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

 

South Waldoboro, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Waldoboro area can be challenging. Home prices in South Waldoboro are now at a median cost of $178,378, lower than the Maine average of $243,042.

The average cost of rent is $707/mo in South Waldoboro, primarily driven by the current value of real estate in the South Waldoboro area. While nearly 38.35% of residents own their homes outright in South Waldoboro, 19.34% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Waldoboro is $3,952 per month. Households that rent pay about 17.88% of their income on rent here. South Waldoboro'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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