Performance indicators for the Richmond short-term rental market based on reliable data.
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Reliable / Active
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Middle-Earners Gross Yield
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Middle-Earners Revenue
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Middle-Earners Occupancy
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Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Richmond.
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Generally Investor friendly
STRs are allowed citywide with no local licensing or caps, but zoning compliance, building permits (if structural work), shoreland and environmental permits, lodging tax registration, and potential inspections create moderate burden and uncertainty. The lack of explicit rules for non‑owner‑occupied STRs and discretionary enforcement risk makes it investor‑friendly yet not fully open. The state lodging‑tax regime and state land‑use codes (shoreland, subdivisions, plumbing) are the main drivers.
Local STR Agent
STR specialist · Richmond, ME
Richmond, Maine is a small town of roughly 3,500 residents in Sagadahoc County, set along the lower Kennebec River in the state's Midcoast region. It has the unhurried feel of a historic mill town, with nineteenth-century brick and granite buildings clustered near the waterfront and working boatyards still in operation along the river. Richmond works well as a quiet base from which to explore Midcoast Maine, including the shipbuilding city of Bath, the beaches and state parks around Popham and Georgetown, and the network of peninsulas that line the Atlantic side of Sagadahoc and Lincoln counties. The nearest major city is Portland, about 50 miles to the southwest, an easy drive of roughly an hour via US-1 and I-295.
The marquee draw right at the edge of town is Swan Island, a roughly 1,700-acre wildlife management area in the middle of the Kennebec, reached by a short drive to a state boat landing (or by canoe or kayak from upstream). The island is known for its high population of white-tailed deer, active bald eagle nesting territory, and accessible hiking and wildlife-viewing loops, and it also preserves the foundations and cellar holes of an early-nineteenth-century farming community. Access is managed seasonally by the Maine Department of Inland Fisheries and Wildlife, and a visit offers one of the more genuinely wild experiences on the lower Kennebec.
Just downriver in Bath, about ten miles south, the Maine Maritime Museum explores the long shipbuilding heritage of the Kennebec, with a waterfront campus, exhibits on Bath Iron Works, historic small craft, and access to nineteenth-century shipyard structures. The drive from Richmond typically takes under twenty minutes, making it a natural half-day trip.
Further south along the coast, Popham Beach State Park and Reid State Park offer classic Atlantic shore experiences of dunes, surf, and tidal river mouths, and they sit roughly thirty to forty minutes from Richmond by car. With river scenery, working harbors, and state wildlife lands all within a short radius, Richmond is a low-key and unpretentious base for travelers who want real Midcoast access without Midcoast crowds.