Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Portland area can be challenging. Home prices in South Portland are now at a median cost of $311,590, higher than the Maine average of $243,042.
The average cost of rent is $1,474/mo in South Portland, primarily driven by the current value of real estate in the South Portland area. While nearly 35.12% of residents own their homes outright in South Portland, 40.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Portland is $6,176 per month. Households that rent pay about 23.87% of their income on rent here. South Portland's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Cape Elizabeth, ME: higher priced homes
- Portland, ME: higher priced homes
- Cash Corner, ME: higher priced homes
- Peaks Island, ME: higher priced homes
- Scarborough, ME: higher priced homes
- Westbrook, ME: less expensive homes
- Long Island, ME: higher priced homes
- Falmouth, ME: higher priced homes
- Cliff Island, ME: higher priced homes
- Cumberland Foreside, ME: higher priced homes
Cities with Similar Populations
- Fremont, OH: less expensive homes
- Tarpon Springs, FL: less expensive homes
- Tahlequah, OK: less expensive homes
- Stoughton, MA: higher priced homes
- Sachse, TX: equally priced homes
- Royse City, TX: less expensive homes
- Ravenna, OH: less expensive homes
- Ramsey, MN: equally priced homes
- Hazelwood, MO: less expensive homes
- Harvest, AL: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood