Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Monmouth area can be challenging. Home prices in South Monmouth are now at a median cost of $220,176, lower than the Maine average of $243,042.
The average cost of rent is $1,032/mo in South Monmouth, primarily driven by the current value of real estate in the South Monmouth area. While nearly 35.72% of residents own their homes outright in South Monmouth, 12.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Monmouth is $5,318 per month. Households that rent pay about 19.40% of their income on rent here. South Monmouth's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Litchfield, ME: equally priced homes
- Wales Corner, ME: less expensive homes
- Litchfield Corners, ME: equally priced homes
- Monmouth, ME: equally priced homes
- Litchfield Plains, ME: equally priced homes
- Sabattus, ME: less expensive homes
- Spears Corner, ME: less expensive homes
- Greene, ME: equally priced homes
- Richmond Corner, ME: equally priced homes
- Bowdoin, ME: equally priced homes
Cities with Similar Populations
- Penny Pot, NJ: equally priced homes
- Pilot Point, AK: less expensive homes
- Philadelphia, IL: less expensive homes
- Peterson, IN: equally priced homes
- Perth, ND: less expensive homes
- Persimmon, KY: less expensive homes
- Perryman, MD: equally priced homes
- Perkins, WV: less expensive homes
- Pentoga, MI: less expensive homes
- Pine City, AR: less expensive homes
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