Real Estate Investing in Cumberland County, Maine

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

32 ZIP codes • Population: 304,146

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

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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

πŸ“ˆ 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
1 flag
  • High vacancy: 14.2% of homes vacant β€” above national norms.

What’s happening in Cumberland County, ME?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

4.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $620,217
Avg Monthly Rent $2,145
ZIP Codes 32

Investing in Cumberland County Real Estate

This is a distressed-leaning county in Maine: Cumberland has 24 cities, 32 ZIPs, and investment math that only works for investors with genuine local understanding.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Cumberland County sits firmly in that category.

Cumberland County's population trends and income levels suggest a region where affordability is strained, constraining how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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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 β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$620,217
Avg Monthly Rent
$2,145
1% Rule
βœ— Below
Landlord Friendly (ME)
β˜…β˜…β˜…β˜…β˜†

πŸŽ“ Colleges & Universities in Cumberland County

10 Colleges 25,625 Students 2,551 Off-Campus Renters
B+
Bowdoin College
4-Year Private Β· 1,850 students
C+
University of Southern Maine
4-Year Public Β· 7,528 students
πŸ“ ~707 students rent off-campus
C
Spa Tech Institute-Westbrook
Vocational For-Profit Β· 261 students
C
Southern Maine Community College
2-Year Public Β· 7,205 students
πŸ“ ~1,844 students rent off-campus
C
Saint Joseph's College of Maine
4-Year Private Β· 1,463 students
C
Maine College of Art & Design
4-Year Private Β· 474 students
C
Northeast Technical Institute
Vocational For-Profit Β· 274 students
C
Empire Beauty School-Maine
Vocational For-Profit Β· 118 students
C
Unity Environmental University
4-Year Private Β· 6,359 students
D
Institute for Doctoral Studies in the Visual Arts
4-Year Private Β· 93 students

Investor Insight: With 2,551 students living off-campus, Cumberland County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Cumberland County

ZIP Codes in Cumberland County, ME

04103 β˜… β˜… β˜… β˜… β˜…
Portland
Population 31,705
Avg Home $538,851
Avg Rent $2,694/mo
04106 β˜… β˜… β˜… β˜… β˜…
South Portland
Population 26,966
Avg Home $533,882
Avg Rent $2,611/mo
04074 β˜… β˜… β˜… β˜… β˜…
Scarborough
Population 22,527
Avg Home $705,449
Avg Rent $2,742/mo
04011 β˜… β˜… β˜… β˜… β˜…
Brunswick
Population 22,081
Avg Home $506,510
Avg Rent $2,156/mo
04092 β˜… β˜… β˜… β˜… β˜…
Westbrook
Population 20,484
Avg Home $464,926
Avg Rent $2,405/mo
04062 β˜… β˜… β˜… β˜… β˜…
Windham
Population 19,041
Avg Home $502,062
Avg Rent $2,321/mo
04038 β˜… β˜… β˜… β˜… β˜…
Gorham
Population 18,192
Avg Home $553,325
Avg Rent $2,175/mo
04101 β˜… β˜… β˜… β˜… β˜…
Portland
Population 18,128
Avg Home $657,586
Avg Rent $2,382/mo
04102 β˜… β˜… β˜… β˜… β˜…
Portland
Population 17,642
Avg Home $551,235
Avg Rent $2,415/mo
04105 β˜… β˜… β˜… β˜… β˜…
Falmouth
Population 12,557
Avg Home $912,110
Avg Rent $3,025/mo
04107 β˜… β˜… β˜… β˜… β˜…
Cape Elizabeth
Population 9,581
Avg Home $911,389
Avg Rent $3,166/mo
04096 β˜… β˜… β˜… β˜… β˜…
Yarmouth
Population 9,006
Avg Home $775,193
Avg Rent $2,399/mo
04032 β˜… β˜… β˜… β˜… β˜…
Freeport
Population 8,736
Avg Home $703,001
Avg Rent $2,658/mo
04039 β˜… β˜… β˜… β˜… β˜…
Gray
Population 8,004
Avg Home $524,436
Avg Rent $2,050/mo
04084 β˜… β˜… β˜… β˜… β˜…
Standish
Population 7,695
Avg Home $477,994
Avg Rent $2,400/mo
04021 β˜… β˜… β˜… β˜… β˜…
Cumberland
Population 6,629
Avg Home $719,672
Avg Rent $1,971/mo
04260 β˜… β˜… β˜… β˜… β˜…
New Gloucester
Population 5,733
Avg Home $441,858
Avg Rent $1,593/mo
04009 β˜… β˜… β˜… β˜… β˜…
Bridgton
Population 5,357
Avg Home $418,408
Avg Rent $1,795/mo
04071 β˜… β˜… β˜… β˜… β˜…
Raymond
Population 4,922
Avg Home $525,371
Avg Rent $1,836/mo
04097 β˜… β˜… β˜… β˜… β˜…
North Yarmouth
Population 4,173
Avg Home $707,045
Avg Rent $2,025/mo
04079 β˜… β˜… β˜… β˜… β˜…
Harpswell
Population 4,094
Avg Home $730,758
Avg Rent $1,674/mo
04055 β˜… β˜… β˜… β˜… β˜…
Naples
Population 3,949
Avg Home $443,195
Avg Rent $2,007/mo
04015 β˜… β˜… β˜… β˜… β˜…
Casco
Population 3,656
Avg Home $454,012
Avg Rent $1,629/mo
04040 β˜… β˜… β˜… β˜… β˜…
Harrison
Population 2,963
Avg Home $416,898
Avg Rent $1,422/mo
04085 β˜… β˜… β˜… β˜… β˜…
Standish
Population 2,822
Avg Home $433,955
Avg Rent $1,998/mo
04029 β˜… β˜… β˜… β˜… β˜…
Sebago
Population 2,124
Avg Home $414,747
Avg Rent $1,620/mo
04110 β˜… β˜… β˜… β˜… β˜…
Cumberland
Population 1,917
Avg Home $999,144
Avg Rent $2,304/mo
04069 β˜… β˜… β˜… β˜… β˜…
Pownal
Population 1,551
Avg Home $611,522
Avg Rent $1,863/mo
04066 β˜… β˜… β˜… β˜… β˜…
Harpswell
Population 845
Avg Home $730,368
Avg Rent $1,593/mo
04108 β˜… β˜… β˜… β˜… β˜…
Portland
Population 788
Avg Home $745,716
Avg Rent $1,782/mo
04109 β˜… β˜… β˜… β˜… β˜…
Portland
Population 188
Avg Home $872,138
Avg Rent $2,142/mo
04003 β˜… β˜… β˜… β˜… β˜…
Harpswell
Population 90
Avg Home $864,174
Avg Rent $1,800/mo

Screen every market in Cumberland County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Cumberland County

What do rentals go for in, ME?

, ME rentals go for roughly $2,145/mo a month. That puts gross yield in solid territory relative to $620K acquisition costs.

Where do home prices stand in, ME?

Expect median prices around $620K in, ME. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.

What is the investability score for, ME?

The 3.0/5 investability rating in, ME reflects its $620K prices and $2,145/mo rents. Investors generally consider it a solid option within ME.

Should investors worry about vacancy in, ME?

, ME carries elevated vacancy risk. Expect measured absorption at market rents of $2,145/mo.

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