Gorham, ME
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Gorham short-term rental market based on reliable data.
Listings
7 / 27
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$25,176
Middle-Earners Revenue
Occupancy
55%
Middle-Earners Occupancy
Home Value
$520,174
Median Home Sale Price
Top Earners
$40,486
Top-Earners Revenue
Gorham
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Gorham.
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Challenging to Investors
Gorham Regulations
STRs appear allowed under general zoning but there are no specific STR rules, requiring building/occupancy permits, business registration, and potentially a home‑occupation permit with limited guidance; this uncertainty and potential state overlays create compliance and investment risk.
Local STR Agent
STR specialist · Gorham, ME
About Gorham
Gorham is a town in Cumberland County, Maine, United States. The population was 18,336 at the 2020 United States Census. In addition to its urban village center known as Gorham Village or simply "the Village," the town encompasses a number of smaller, unincorporated villages and hamlets with distinct historical identities, including South Gorham, West Gorham, Little Falls, White Rock, and North Gorham. Gorham is home to one of the three campuses of the University of Southern Maine. In 2013, Gorham was voted second-best town in Maine after Hampden by a financial website. Gorham is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area. Initially named Narragansett Number 7, the village was renamed Gorhamtown Plantation in honor of the famous New England Ranger John Gorham I, the great grandfather of John Gorham 4th.