Sanford, ME
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Sanford short-term rental market based on reliable data.
Listings
12 / 53
Reliable / Active
Cap Rate
19%
Middle-Earners Gross Yield
Revenue
$67,097
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$355,838
Median Home Sale Price
Top Earners
$105,246
Top-Earners Revenue
Sanford
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Sanford.
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Generally Investor friendly
Sanford Regulations
Sanford explicitly permits STRs citywide with clear licensing and a moderate fee increase, but constraints limit investor strategy: primary residence is required in key zones, multi‑unit properties can only have one STR unit, single‑family properties are capped at one unit or up to two rooms as a guest home, plus parking and occupancy oversight add operational rules.
Local STR Agent
STR specialist · Sanford, ME
About Sanford
Sanford is a city in York County, Maine, United States. The population was 21,982 in the 2020 census, making it the seventh largest municipality in the state. Situated on the Mousam River, Sanford includes the village of Springvale. The city features many lakes in wooded areas which attract campers. Sanford is part of the Portland–South Portland–Biddeford, Maine metropolitan statistical area. On November 6, 2012, Sanford voters approved a new charter to re-incorporate Sanford as a city and replace the town meeting format with a city council/mayor/strong manager form of government, along with other changes. The new charter took effect on January 1, 2013. Sanford's new charter provides that the first mayor would be appointed from the ranks of Sanford's seven city councilors and serve interim for one-year period. On January 8, 2013, Maura A. Herlihy was appointed as Sanford's first mayor.In 2014, an elected-at-large mayor took office. On November 5, 2013, Thomas Cote was elected as mayor. Beginning in 2016, the mayoral position began being elected at-large every two years during legislative election cycles.