
Home Price Key
These days, finding an affordable place to live in the Vinalhaven area can be challenging. Home prices in Vinalhaven are now at a median cost of $538,058, higher than the Maine average of $243,042.
The average cost of rent is $997/mo in Vinalhaven, primarily driven by the current value of real estate in the Vinalhaven area. While nearly 62.16% of residents own their homes outright in Vinalhaven, 16.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Vinalhaven is $6,380 per month. Households that rent pay about 15.62% of their income on rent here. Vinalhaven's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
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