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

 

South Princeton, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Princeton area can be challenging. Home prices in South Princeton are now at a median cost of $134,828, lower than the Maine average of $330,167.

The average cost of rent is $703/mo in South Princeton, primarily driven by the current value of real estate in the South Princeton area. In South Princeton, 19.20% of households rent, and 52.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Princeton is $5,404 per month. Households that rent pay about 13.01% of their income on rent here. South Princeton’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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