Belgrade, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

90 / 268

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$24,834

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$413,571

Median Home Sale Price

Top Earners

$57,376

Top-Earners Revenue

Belgrade

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Belgrade.

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A

Very Investor friendly

Belgrade Regulations

Belgrade, ME explicitly allows short-term rentals citywide with no local caps, and only a fire inspection and state tax registration are required; the tone is supportive and compliance is straightforward for investors.

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About Belgrade

Belgrade is a small, laid-back town in Kennebec County in central Maine, with a population of roughly 3,000 residents spread across its lakeside villages and rural landscape. Best known as the heart of the Belgrade Lakes region, a beloved four-season recreation area, the town has a quiet, outdoorsy New England character shaped by its wooded shorelines and historic mill-and-farm past. It sits about 15 miles northwest of Augusta, the state capital, and roughly 60 miles north of Portland, making it a convenient escape from the busier coastal and southern parts of the state while still feeling genuinely off the beaten path.

The defining feature of the area is the Belgrade Lakes chain itself, a connected series of freshwater lakes that includes Great Pond, Long Pond, Messalonskee Lake, North Pond, and East Pond. These waters draw visitors year-round for swimming, kayaking, canoeing, and fishing in the warmer months, and for ice fishing, snowmobiling, and cross-country skiing once they freeze over. Public boat launches and small lakeside parks are scattered around Belgrade, putting the water within easy reach of nearly every part of town. The small, walkable village of Belgrade Lakes serves as the informal hub of the region, with a handful of shops, inns, and restaurants that have welcomed summer visitors for generations.

Just a few minutes south of Belgrade lies Waterville, home to Colby College and its expanding arts district, which includes the Colby College Museum of Art. The college hosts a steady calendar of cultural events, exhibitions, and performances that bring a small but lively college-town energy to the area and give visitors an indoor option on rainy days. Waterville is about a 15-minute drive from central Belgrade.

To the southeast, the state capital of Augusta is roughly 20 to 25 minutes away and offers additional amenities, including the Maine State Museum, which tells the story of the state's natural and cultural history. Augusta also provides practical conveniences for travelers, from larger grocery stores and hospitals to a wider range of restaurants and the historic riverfront along the Kennebec River.

The surrounding countryside adds another layer of appeal, with rolling hills, working farms, and conserved woodlands that turn brilliant with color each fall. Hiking, leaf-peeping drives, and quiet country roads all radiate outward from town, and the region is part of a broader central-Maine network of trails popular with snowmobilers and mountain bikers in the off-season.

For short-term-rental owners, Belgrade offers a compelling mix: authentic small-town Maine atmosphere, immediate access to one of the state's most celebrated lake regions, and a central location within easy driving distance of cultural, collegiate, and capital-city amenities. That balance of seclusion and accessibility gives the town broad seasonal appeal, drawing summer lake-goers, autumn foliage hunters, and winter sports enthusiasts in turn.

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