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

 

South Bristol, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Bristol area can be challenging. Home prices in South Bristol are now at a median cost of $368,481, higher than the Maine average of $243,042.

The average cost of rent is $1,100/mo in South Bristol, primarily driven by the current value of real estate in the South Bristol area. While nearly 55.24% of residents own their homes outright in South Bristol, 29.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Bristol is $5,559 per month. Households that rent pay about 19.78% of their income on rent here. South Bristol's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.


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