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Farmingdale, ME
Full City Profile · Maine · Kennebec County County
3.3
/5.0
B
Good
2,163
Population
909/sq mi density
$50,263
Median Income
$35,027 per capita
$213,700
Home Value
$313,522 Zillow
$912
Median Rent
40.9% income on rent
46°F
Avg Temperature
251 sunny days/yr
128
Violent Crime/100K
1,842 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$50,263 median income, 1.8% unemployment
A
Affordability
4.3 / 5.0
$213,700 home value, $912/mo rent
F
Safety
1.0 / 5.0
128 violent crimes/100K
A+
Education
4.8 / 5.0
46.9% bachelor's degree or higher
Housing Overview
Median Home Value
$213,700
24% below
US avg: $281,900
Median Rent
$912/mo
22% below
US avg: $1,163/mo
Homeownership Rate
62.2%
5% below US avg (65.4%)
Total Housing Units
1,093
Median year built: 1971
Home Value by Source
Census Median
$213,700
Zillow (ZHVI)
$313,522
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.2%
Owner-Occupied
37.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent:
$912/mo
Affordability & Housing Stock
Rent Burden
40.9%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
62.2%
Complete Housing Data
Home Values
| Census Median Value | $213,700 |
| Zillow Home Value (ZHVI) | $313,522 |
Rent
| Census Median Rent | $912 |
| FMR Studio | $1,108 |
| FMR 1-Bedroom | $1,186 |
| FMR 2-Bedroom | $1,497 |
| FMR 3-Bedroom | $1,951 |
| FMR 4-Bedroom | $2,190 |
Market
Ownership & Stock
| Owner-Occupied | 62.2% |
| Renter-Occupied | 37.8% |
| Homeownership Rate | 62.2% |
| Total Housing Units | 1,093 |
| Median Year Built | 1971 |
| Rent Burden | 40.9% |