How much house can I afford on $80,000 in Maine?
About $281,000 with 20% down ($225,000 with an FHA loan), using Maine's 0.92% property tax rate.
That is $131,203 less than the typical Maine home ($412,002), so on $80,000 you'd look at cheaper areas or a smaller home. The payment of $1,867 covers $1,511 principal and interest, $215 property tax and $140 insurance.
Counties in Maine you can afford on $80,000
5 of 16 counties have a typical home value at or below $281,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| 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 $80,000 in Maine?
About $281,000 with 20% down at 7.11%, keeping the payment (with Maine's 0.92% property tax and insurance) under $1,867 a month.
Is $80,000 enough to buy a house in Maine?
Not the typical home: the typical Maine home is worth $412,002 (Zillow, September 2026) and $80,000 supports about $281,000. 5 of 16 counties are within budget.