The Most Affordable Neighborhoods in Stanwood Park, South Portland, ME by Home Value

 

Stanwood Park, South Portland, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Stanwood Park area can be challenging. Home prices in Stanwood Park are now at a median cost of $516,388, higher than the South Portland average of $469,310.

The average cost of rent is $1,769/mo in Stanwood Park, primarily driven by the current value of real estate in the Stanwood Park area. In Stanwood Park, 16.01% of households rent, and 34.76% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Stanwood Park is $9,686 per month. Households that rent pay about 18.27% of their income on rent here. Stanwood Park’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the neighborhood.

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


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