South Portland, ME
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the South Portland short-term rental market based on reliable data.
Listings
53 / 209
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$37,510
Middle-Earners Revenue
Occupancy
66%
Middle-Earners Occupancy
Home Value
$497,567
Median Home Sale Price
Top Earners
$65,871
Top-Earners Revenue
South Portland
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in South Portland.
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Generally Investor friendly
South Portland Regulations
STRs are allowed citywide in residential zones with clear annual registration, a single fire inspection and modest fees ($200/$400 annual, $100 one-time), with no caps and a straightforward process, indicating manageable compliance and an investor-friendly environment.
Local STR Agent
STR specialist · South Portland, ME
About South Portland
South Portland is a city in Cumberland County, Maine, United States, and is the fourth-most populous city in the state, incorporated in 1898. At the 2020 census, the city population was 26,498. Known for its working waterfront, South Portland is situated on Portland Harbor and overlooks the skyline of Portland and the islands of Casco Bay. Due to South Portland's close proximity to air, marine, rail, and highway transportation options, the city has become a center for retail and industry in the region. The Maine Mall, the largest shopping mall in the state, is located in South Portland. Despite the name, South Portland was never part of the city of Portland, but rather part of Cape Elizabeth, separating in 1895. However, both Cape Elizabeth and Portland were once part of Falmouth. Cape Elizabeth, then including what later became South Portland, broke away from Falmouth in 1765. South Portland is a principal city of the Portland–South Portland–Biddeford metropolitan area.