
Home Price Key
These days, finding an affordable place to live in the Southwest Harbor area can be challenging. Home prices in Southwest Harbor are now at a median cost of $335,670, higher than the Maine average of $243,042.
The average cost of rent is $695/mo in Southwest Harbor, primarily driven by the current value of real estate in the Southwest Harbor area. While nearly 64.94% of residents own their homes outright in Southwest Harbor, 41.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southwest Harbor is $4,108 per month. Households that rent pay about 16.92% of their income on rent here. Southwest Harbor's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Seawall, ME: less expensive homes
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- Mount Desert, ME: higher priced homes
- Islesford, ME: less expensive homes
- Seal Harbor, ME: higher priced homes
- Frenchboro, ME: less expensive homes
- Indian Point, ME: higher priced homes
Cities with Similar Populations
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- Sterling City, TX: less expensive homes
- Turkey Creek, LA: less expensive homes
- Valley View, PA: less expensive homes
- Vernon Center, NY: less expensive homes
- Aroma Park, IL: less expensive homes
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