The Most and Least Expensive Areas to Rent in North Monmouth, ME

North Monmouth renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

North Monmouth, ME of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in North Monmouth is about $1,079 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,013. Households in North Monmouth have a median income of $6,887 per month so the average renter in North Monmouth is spending roughly 16% of their earnings on housing.

Nationally, and in North Monmouth, home values are the data point most closely correlated with the cost of rent. The median price of a home in North Monmouth is $186,785 right now, which is lower than nearby cities, meaning that rents in North Monmouth also tend to be lower versus these nearby cities.

Higher rent prices are common in the central parts of North Monmouth while lower rent rates are often available in eastern areas.

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