Augusta, ME

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Augusta short-term rental market based on reliable data.

Listings

125 / 244

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$23,541

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$283,386

Median Home Sale Price

Top Earners

$50,674

Top-Earners Revenue

Augusta

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Augusta.

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A

Very Investor friendly

Augusta Regulations

Augusta allows STRs citywide with no local restrictions beyond Maine's straightforward state requirements. The $50 maximum permit fee and simple annual registration process are investor-friendly, with no caps or zoning limitations identified. The regulatory framework is clear, affordable, and enables straightforward compliance.

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About Augusta

Augusta, the capital of Maine, sits in Kennebec County along the Kennebec River in the central part of the state. The city has a population of roughly 19,000 residents, making it one of the smallest state capitals in the country by population. It carries a quiet, working-class New England character that blends state government, healthcare, and small downtown commerce, and it serves as a practical gateway to central Maine's lake country, the western mountains, and the broader Kennebec Valley. The nearest major city is Portland, located about 60 miles to the southwest, an easy drive of roughly one hour via Interstate 95.

A short walk from downtown leads to Old Fort Western, a National Historic Landmark on the east bank of the Kennebec River. Built in 1754 during the French and Indian War, it is the oldest surviving wooden fort in the United States and now operates as a living-history site with costumed interpreters and a small riverside store. It anchors the city's colonial-era heritage and draws curious visitors year-round.

Just up the hill, the Maine State House presides over the city with its granite columns and distinctive copper dome. Completed in 1832, it is one of the older state capitols in the Northeast and is open for guided tours during the legislative session. Travelers interested in the state's civic history and architecture can pair a visit here with a stop at the nearby Maine State Museum, which interprets the region's natural, cultural, and industrial past.

The Viles Arboretum offers a quieter side of Augusta. This free public garden, located within the city limits, includes miles of wooded walking trails, native plant collections, and rotating educational exhibits spread across more than 220 acres. It appeals to visitors looking for a low-key outdoor experience without leaving the urban area.

About 20 minutes north of Augusta, the Belgrade Lakes region draws summer crowds with its chain of seven connected lakes, popular for fishing, kayaking, and classic Maine lake vacations. The area's small villages, inns, and campgrounds create a contrast to the quieter pace of the capital and offer guests a traditional New England waterfront experience within easy day-trip distance.

Augusta works well as a base for travelers who want a more affordable and central alternative to Maine's coastal resort towns. Its position on the interstate makes day trips to Portland, Freeport, the western ski mountains, and the Belgrade lakes all practical, while the city itself offers genuine small-city character rather than a tourist-facing facade. For short-term-rental owners, this combination of accessibility, civic amenities, and proximity to varied natural attractions gives the market a steady appeal across summer, foliage, and ski seasons.

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