Is Orono, ME a good place to invest in rental property?

Orono, ME has a median modeled monthly cash flow of $-210 and a median cap rate of 5.3%, on a median sold price of $320,000. Prices changed -5.8% year over year.

What is the average cap rate in Orono, ME?

The median cap rate across recently sold homes in Orono, ME is 5.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Orono, ME?

The median sold price in Orono, ME is $320,000 (about $186 per square foot).

Investing in Orono, ME Real Estate

A data-driven snapshot of the Orono, ME rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$320,000Median sold price

$186Median $/sqft

5.3%Median cap rate

$-210Modeled cash flow / mo

-5.8%Appreciation YoY

10.0Months of supply

44Active listings

53Sold (last 12 mo)

What the Orono numbers say

In Orono, ME, the median home sold for $320,000 (about $186 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-210 of monthly cash flow. Sold prices moved -5.8% over the past year. Inventory sits at about 10.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Maine markets to compare

See Orono cash-flowing listings

CashFlowRE ranks every for-sale home in Orono, ME by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Orono deals, or browse the national market data.