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

 

South Woodville, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Woodville area can be challenging. Home prices in South Woodville are now at a median cost of $144,200, lower than the Maine average of $330,167.

The average cost of rent is $837/mo in South Woodville, primarily driven by the current value of real estate in the South Woodville area. In South Woodville, 22.29% of households rent, and 54.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in South Woodville is $5,119 per month. Households that rent pay about 16.35% of their income on rent here. South Woodville’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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