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These days, finding an affordable place to live in the Solon area can be challenging. Home prices in Solon are now at a median cost of $215,647, lower than the Maine average of $330,167.
The average cost of rent is $894/mo in Solon, primarily driven by the current value of real estate in the Solon area. In Solon, 11.48% of households rent, and 57.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Solon is $6,438 per month. Households that rent pay about 13.89% of their income on rent here. Solon’s most expensive areas are in the southeastern 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.
Nearby Cities
- West Athens, ME: less expensive homes
- North Anson, ME: less expensive homes
- Athens, ME: less expensive homes
- Brighton, ME: less expensive homes
- Madison, ME: less expensive homes
- Bingham, ME: less expensive homes
- Anson, ME: less expensive homes
- North New Portland, ME: less expensive homes
- Skowhegan, ME: less expensive homes
- Hutchins Corner, ME: less expensive homes
Cities with Similar Populations
- Sewickley Hills, PA: higher priced homes
- Orangeville, UT: higher priced homes
- Parshall, ND: less expensive homes
- Patton Village, CA: higher priced homes
- Peabody, KS: less expensive homes
- Peach Springs, AZ: less expensive homes
- Rileyville, VA: higher priced homes
- Riverside, WA: higher priced homes
- Robeline, LA: less expensive homes
- Santa Ysabel, CA: higher priced homes
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