Residing in Maine provides a special way of life that simply may make you wish to move there. With its sensational shoreline along the Atlantic Ocean ideal for beachcombing, lobster banquets, and seeing the attractive lighthouses, wonderful villages, and rugged landscapes of the Acadia National Forest, there’s far more to do and see in Maine.
If you’re thinking about living someplace in Maine then possibilities are you likewise have a budget plan you’re wishing to remain under. When it pertains to purchasing a house in Maine the mean house list price is $388,000.
Do not fret if that rate does not suit your budget plan– we have actually got choices to assist you discover a house or house that does. Redfin has actually assembled a list of the 7 of the most inexpensive locations to reside in Maine– and they all have a mean house list price under the state’s average. From Waterville to Bangor, discover which cities made the list.
# 1: Waterville
Average house rate: $204,250
Typical list price per square foot: $134
Average family earnings: $ 39,722
Closest significant city: Bangor (55 miles)
Waterville, ME houses for sale
Waterville, ME homes for lease
With a mean house list price of $204,250, Waterville takes the top area on our list of inexpensive locations to reside in Maine. There have to do with 15,800 locals residing in this mid-sized city. Residing in Waterville, you can trek along the Quarry Roadway Trails and take a look at the Colby College Museum of Art. Ensure to check out downtown where you’ll discover great deals of stores, dining establishments, and the Downtown Waterville Farmers’ Market on Thursdays.
# 2: Augusta
Average house rate: $ 250,000
Typical list price per square foot: $196
Average family earnings: $ 38,842
Closest significant city: Portland (60 miles)
Augusta, ME houses for sale
Augusta, ME homes for lease
Being Available In as the 2nd most inexpensive city to reside in Maine is Augusta. When residing in this city of 18,900 individuals, you can visit Capitol Park where you’ll discover views of the Kennebec River and the Maine State Home. Ensure to trek the Kennebec River Path, check out downtown, and take a look at Old Fort Western, the earliest standing wood fort in New England.
# 3: Bangor
Average house rate: $ 292,000
Typical list price per square foot: $165
Average family earnings: $47,538
Bangor, ME houses for sale
Bangor, ME homes for lease
About 31,700 individuals live in Bangor. The mean house list price is $292,000 which has to do with $75K less than the mean house list price in Maine. Ensure to find museums like the Zillman Art Museum, Maine Discovery Museum, or Cole Land Transport Museum. You can likewise check out downtown and the Bangor Waterside, and trek or cross nation ski at Bangor City Forest if you relocate to the 3rd most inexpensive city.
# 4: Auburn
Average house rate: $ 320,000
Typical list price per square foot: $ 217
Average family earnings: $ 38,842
Closest significant city: Portland (35 miles)
Auburn, ME houses for sale
Auburn, ME homes for lease
Just somewhat more pricey than Bangor is Auburn, the next city on our list. With a population near to 24,100, there’s still plenty to do in this city. Strategy to trek along Auburn Lake Nature Path where you’ll discover attractive views of Lake Auburn, check out the riverfront locations, and take the Longley Bridge over to check out close-by Lewiston.
# 5: Lewiston
Average house rate: $ 341,670
Typical list price per square foot: $176
Average family earnings: $38,842
Closest significant city: Portland (37 miles)
Lewiston, ME houses for sale
Lewiston, ME homes for lease
Think about including Lewiston to your list of cities to think about transferring to if you’re trying to find an inexpensive location to relocate to in Maine. House to 37,100 locals, this inexpensive town can be a terrific choice to contribute to your list. Residing in Lewiston, you can trek the tracks at Thorncrag Bird Sanctuary, take a look at the picturesque Heritage Park, see the regional suppliers at Lewiston Farmers’ Market, and visit historical websites like Continental Mill.
# 6: Orono
Average house rate: $350,000
Typical list price per square foot: $ 157
Typical lease for a 1-bedroom house: $1,200
Average family earnings: $ 43,102
Closest significant city: Bangor (10 miles)
Orono, ME houses for sale
Orono, ME homes for lease
Another notable city is Orono, where you’ll discover the house costs have to do with $38K less than the state’s average. Orono has about 11,200 locals and is a terrific city to think about leasing or purchasing a home in this year. There’s great deals of activities to do in this city. You can invest the afternoon at Pushaw Lake, trek along the Stillwater Path or the tracks at Jeremiah Colburn Natural Location, and take a look at downtown Orono, amongst lots of other regional favorites.
# 7: Sanford
Average house rate: $ 350,000
Typical list price per square foot: $ 231
Average family earnings: $58,294
Closest significant city: Portland (35 miles)
Sanford, ME houses for sale
Sanford, ME homes for lease
Completing our list of inexpensive locations to reside in Maine is none besides Sanford. With a population of near to 21,900, you’ll be residing in a mid-sized city, however there is no lack of things to do in Sanford. If you discover yourself transferring to this city ensure to trek along the Mousam Method Tracks, camp at one of the camping sites, and take a look at the downtown location.
Approach: All cities should have more than 10,000 locals per the United States Census and have a mean house list price under the typical typical house list price in Maine. Average house list price and mean list price per square foot from the Redfin Data Center throughout August 2023. Typical rental information from Rent.com August 2023. Population and mean family earnings information sourced from the United States Census Bureau