Home prices
The cost of the median home in Rumford is $78,000. This is approximately $13,760 (14%) lower in comparison to nearby areas.It is roughly $139,500 (64%) lower compared to the entire country, and in comparison to the city of Portland is roughly $211,000 (73%) lower.
Rents
The median monthly rent in Rumford is $570. This is roughly $11 (1%) lower in comparison to nearby areas.It is approximately $492 (46%) lower in comparison to the rest of the nation, and it is approximately $554 (49%) lower compared to the city of Portland.
Nearby places
Mexico
Mexico is Rumford's neighbor to the east. Its housing prices are a little less expensive. Mexico's median home value is $68,500, which works out to $9,500 (13%) lower than Rumford. Rents there are pretty similar. The median monthly rent in Mexico is $596, which comes out to $26 (4%) higher than Rumford.
Dixfield
Dixfield is approximately 5 miles east of Rumford. Housing prices there are a bit more expensive. The value of the median home in Dixfield is $89,400, which is $11,400 (12%) higher than Rumford. Rents there are somewhat more expensive. The median rent in Dixfield is $663 a month, which comes out to $93 (14%) higher than Rumford.
Wilton
Wilton is roughly 14 miles east of Rumford. Its real estate prices are somewhat more expensive. Wilton's median home value is $89,700, which comes out to $11,700 (13%) higher than Rumford. Rents there are a bit less expensive. The median rent in Wilton is $519 per month, which works out to $51 (9%) lower than Rumford.
Chisholm
Chisholm is roughly 16 miles east from Rumford. Its real estate prices are significantly more expensive. The median home in Chisholm costs $129,600, which is $51,600 (39%) higher than Rumford. Rents there are fairly similar. The median monthly rent in Chisholm is $558, which works out to $12 (2%) lower than Rumford.
Livermore Falls
Livermore Falls is about 16 miles east from Rumford. Real estate prices there are fairly similar. Livermore Falls's median home value is $81,600, which is $3,600 (4%) higher than Rumford. Its rents are similar. In Livermore Falls the median rent is $567 per month, which is very similar to Rumford.