Newport, ME

Key Performance Metrics

Market snapshot

Performance indicators for the Newport short-term rental market based on reliable data.

Listings

15 / 79

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$27,430

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$248,434

Median Home Sale Price

Top Earners

$46,057

Top-Earners Revenue

Newport

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Newport.

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Generally Investor friendly

Newport Regulations

STRs are allowed in most districts with moderate permitting and standard inspections; B&Bs must be owner-occupied and several districts restrict non-owner-occupied lodging, but there are no hard caps or excessive fees.

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About Newport

Newport is a town in Penobscot County, Maine, United States. The population was 3,133 at the 2020 census. The town's borders surround the shoreline of Sebasticook Lake.

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