
Home Price Key
These days, finding an affordable place to live in the Squirrel Island area can be challenging. Home prices in Squirrel Island are now at a median cost of $370,177, higher than the Maine average of $243,042.
The average cost of rent is $875/mo in Squirrel Island, primarily driven by the current value of real estate in the Squirrel Island area. While nearly 69.40% of residents own their homes outright in Squirrel Island, 15.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Squirrel Island is $6,322 per month. Households that rent pay about 13.84% of their income on rent here. Squirrel Island's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
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