Madison, ME: higher priced homes
- Larone, ME: equally priced homes
- Hinckley, ME: equally priced homes
- Madison, ME: equally priced homes
- Canaan, ME: less expensive homes
- Norridgewock, ME: equally priced homes
- Athens, ME: less expensive homes
- Rome, ME: equally priced homes
- Anson, ME: less expensive homes
- Shawmut, ME: higher priced homes
Cities with Similar Populations
- Edgemere, MD: higher priced homes
- Elma, NY: higher priced homes
- Elkton, VA: higher priced homes
- Elkins, WV: less expensive homes
- Elkin, NC: equally priced homes
- Eldridge, IA: higher priced homes
- Eldon, MO: equally priced homes
- Elbert, CO: higher priced homes
- Eidson Road, TX: less expensive homes
- Effort, PA: higher priced homes
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