The Most Affordable Neighborhoods in South Addison, ME by Home Value

 

South Addison, ME Map of Most Affordable Neighborhoods
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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 $131,200, lower than the Maine average of $243,042.

The average cost of rent is $725/mo in South Addison, primarily driven by the current value of real estate in the South Addison area. While nearly 59.27% of residents own their homes outright in South Addison, 10.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Addison is $3,591 per month. Households that rent pay about 20.19% 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.


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