Median home value: $521K (-0.6% YoY). Rent: $3,000/mo. Price-to-rent: 14.5x. Part of Portland-South Portland, ME.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Portland-South Portland, ME metro page.
Home Value$520,660
-0.6%
Rent$3,000/mo
AFFORDABILITYRenting $187/mo cheaper ($3,000 rent)6.00% 30yr, 20% down, county tax + ME ins. 28% per HUD.
Enter your income for Gorham.
$104,132 on $520,660
Out of reach — 51% of income
Need $136,586/yr to afford.
PITI$3,187
P/I51%
Afford$286K
Gap-$235K
P&I $2,497Tax $590Ins $100
Home Buying Kit For Dummies (2025)Financing, negotiation, closing