Much like nearby areas, it is a bit less expensive compared to the US as a whole. However compared to the city of Portland, it is significantly less expensive.
Home prices
The median home in Auburn is valued at $165,200. Compared to the surrounding areas it is about $4,200 (2%) higher.It is approximately $52,300 (24%) lower compared to the country as a whole, and is approximately $123,800 (42%) lower in comparison to the city of Portland.
Rents
The median rent in Auburn is $789 per month. This is approximately $90 (10%) lower compared to other places in this area.In comparison to the entire nation it is about $273 (25%) lower, and compared to the city of Portland it is roughly $335 (29%) lower.
Nearby places
Lewiston
Lewiston is Auburn's neighbor to the east. Housing prices there are a little less expensive. Lewiston's median home price is $140,600, which works out to $24,600 (17%) lower than Auburn. The rent there is a little less expensive. The median rent in Lewiston is $748 a month, which works out to $41 (5%) lower than Auburn.
Mechanic Falls
Mechanic Falls is approximately 6 miles west from Auburn. The real estate prices there are substantially less expensive. The cost of the median home in Mechanic Falls is $107,600, which is $57,600 (53%) lower than Auburn. The rent there is a little more expensive. The median monthly rent in Mechanic Falls is $933, which is $144 (15%) higher than Auburn.
Lisbon Falls
Lisbon Falls is about 9 miles southeast of Auburn. Its real estate prices are somewhat less expensive. The price of the median home in Lisbon Falls is $145,800, which works out to $19,400 (13%) lower than Auburn. Its rents are somewhat less expensive. In Lisbon Falls the median monthly rent is $743, which is $46 (6%) lower than Auburn.
Gray
Gray is approximately 13 miles south from Auburn. Its housing prices are somewhat more expensive. The median home in Gray costs $208,000, which comes out to $42,800 (20%) higher than Auburn. Rents there are a bit more expensive. The median monthly rent in Gray is $981, which is $192 (19%) higher than Auburn.
Casco
Casco is about 13 miles southwest from Auburn. Housing prices there are a bit more expensive. Casco's median home price is $203,000, which works out to $37,800 (18%) higher than Auburn. Rent there is a bit more expensive. In Casco the median rent is $992 a month, which comes out to $203 (20%) higher than Auburn.