How much house can I afford on $100,000 in Maine?
About $351,000 with 20% down ($281,000 with an FHA loan), using Maine's 0.92% property tax rate.
That is $61,004 less than the typical Maine home ($412,002), so on $100,000 you'd look at cheaper areas or a smaller home. The payment of $2,333 covers $1,889 principal and interest, $269 property tax and $175 insurance.
Counties in Maine you can afford on $100,000
10 of 16 counties have a typical home value at or below $351,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Waldo County | $344,137 | +3.7% | 1.04% |
| Androscoggin County | $328,518 | +1.0% | 1.16% |
| Oxford County | $316,256 | +0.1% | 0.99% |
| Kennebec County | $315,675 | +0.6% | 1.09% |
| Franklin County | $290,988 | +1.0% | 1.04% |
| Penobscot County | $277,437 | +2.0% | 1.16% |
| Somerset County | $228,626 | +1.9% | 1.08% |
| Piscataquis County | $227,800 | +0.2% | 0.9% |
| Washington County | $199,733 | -0.1% | 1.04% |
| Aroostook County | $168,572 | +2.6% | 1.12% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 0.92% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Maine
Frequently asked questions
How much house can I afford on $100,000 in Maine?
About $351,000 with 20% down at 7.11%, keeping the payment (with Maine's 0.92% property tax and insurance) under $2,333 a month.
Is $100,000 enough to buy a house in Maine?
Not the typical home: the typical Maine home is worth $412,002 (Zillow, September 2026) and $100,000 supports about $351,000. 10 of 16 counties are within budget.