Real Estate Investing in Auburn, Maine (04210)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 04210 (Auburn, ME)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Auburn, ME (04210)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 04210 Auburn
Investors eyeing 04210 need to respect the fundamentals at play. Home values of $333K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $333K asset, 04210 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 04210 and stronger Auburn ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 04210 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 04210 is an operator game, not a passive one. From an investor standpoint, entry prices of $333K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Auburn:
Property Strategy for 04210
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $225,072 | $1,200 | 3.8% | +10.1% | $225,072 |
| 2BR | $267,604 | $1,560 | 4.2% | +11.2% | $133,802 |
| 3BR | $331,343 | $2,020 | 4.4% | +10.3% | $110,448 |
| 4BR | $369,964 | $2,270 | 4.4% | +10.1% | $92,491 |
| 5BR | $397,969 | — | — | +9.9% | $79,594 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 04210 Compare?
| Metric | 04210 | Auburn | Lewiston-Auburn, ME | Maine |
|---|---|---|---|---|
| Home Value | $332,805 | $332,805 | N/A | $401,109 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 8.6% |
| Avg Rent | $1,581 | $1,581 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 04210 (Auburn, ME). Anonymous, moderated, never written by AI.
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Property managers serving Androscoggin County
Manage rentals here? List your business →Central Maine Property Management, Inc. provides professional service to tenants and property owners across Maine since 2002. summary from their website
Great Falls Property Management provides property management services. summary from their website
H&S Reny Property Management, Inc. is a full-service real estate management company serving Lewiston, Auburn, and surrounding communities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $332,805 |
| Monthly Rent | $1,581 |
| Price-to-Rent | 17.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 Rent Trends
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 04210
Population: 24,294
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 04210
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,549 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Auburn, ME better for rentals, flips, or BRRRR?
Auburn, ME investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($333K prices, $1,581/mo rents) make it a reasonable choice.
How strict are landlord regulations in Auburn, ME?
Auburn, ME operates under ME law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
What kind of vacancy should I budget for in Auburn, ME?
Auburn, ME vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the renter demographic in Auburn, ME?
Tenant quality in Auburn, ME ranks as solid. Landlords generally report steady occupancy at market rents of $1,581/mo.
Does Auburn, ME make sense for an investment property?
With a 3.0/5 investability score, Auburn, ME ranks as a solid market for rental property investors. Median prices of $333K and rents of $1,581/mo drive the underlying numbers.
You know 04210 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 04210 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 04210 ranks in Lewiston-Auburn, ME
Every ZIP in this metro, ranked. Free.
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