Ranked from ACS 2023 5-Year
Highest Price-to-Rent Ratios in Maine
The counties where a home costs the most years of rent. A high ratio does not mean a place is overpriced. It can also mean rents are held down, or that buyers are paying for land, schools or a view that a renter cannot get at any price. It does mean the arithmetic of buying rests more on what the house is worth later and less on what it saves you each month. Median home value over twelve months of median gross rent, both Census five-year estimates.
Maine ranked
| # | County | Price-to-rent | Median home | Median rent |
|---|---|---|---|---|
| 1 | Lincoln County | 25.4 yrs | $306,200 | $1,003 |
| 2 | York County | 24.0 yrs | $357,200 | $1,239 |
| 3 | Sagadahoc County | 23.8 yrs | $300,200 | $1,050 |
| 4 | Hancock County | 23.2 yrs | $278,400 | $1,000 |
| 5 | Cumberland County | 23.0 yrs | $411,400 | $1,492 |
| 6 | Knox County | 22.5 yrs | $290,800 | $1,079 |
| 7 | Waldo County | 20.6 yrs | $239,100 | $969 |
| 8 | Androscoggin County | 20.0 yrs | $232,000 | $966 |
| 9 | Oxford County | 19.9 yrs | $192,300 | $807 |
| 10 | Franklin County | 19.4 yrs | $176,700 | $759 |
| 11 | Kennebec County | 19.2 yrs | $219,900 | $952 |
| 12 | Penobscot County | 16.2 yrs | $193,800 | $997 |
| 13 | Washington County | 16.0 yrs | $147,100 | $768 |
| 14 | Piscataquis County | 15.8 yrs | $153,300 | $807 |
| 15 | Aroostook County | 14.9 yrs | $131,700 | $736 |
| 16 | Somerset County | 14.6 yrs | $155,200 | $887 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Highest Price-to-Rent Ratios across all 3,133 US counties · Every county in Maine