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These days, finding an affordable place to live in the Stratton area can be challenging. Home prices in Stratton are now at a median cost of $262,827, lower than the Maine average of $330,167.
The average cost of rent is $915/mo in Stratton, primarily driven by the current value of real estate in the Stratton area. In Stratton, 34.90% of households rent, and 68.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stratton is $2,790 per month. Households that rent pay about 32.80% of their income on rent here. Stratton’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eustis, ME: equally priced homes
- North Jay, ME: higher priced homes
- Kingfield, ME: equally priced homes
- Rangeley, ME: higher priced homes
- Reeds, ME: less expensive homes
- Oquossoc, ME: higher priced homes
- New Portland, ME: equally priced homes
- Caratunk, ME: less expensive homes
- South Rangeley, ME: higher priced homes
- Phillips, ME: less expensive homes
Cities with Similar Populations
- Wilkinson, TX: less expensive homes
- Fruitdale, AL: less expensive homes
- Fults, IL: less expensive homes
- Garner, AR: less expensive homes
- Garner, KY: less expensive homes
- Goodhope, MO: less expensive homes
- Gordon, OH: less expensive homes
- Goshen, CA: higher priced homes
- Green Hill, NC: equally priced homes
- Green Pond, SC: less expensive homes
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