Cape Elizabeth, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

21 / 62

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$42,420

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$840,624

Median Home Sale Price

Top Earners

$76,751

Top-Earners Revenue

Cape Elizabeth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cape Elizabeth.

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C

Challenging to Investors

Cape Elizabeth Regulations

STRs are explicitly legal but face significant constraints including strict annual day caps (42-182 days depending on STR type), moderate permit fees ($500-1000), and complex multi-tiered system requiring homestead exemption, safety inspections, and detailed documentation. The combination of occupancy limits, parking restrictions, one-rental-per-week rules, and annual permit renewal creates substantial compliance burden that could deter some investors despite clear legality.

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About Cape Elizabeth

Cape Elizabeth is a town in Cumberland County, Maine, United States. The town is part of the Portland–South Portland–Biddeford, Maine, metropolitan statistical area. As of the 2020 census, Cape Elizabeth had a population of 9,535.Cape Elizabeth is the location of the Beach to Beacon 10K road race that starts at Crescent Beach State Park (the "beach") and ends at Portland Head Light (the "beacon"). The race draws runners from all parts of the U.S. and elite athletes from around the world. Cape Elizabeth has a single community school department. The Cape Elizabeth High School's team name is the "Capers".

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