The Most Affordable Neighborhoods in Swans Island, ME by Home Value

 

Swans Island, ME Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Swans Island area can be challenging. Home prices in Swans Island are now at a median cost of $285,100, higher than the Maine average of $243,042.

The average cost of rent is $839/mo in Swans Island, primarily driven by the current value of real estate in the Swans Island area. While nearly 52.84% of residents own their homes outright in Swans Island, 21.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in Swans Island is $5,739 per month. Households that rent pay about 14.62% of their income on rent here. Swans Island's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.


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