Real Estate Investing in Falmouth, Maine

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1 ZIP codes • Population: 12,557 • Cumberland County

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

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

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.

What’s happening in Falmouth, ME?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.3% 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 $912,110
Avg Monthly Rent $3,025
ZIP Codes 1

Investing in Falmouth Real Estate

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

decisively Falmouth's aggregate rating of ★★★☆☆ reflects sluggish investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in Falmouth at $3,025/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Distressed-leaning demographics in Falmouth — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Portland-South Portland, ME

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Cumberland County

Manage rentals here? List your business →

Port Property offers apartments for rent and commercial property management services in Portland, South Portland, and Biddeford, Maine. summary from their website

Single-familyCommercial
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Schneider Property Management, part of HomeRiver Group, offers property management, brokerage, rehab and construction, leasing, and maintenance services for single-family and multi-family properties. summary from their website

Single-familySmall multifamily
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Aquarius Property Management offers property management services in Greater Portland, including Portland, South Portland, Falmouth, Cape Elizabeth, and Scarborough. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$912,110
Avg Monthly Rent
$3,025
1% Rule
✗ Below
Landlord Friendly (ME)

ZIP Codes in Falmouth, ME

Screen every ZIP in Falmouth

Filter Falmouth’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 Falmouth, ME

What is the smart move for investors in Falmouth, ME?

In Falmouth, ME the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $912K prices and $3,025/mo rents suits that approach.

How high is vacancy risk in Falmouth, ME?

Falmouth, ME carries elevated vacancy risk. Expect steady absorption at market rents of $3,025/mo.

Are tenants stable in Falmouth, ME?

Falmouth, ME draws a steady base of working renters. Demand at the $3,025/mo rent level is reasonable for standard single-family and small multi rentals.

Can I house hack in Falmouth, ME?

Falmouth, ME offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $3,025/mo rent level.

How do landlord-tenant laws work in Falmouth, ME?

ME ranks as a landlord-friendly state for landlord-tenant law. Falmouth generally follows the statewide framework, so landlords face reasonable operating rules.

Community Ratings

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