Caribou, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

137 / 305

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$18,846

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$153,212

Median Home Sale Price

Top Earners

$34,023

Top-Earners Revenue

Caribou

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Caribou.

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B

Generally Investor friendly

Caribou Regulations

STRs are permitted under standard zoning (as lodging, B&B, or home occupations) with no caps; the city lacks a dedicated STR permit but requires building permits, possible site design review, and life-safety inspections—moderate compliance costs with a supportive tone overall.

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Local STR Agent

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About Caribou

Caribou, Maine, is a small city in Aroostook County, situated in the northeastern part of the state. It has a population of approximately 7,500 residents. Caribou is around 168 miles north of Bangor, the closest major city, making it a remote but quaint destination for travelers.

Caribou is known for its natural beauty and outdoor recreational opportunities. The city is close to the Aroostook National Wildlife Refuge, a popular spot for bird watching, hiking, and wildlife observation. You can learn more about the refuge at their official website.

Another notable landmark is the Nylander Museum, which offers insights into local natural history, including regional geology, paleontology, and archaeology. More information can be found on the museum's Facebook page.

Caribou is also part of the Maine Solar System Model, the largest scale model of the solar system in the western hemisphere. The Earth model is located at the Northern Maine Museum of Science, details of which are available at this link.

The city hosts the Caribou Country Club, offering golfing opportunities with scenic views. More information is available on their website.

The appeal for short-term rentals in Caribou includes its rural charm, abundant outdoor activities, and proximity to unique attractions and historical sites. This makes it an ideal destination for individuals seeking a tranquil and scenic getaway.

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