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These days, finding an affordable place to live in the Waltham area can be challenging. Home prices in Waltham are now at a median cost of $200,125, lower than the Maine average of $330,167.
The average cost of rent is $1,083/mo in Waltham, primarily driven by the current value of real estate in the Waltham area. In Waltham, 16.23% of households rent, and 36.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waltham is $5,450 per month. Households that rent pay about 19.87% of their income on rent here. Waltham’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winkumpaugh Corners, ME: equally priced homes
- Mariaville, ME: higher priced homes
- Franklin, ME: higher priced homes
- Fletchers Landing, ME: equally priced homes
- West Franklin, ME: higher priced homes
- Aurora, ME: higher priced homes
- Green Lake, ME: higher priced homes
- East Franklin, ME: higher priced homes
- Ellsworth, ME: higher priced homes
- Dedham, ME: higher priced homes
Cities with Similar Populations
- Madison Center, NY: less expensive homes
- Long Rock, TN: less expensive homes
- Longtown, MO: less expensive homes
- Longwoods, MD: higher priced homes
- Lorella, OR: higher priced homes
- Lorenzo, ID: higher priced homes
- Louisburg, MN: higher priced homes
- Ludington, LA: less expensive homes
- Lund, NV: higher priced homes
- Luzerne, IA: higher priced homes
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