Belfast, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

93 / 237

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$27,968

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$395,734

Median Home Sale Price

Top Earners

$54,592

Top-Earners Revenue

Belfast

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Belfast.

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B

Generally Investor friendly

Belfast Regulations

STRs are clearly legal with a simple $50 annual registration, no caps, and a clear appeal process; the system is registration‑first with modest fees and active enforcement, so compliance is manageable but requires routine steps.

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About Belfast

Belfast is a small coastal city in Waldo County, Maine, home to roughly 6,800 residents. Set on the western shore of Penobscot Bay where the Passagassawakeag River meets the Atlantic, the city has the feel of a classic New England port town, with a working harbor, brick 19th-century storefronts along Main Street, and a quietly revitalized downtown of galleries, breweries, and seafood restaurants. It functions as a popular gateway to the mid-coast Maine region, including the islands and harbors of Penobscot Bay, and sits within easy reach of Acadia National Park farther down the coast. The nearest major city is Bangor, which lies about 35 miles to the north along US Route 1, while Portland is roughly two hours southwest.

Just minutes from the center of town, the Belfast Harbor and the city's walkable waterfront form the heart of local life, where visitors can watch fishing boats and windjammers come and go, stroll out along the footbridge, and access kayak and sailboat rentals on Penobscot Bay. The harborfront sets the tone for the Belfast Bay Trail and the adjacent Armistice Footbridge, both of which offer easy, scenic ways for travelers to experience the working-marine character that defines the city.

A short drive north in Searsport, the Penobscot Marine Museum preserves the deep seafaring history of the Penobscot Bay region, with galleries housed in historic buildings, a collection of antique boats, and exhibits on shipbuilding, lighthouse keeping, and the long maritime trade routes that once tied coastal Maine to the wider world. It is roughly ten minutes from downtown Belfast and tends to be a favorite stop for visitors interested in the local heritage beyond the harbor.

South of Belfast, about a half-hour drive along the coast, Camden Hills State Park offers more than 5,000 acres of forested landscape with hiking trails that climb to overlooks such as Mount Battie, where the panoramic views sweep across Camden Harbor, the surrounding islands, and the open Atlantic. The park is one of the most popular outdoor destinations in the mid-coast region and pairs naturally with visits to the adjoining village of Camden.

Farther afield, Acadia National Park on Mount Desert Island is approximately 75 to 80 miles to the northeast, making Belfast a comfortable staging point for travelers who want to combine a quieter coastal-town stay with day trips to the park's carriage roads, summit hikes, and rocky Atlantic shoreline. Many visitors use Belfast as a more affordable and less crowded alternative to staying directly in Bar Harbor.

Belfast appeals to short-term-rental investors because it blends an authentic, year-round coastal Maine character with a strategic location. The city draws travelers interested in sailing, lobster shacks, lighthouses, and small-town strolls, while also serving as a practical base for day-tripping to Acadia, Camden, and the islands of Penobscot Bay. With its walkable downtown, attractive harbor, and a steady mix of summer tourism and shoulder-season leaf-peeping and maritime festivals, Belfast offers the kind of year-round appeal and reliable draw that supports a healthy short-term-rental market.

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