State · ME

Maine

Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS

Strategy

Median home value

$400k

+5.1%

Zillow ZHVI

Median rent

$1,700/mo

+5.2%

Zillow ZORI

Gross yield

5.10%

Rent × 12 / value

Rent/price ratio

0.000%

1% rule benchmark

Median household income

$71,139

Census ACS

Owner-occupied

73.5%

Census ACS

Renter-occupied

26.5%

Census ACS

Population

Census ACS

What this means for LTR investors

Gross yield of 5.10% is below the 7% LTR sweet spot; you'd lean on appreciation here.

Rent grew 5.2% YoY while values moved 5.1%. That gap drives whether yield compresses or expands over time.

Renter share is 27% - a deep renter pool means lower vacancy risk in Maine.

Median income of $71,139 sets the affordability ceiling on rent growth.