Gorham, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

7 / 26

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$32,503

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$523,850

Median Home Sale Price

Top Earners

$55,106

Top-Earners Revenue

Gorham

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Gorham.

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C

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.

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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.

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