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Most Affordable in Maine

Top 32 cities ranked by most affordable

Most Affordable — Maine

1 Caribou $120,300
2 Skowhegan $138,600
3 Presque Isle $142,400
4 Waterville $173,700
5 Old Town $183,200
6 Augusta $188,900
7 Gardiner $198,100
8 Winslow $200,100
9 Bangor $206,300
10 Lewiston $214,200
11 Ellsworth $214,500
12 Brewer $218,100
13 Orono $219,200
14 Rockland $234,400
15 Auburn $254,600
16 Sanford $257,200
17 Bath $285,400
18 Belfast $307,700
19 North Windham $309,900
20 Old Orchard Beach $317,800
21 Brunswick $333,500
22 Westbrook $341,800
23 Topsham $341,800
24 Biddeford $349,300
25 Saco $370,300
26 Oak Hill $404,600
27 South Portland $405,800
28 Kittery $421,400
29 Kennebunk $429,600
30 Portland $452,600
31 Gorham $459,000
32 Yarmouth $506,300

The most affordable housing markets in Maine offer opportunities for homeownership at a fraction of the cost of major metros. Caribou has a median home value of just $120,300.

Affordable housing markets often feature lower costs of living overall, making them attractive to retirees, remote workers, and families building wealth through homeownership. Many of these cities offer solid community amenities despite their lower price points.

While low home values make homeownership accessible, they may also reflect limited job markets or slower economic growth. The rise of remote work has created new opportunities for these communities to attract residents who can earn higher salaries from distant employers.

Did You Know?

  • 1. In Caribou, the median home costs just $120,300 — less than a new luxury car.
  • 2. Affordable housing markets have seen increased interest since the rise of remote work, as buyers can earn higher salaries from anywhere.
  • 3. Many of the most affordable cities are in the South and Midwest, where land costs and construction expenses are lower.

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