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State Housing Overview

Rent & Housing in Maine

Based on comprehensive economic data across 32 tracked municipalities, Maine presents diverse cost of living environments. Macroeconomic modeling identifies Caribou as the most cost-efficient market, contrasting starkly with the elevated real estate valuations found in Yarmouth. Maine assesses a 7.15% progressive income tax, while residential property taxes average 1.36%. Financial planning in ME requires careful alignment of localized housing costs against state-level tax obligations.

Use this state hub to understand the statewide housing baseline first, then drop into city pages for a household-level feasibility verdict. The key question here is not just whether Maine is “cheap” or “expensive”, but which cities look most livable once rent, home values, taxes, and household income are considered together.

Data Updated: March 2026
State Housing Snapshot
Average Rent Burden
20%
Avg annual rent vs household income
Average Price-to-Income
5x
Avg home value vs household income
Best Cost Baseline
Caribou, ME
Index 69
Highest Pressure
Yarmouth, ME
Index 156
Statewide Housing Verdict
High Pressure

Maine shows elevated statewide housing pressure, with 20% average rent burden and 5x home-price-to-income. Treat Yarmouth, ME as stretch markets first, and use city pages to separate viable relocation pockets from headline expensive metros.

Average rent burden: 20%Average price-to-income: 5xBest baseline city: Caribou, MEHighest-pressure city: Yarmouth, ME

Maine Tax Radar

Max Income Tax
7.15%
Progressive Brackets
Est. Sales Tax
5.5%
Local + State Avg
Effective Property Tax
1.36%
Statewide Average
$
Default set to 2023 National Median ($74,580)

At a gross income of $74,580, the localized Maine marginal tax brackets exact an effective state penalty of 4.2%. This results in an absolute "tax drag" drain of $3,131/year compared to states with no income tax.

Cities Tracked
32
Avg Home Value
$342,650
National: $303,400
Avg Rent
$1,176
National: $1,348
Avg Income
$69,037
National: $78,538

All Cities in Maine

CityPop.Home ValueRentIncomeIndex
Portland68,505$543,125$2,237$76,174141
Lewiston37,886$288,145$954$56,55897
Bangor31,663$274,796$1,019$58,09697
South Portland26,780$501,480$1,648$84,563130
Auburn24,294$311,961$983$66,552100
Biddeford22,463$496,034$1,187$69,794124
Sanford22,095$359,612$1,158$70,570108
Saco20,636$510,683$1,268$84,328126
Westbrook20,484$437,915$1,373$85,868119
Augusta18,999$267,101$887$48,75689
Brunswick16,928$471,190$1,300$68,190122
Waterville16,704$173,700$957$47,48979
Orono10,699$219,200$1,150$56,89091
Brewer9,654$290,419$984$51,49098
Old Orchard Beach9,150$493,517$1,120$65,842123
Bath8,801$285,400$967$65,56597
Presque Isle8,736$142,400$875$57,39674
Ellsworth8,550$214,500$955$70,99083
Old Town7,439$240,504$1,014$49,32992
Caribou7,427$120,300$696$54,27169
Gorham7,365$523,850$1,518$125,058131
Rockland6,991$234,400$986$55,27686
Belfast6,985$307,700$986$61,32294
Topsham6,962$341,800$1,211$80,545107
Skowhegan6,638$138,600$856$46,62573
Yarmouth6,293$727,982$1,694$92,311156
Gardiner6,047$198,100$927$58,15281
Kennebunk6,008$429,600$1,411$93,167119
Winslow5,701$284,884$953$56,50691
North Windham5,633$309,900$1,304$86,97298
Oak Hill5,365$404,600$1,618$92,967112
Kittery5,284$421,400$1,431$71,574118

FAQ: Living in Maine

What is the most affordable city to live in Maine?+

Among the cities we track, Caribou stands out as the most affordable option in Maine. The median home value there is $120,300, and monthly rent typically runs around $696. The local median household income is $54,271, which tends to go further here than in much of the state.

What is the most expensive city in Maine?+

Yarmouth is currently the priciest market in ME. Homes there are valued at a median of $727,982, and renters can expect to pay around $1,694/month. Incomes are higher too — the median household earns $92,311 — but whether that fully offsets the cost premium depends on your lifestyle.

How are taxes in Maine?+

Maine has a progressive income tax with a top rate of 7.15%. Property taxes average 1.36% statewide. Combined state and local sales tax can reach 5.5%.

How much does housing vary across Maine?+

There's a huge range. In Caribou, the median home costs around $120,300. In Yarmouth, that number jumps to $727,982 — roughly 5x more. Rents follow a similar pattern: approximately $696/month vs. $1,694/month. Where you choose to settle within ME can make a dramatic difference in your monthly budget.

Is Maine a good state to move to?+

It depends on your priorities and budget. Maine offers a wide range of living costs depending on the city. You can find very affordable communities alongside expensive metro areas. Home prices range from around $120,300 in budget-friendly areas to $727,982 in premium markets. Use the city comparison tool to compare housing, rent, property tax, and everyday cost pressure across locations in ME.

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Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly