Lewiston, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

44 / 128

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$24,145

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$303,011

Median Home Sale Price

Top Earners

$52,100

Top-Earners Revenue

Lewiston

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lewiston.

Loading top listings...

A

Very Investor friendly

Lewiston Regulations

Lewiston permits STRs citywide without local licensing, relying only on simple state registration and a 9% tax; zoning compliance is straightforward, and there are no caps or burdensome inspections, making compliance predictable and low-cost.

View Lewiston Regulations →

Local STR Agent

STR specialist · Lewiston, ME

Trusted Expert
Get Expert Help In Lewiston
Free consultation Response within 24h

About Lewiston

Lewiston is the second-largest city in Maine, located in Androscoggin County in the south-central part of the state. With a population of roughly 37,000, it sits along the Androscoggin River directly across from its twin city, Auburn, together forming the Lewiston-Auburn metropolitan area. The city has a working-class New England character shaped significantly by its deep Franco-American heritage, with roots tracing back to French-Canadian mill workers who settled here in the 19th and 20th centuries. Lewiston is best known as the home of Bates College and as a practical, well-positioned base for exploring both the Maine coast and the western mountain regions. It lies approximately 35 miles north of Portland, the nearest major city, and serves as a convenient midpoint for travelers moving between coastal destinations and inland recreation areas.

Bates College is one of the most prominent institutions in central Maine and a fixture of the Lewiston landscape. Founded in 1855, this selective liberal arts college anchors a walkable, historic district with tree-lined streets, classic brick architecture, and a thriving arts and lecture scene that is generally open to visitors. The campus is within easy walking distance of downtown Lewiston and the riverfront, making it a natural stop for guests interested in college-town atmosphere without the larger crowds of more heavily touristed campuses.

Just a few miles west of Lewiston in neighboring Auburn, Lost Valley offers a small, family-friendly ski and snowboard area during the winter months, along with a water park and tubing hill in warmer seasons. It is roughly a 10-minute drive from downtown Lewiston and provides an accessible outdoor option for visitors who want to enjoy Maine's winter without committing to a longer drive to the larger western mountain resorts. In summer, the surrounding hills also offer hiking, with Thorncrag Nature Sanctuary preserving several hundred acres of forested walking trails on the northern edge of the city.

About 20 miles south of Lewiston, the town of Freeport has grown into one of Maine's most popular shopping and outlet destinations, anchored by the flagship L.L.Bean store, which operates 24 hours a day. The drive typically takes around 25 minutes via Interstate 295, and the area combines the brand's flagship retail and outdoor discovery center with a broader collection of outlet shops, restaurants, and the wooded walking paths of the adjacent Wolfe's Neck Woods State Park.

Lewiston's combination of affordability, central geography, and proximity to a wide mix of Maine experiences makes it a quietly compelling base for short-term rentals. Guests can spend mornings exploring the Bates campus or the Androscoggin Riverwalk, afternoons shopping in Freeport or visiting the Portland waterfront, and weekends hiking in the White Mountains or driving east toward the midcoast, all while staying in a city with genuine New England character rather than a heavily commercialized tourist center.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc