Living in Maine offers a unique lifestyle that might make you want to move there. With a stunning coastline along the Atlantic Ocean perfect for beach walks, lobster feasts, picturesque lighthouses, delightful small towns and the rugged scenery of Acadia National Park, there’s so much more to see and do in Maine place.
If you’re considering living somewhere in Maine, chances are you’re on a budget, too. to that moment Buying a home in Maine The median home sales price is $410,600.
If that price doesn’t fit your budget, don’t worry – we have a variety of options to help you find a house or apartment that fits your budget. Redfin compiled a list of seven of the most affordable places to live in Maine, all with lower median home sales than the state average. from waterville arrive bangorfind out which cities made the list.
#1: Waterville
Median house price: $260,000
Average sales price per square foot: $140
Median household income: $39,722
Nearest major subway: Bangor (55 miles)
Homes for sale in Waterville, ME
Apartments for Rent in Waterville, ME
With a median home sale price of $260,000, Waterville ranks No. 1 on our list of affordable places to live in Maine. This medium-sized city is home to approximately 15,800 residents. While staying in Waterville, you can hike the Quarry Road Trails and visit Colby College Art Museum. Be sure to explore downtown with its many shops, restaurants, and the Waterville Downtown Farmer’s Market on Thursdays.
#2: Augusta National
Median house price: $285,000
Average sales price per square foot: $176
Median household income: $38,842
Nearest major subway: Portland (60 miles)
Augusta, ME Homes for Sale
Augusta, ME Apartments for Rent
Augusta becomes the second most livable city in Maine. While you’re staying in this city of 18,900 people, stop by Capitol Park, where you can enjoy views of the Kennebec River and the Maine State Capitol. Be sure to hike the Kennebec River Trail, explore downtown, and visit Old Fort West, the oldest log fort in New England.
#3: Lewiston
Median house price: $312,000
Average sales price per square foot: $192
Median household income: $38,842
Nearest major subway: Portland (37 miles)
Lewiston, ME Homes for Sale
Apartments for Rent in Lewiston, ME
If you’re looking for an affordable place to live in Maine, consider adding Lewiston to your list of cities to consider moving to. This affordable town of 37,100 residents is perfect for you. While living in Lewiston, you can hike the trails at Thorncrag Bird Sanctuary, visit the scenic Heritage Park, and Lewiston Farmers Marketand visit historic sites such as the Continental Mill.
#4: Bangor
Median house price: $312,250
Average sales price per square foot: $173
Median household income: $47,538
Bangor, ME Homes for Sale
Bangor, ME Apartments for Rent
Approximately 31,700 people live in Bangor. The median home sale price is $312,250, about $100,000 less than the Maine median home sale price. Be sure to explore museums like this one Zillman Museum of Art, Maine Discovery Museumor Cole Land Transportation Museum. If you move to the fourth cheapest city, you can also explore downtown and the Bangor waterfront, and hike or cross-country ski in the Bangor Urban Forest.
#5: Orono
Median house price: $325,000
Average sales price per square foot: $179
Average rent for a one-bedroom apartment: $1,200
Median household income: $43,102
Nearest major subway: Bangor (10 miles)
Orono, ME Homes for Sale
Apartments for Rent in Orono, ME
Another city of note is Orono, where you’ll find home prices about $85,000 less than the state average. With approximately 11,200 residents, Orono is a great city to consider renting or buying a home this year. There are a lot of things to do in this city. You can spend an afternoon at Pushaw Lake, hike the trails of the Stillwater Trail or Jeremiah Colburn Natural Area, and visit Downtown Orono as well as many other favorite area attractions.
#6: Auburn
Median house price: $377,500
Average sales price per square foot: $249
Median household income: $38,842
Nearest major subway: Portland (35 miles)
Auburn, ME Homes for Sale
Auburn, ME Apartments for Rent
A little more expensive than Orono is Auburn, the next city on our list. With a population of nearly 24,100, the city has a lot to do. Plan a hike along the Lake Auburn Nature Trail, where you can enjoy picturesque views of Lake Auburn, explore the riverfront, and explore nearby Lewiston via the Longley Bridge.
#7: Sanford
Median house price: $379,900
Average sales price per square foot: $237
Median household income: $58,294
Nearest major subway: Portland (35 miles)
Homes for sale in Sanford, ME
Apartments for Rent in Sanford, ME
Sanford is last on the list of affordable places to live in Maine. With a population of nearly 21,900 people, although you live in a mid-sized city, there’s no shortage of things to do in Sanford. If you’re moving to the city, be sure to hike the Mousam Way Trails, camp at one of the campgrounds, and tour downtown.
method: According to the U.S. Census, all cities must have more than 10,000 residents and have a median home sales price lower than the average median home sales price in Maine. Median home sales and median sales price per square foot Red Fin Information Center Average rent data for the period July 2024 rental network August 2023. U.S. Census Bureau.
