2024 · Maine
Rental yield in Maine
In 2024, the typical rental in Maine produced a gross yield of 4.2% — $1,210/mo median rent against a $342K median home value, ranking 37th of 51 states.
4.2%
Gross rental yield
below the 4.9% U.S. median
$1,210/mo
Median gross rent
incl. utilities (ACS)
$342K
Median home value
owner-occupied (ACS)
Maine metros by yield
Metropolitan areas in Maine with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Bangor, ME | 4.7% | $1,015/mo | $258K |
| Lewiston-Auburn, ME | 4.3% | $1,076/mo | $297K |
| Portland-South Portland, ME | 4.0% | $1,590/mo | $474K |
Frequently asked questions
What is the gross rental yield in Maine?
In 2024, Maine had a gross rental yield of 4.2% — $1,210/mo median gross rent against a $342K median home value. That ranks 37th of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Maine metros have the best rental yield?
Among Maine metros covered by the data, gross yield was highest in Bangor, ME (4.7%), Lewiston-Auburn, ME (4.3%), and Portland-South Portland, ME (4.0%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Maine
Yield shows where the numbers work; our Investor Financing Report for Maine shows the rate premium, denial rate, and DSCR lending investors face there.
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.