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These days, finding an affordable place to live in the South Addison area can be challenging. Home prices in South Addison are now at a median cost of $163,500, lower than the Maine average of $330,167.
The average cost of rent is $900/mo in South Addison, primarily driven by the current value of real estate in the South Addison area. In South Addison, 14.99% of households rent, and 54.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Addison is $4,210 per month. Households that rent pay about 21.38% of their income on rent here. South Addison’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ripley, ME: less expensive homes
- Addison, ME: equally priced homes
- Indian River, ME: less expensive homes
- Jonesport, ME: less expensive homes
- Marshville, ME: equally priced homes
- Wyman, ME: higher priced homes
- West Harrington, ME: equally priced homes
- Beals, ME: higher priced homes
- Milbridge, ME: higher priced homes
- Harrington, ME: equally priced homes
Cities with Similar Populations
- Point Commerce, IN: higher priced homes
- Reubensville, TN: higher priced homes
- Reserve, MT: less expensive homes
- Renfrow, OK: less expensive homes
- Renfroe, GA: less expensive homes
- Reighmoor, WI: higher priced homes
- Redwing, KS: equally priced homes
- Redlawn, VA: less expensive homes
- Redbird, WY: higher priced homes
- Pointe Aux Pins, MI: higher priced homes
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