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These days, finding an affordable place to live in the Washburn area can be challenging. Home prices in Washburn are now at a median cost of $115,397, lower than the Maine average of $330,167.
The average cost of rent is $495/mo in Washburn, primarily driven by the current value of real estate in the Washburn area. In Washburn, 20.31% of households rent, and 52.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washburn is $4,529 per month. Households that rent pay about 10.93% of their income on rent here. Washburn’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Wade, ME: higher priced homes
- Perham, ME: equally priced homes
- Mapleton, ME: higher priced homes
- Colby, ME: higher priced homes
- Caribou, ME: higher priced homes
- Presque Isle, ME: higher priced homes
- Sweden, ME: higher priced homes
- New Sweden, ME: higher priced homes
- Maple Grove, ME: higher priced homes
- Spragueville, ME: higher priced homes
Cities with Similar Populations
- Hope, ME: higher priced homes
- Smarr, GA: higher priced homes
- Malta, IL: higher priced homes
- Macedonia, TX: higher priced homes
- La Center, KY: higher priced homes
- Krotz Springs, LA: equally priced homes
- Julian, PA: higher priced homes
- Jeffersonville, NY: higher priced homes
- Hurley, VA: less expensive homes
- Smock, PA: higher priced homes
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