Have you ever dreamt of living in a place that offers a unique lifestyle filled with picturesque landscapes and charming small towns? Look no further than Maine, where the stunning coastline, lobster feasts, and vibrant culture await you. But before you pack your bags, consider the affordability factor, as smart budgeting is crucial when making a big move. The median home sale price in Maine is $410,600, but fear not, as we have compiled a list of the 7 most affordable places to live in this beautiful state.
- Waterville
- Median home price: $260,000
- Average sale price per square foot: $140
- Median household income: $39,722
Waterville, with its cozy vibe and a median home sale price of $260,000, tops our list of affordable places in Maine. This mid-sized city is home to around 15,800 residents and offers outdoor activities like hiking on Quarry Road Trails and exploring the Colby College Museum of Art. Make sure to stroll through downtown Waterville and immerse yourself in the local culture.
- Augusta
- Median home price: $285,000
- Average sale price per square foot: $176
- Median household income: $38,842
Augusta, with its rich history and affordability, is the second most affordable city in Maine. With a population of 18,900, this city boasts attractions like Capitol Park and the Kennebec River Trail. Don’t miss the chance to explore downtown Augusta and visit the Old Fort Western, a piece of New England’s history.
- Lewiston
- Median home price: $312,000
- Average sale price per square foot: $192
- Median household income: $38,842
Lewiston, a city with 37,100 residents, offers affordable living and a range of activities. From hiking trails at Thorncrag Bird Sanctuary to strolling through Heritage Park, this town has something for everyone. Visit Lewiston Farmers’ Market and historical sites like Continental Mill to experience the local charm.
- Bangor
- Median home price: $312,250
- Average sale price per square foot: $173
- Median household income: $47,538
Home to 31,700 residents, Bangor is a vibrant city with a median home sale price of $312,250. Explore museums like Zillman Art Museum and Maine Discovery Museum, and enjoy downtown Bangor and the Bangor Waterfront. Outdoor enthusiasts can head to Bangor City Forest for hiking and skiing adventures.
- Orono
- Median home price: $325,000
- Average sale price per square foot: $179
- Average rent for a 1-bedroom apartment: $1,200
- Median household income: $43,102
Orono, with its affordable housing prices, is an ideal place for renting or buying a home. This city of 11,200 residents offers activities like boating on Pushaw Lake and hiking trails at Jeremiah Colburn Natural Area. Discover the charm of downtown Orono and immerse yourself in the local community.
- Auburn
- Median home price: $377,500
- Average sale price per square foot: $249
- Median household income: $38,842
Auburn, a city close to 24,100 residents, offers a slightly higher median home price than Orono. Explore the Auburn Lake Nature Trail, enjoy views of Lake Auburn, and visit riverfront areas. Don’t miss crossing the Longley Bridge to explore nearby Lewiston and its attractions.
- Sanford
- Median home price: $379,900
- Average sale price per square foot: $237
- Median household income: $58,294
Sanford, with a population of 21,900, is a bustling city with affordable housing options. Enjoy outdoor activities like hiking on the Mousam Way Trails and camping at local grounds. Explore the vibrant downtown area and immerse yourself in the local community spirit.
In conclusion, living in Maine offers an unparalleled lifestyle that combines natural beauty, rich culture, and affordability. Whether you choose the coastal vibes of Waterville or the historical charm of Augusta, Maine has something for everyone. Explore these affordable cities and make your dream of living in Maine a reality.
