Real Estate Investing in Lee, Maine

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

1 ZIP codes • Population: 934 • Penobscot County

☆ Watch this market Free account

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

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

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
1 flag
  • High vacancy: 45.5% of homes vacant — above national norms.

What’s happening in Lee, ME?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

8.0% 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 $192,846
Avg Monthly Rent $1,467
ZIP Codes 1

Investing in Lee Real Estate

With a sizable population across 1 ZIPs, Lee shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

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

Rents in Lee at $1,467/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.

Population dynamics in Lee haven't been supportive. less favorable for combined with underwhelming income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Bangor, ME

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Lee, ME. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Lee, ME?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$192,846
Avg Monthly Rent
$1,467
1% Rule
✗ Below
Landlord Friendly (ME)

📉 Market Crash Risk Index

Based on Bangor, ME metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
63%
Days Pending
1/2
51 days

View all metro crash risk rankings →

❄️ Cool Market — Bangor, ME metro
51
Days to pending
11.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Lee, ME

Screen every ZIP in Lee

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

View Plans

Frequently Asked Questions About Lee, ME

Is housing expensive in Lee, ME?

Lee, ME home values average about $193K. That price point suits investors targeting rentals with $1,467/mo in monthly income.

What kind of market is Lee, ME for investors?

Investors tracking Lee, ME will find a 3.0/5 rating supported by $193K median home values and $1,467/mo rents. That profile suits long-term holders targeting reliable returns.

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

ME law landlord-friendly for landlords, and Lee inherits those rules. Investors should still review local ordinances for rental licensing.

Is Lee, ME good for house hacking?

House hacking in Lee, ME is a challenging. With home values around $193K and rents at $1,467/mo, owner-occupants can offset a meaningful share of PITI.

What is the renter demographic in Lee, ME?

Lee, ME offers a steady renter base at the $1,467/mo rent level. Tenant turnover is reasonable for well-managed properties.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Lee, ME.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.