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

Orono, ME has a median modeled monthly cash flow of $-403 and a median cap rate of 4.8%, on a median sold price of $304,000. Prices changed -4.6% year over year.

What is the average cap rate in Orono, ME?

The median cap rate across recently sold homes in Orono, ME is 4.8%, 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 $304,000 (about $188 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.

$304,000Median sold price

$188Median $/sqft

4.8%Median cap rate

$-403Modeled cash flow / mo

-4.6%Appreciation YoY

12.5Months of supply

54Active listings

52Sold (last 12 mo)

What the Orono numbers say

In Orono, ME, the median home sold for $304,000 (about $188 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-403 of monthly cash flow. Sold prices moved -4.6% over the past year. Inventory sits at about 12.5 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.