Performance indicators for the Phillips short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Phillips.
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Challenging to Investors
Short-term rentals appear allowed by default because Phillips has no identified local ordinance, but legality depends on zoning/life-safety and investors must obtain state CDC lodging licensing and Meals & Rooms tax registration—creating compliance steps and ongoing monitoring risk. The absence of city-specific rules introduces uncertainty (zoning, caps, enforcement), and investors must do due diligence with the town and county, which raises risk.
Local STR Agent
STR specialist · Phillips, ME
Phillips is a town in Franklin County, Maine, United States. The population was 898 at the 2020 census. It is home to the Sandy River and Rangeley Lakes Railroad, a heritage railroad.