Real Estate Investing in Augusta, Maine

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 26,517 • Kennebec County

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Should you buy in Augusta, ME? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.9% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $297,785
Avg Monthly Rent $1,602
ZIP Codes 1

Investing in Augusta Real Estate

Augusta, ME covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

The investment case for Augusta is difficult to make on screen data alone. a harder case for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rent trends and price trends in Augusta are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Maine.

The 0% renter share in Augusta masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Augusta-Waterville, ME

Augusta is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$297,785
Avg Monthly Rent
$1,602
1% Rule
✗ Below
Landlord Friendly (ME)

🎓 Colleges & Universities in Augusta

2 Colleges 4,456 Students 2,027 Off-Campus Renters
C+
University of Maine at Augusta
4-Year Public · 4,323 students
📍 ~2,027 students rent off-campus
C
Capilo School of Hair Design
Vocational For-Profit · 133 students

Investor Insight: With 2,027 students living off-campus, Augusta has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Augusta, ME

Screen every ZIP in Augusta

Filter Augusta’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Augusta, ME

What price range are homes in Augusta, ME?

Median home price in Augusta, ME is near $298K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.

Is Augusta, ME a friendly market for rental owners?

Augusta, ME falls under ME landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Are rents high in Augusta, ME?

Rents in Augusta, ME run near $1,602/mo. Compared with median home prices of $298K that produces solid gross yields for typical rentals.

What type of investing works in Augusta, ME?

Investors usually favor careful cash-flow rentals with hands-on management in Augusta, ME. With home values at $298K and rents near $1,602/mo, other strategies can work but produce steady rather than outsized returns.

How strong is the working-renter base in Augusta, ME?

The renter base in Augusta, ME is reasonable for the $1,602/mo price point. Screening well and pricing to market typically yields stable tenants.

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