Portland, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

790 / 1656

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$45,426

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$543,125

Median Home Sale Price

Top Earners

$90,818

Top-Earners Revenue

Portland

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Portland.

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C

Challenging to Investors

Portland Regulations

Portland permits short-term rentals but has a hard cap of ~285 non‑owner‑occupied units (about 1.5% of housing) with no new permits issued until the cap drops, plus high fee tiers, mandatory inspections, occupancy limits, in‑person registration, and ongoing compliance/renewal burdens—creating substantial investor risk and friction.

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About Portland

Portland, Maine, is a vibrant coastal city situated on a peninsula extending into Casco Bay. As of the latest data, Portland has a population of approximately 68,000 residents, making it the largest city in Maine. It is located about 115 miles north of Boston, Massachusetts, which is the closest major city.

Portland is renowned for its historic charm, picturesque waterfront, and a thriving cultural scene. The city's Old Port district is a notable landmark, known for its cobblestone streets, 19th-century brick buildings, and bustling commercial activity. More details can be found at Old Port.

Another prominent attraction is the Portland Head Light, a historic lighthouse situated at Fort Williams Park in nearby Cape Elizabeth. Further information is available here: Portland Head Light.

Fort Allen Park, located on the Eastern Promenade, offers stunning views of Casco Bay and is a popular spot for both locals and tourists. Discover more at Fort Allen Park.

Portland also features a robust culinary scene, with numerous award-winning restaurants and breweries. The city's appeal for short-term rentals is supported by its rich history, scenic beauty, and cultural amenities, making it an attractive destination for visitors.

In summary, Portland, ME combines historic allure with modern conveniences, highlighted by landmarks such as the Old Port, Portland Head Light, and Fort Allen Park, making it a highly appealing location for short-term rentals.

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