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

 

South Freeport, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Freeport area can be challenging. Home prices in South Freeport are now at a median cost of $363,924, higher than the Maine average of $243,042.

The average cost of rent is $1,477/mo in South Freeport, primarily driven by the current value of real estate in the South Freeport area. While nearly 44.30% of residents own their homes outright in South Freeport, 12.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Freeport is $7,269 per month. Households that rent pay about 20.32% of their income on rent here. South Freeport's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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