What is the median home value in Cumberland County, ME?

The median home value in Cumberland County, ME is $411,400, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Cumberland County, ME?

The cap rate proxy in Cumberland County, ME is 4.4% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is below average, suggesting an appreciation-focused market.

How much new construction is happening in Cumberland County, ME?

Cumberland County has 305,940 residents and issued 1,571 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Portland-South Portland, ME · Maine

Cumberland County

305,940 residents1,571 permits TTM$92,983 median HHI38 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$411,400

ACS 5-Year

Cap rate proxy

4.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.3%

HUD FMR ÷ ACS HHI

Net migration

+2.30%

IRS SOI

Permits (TTM)

1,571

Census BPS

Climate risk

77.0

FEMA NRI (0–100)

ZIP code breakdown38 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
04029	—	—	—	4.4%	29.9%
04040	—	—	—	4.4%	29.9%
04009	—	—	—	4.4%	29.9%
04019	—	—	—	4.4%	29.9%
04024	—	—	—	4.4%	29.9%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
—	—	—	6.2%	-8.8%
—	—	—	5.9%	-24.4%
—	—	—	5.8%	-9.3%
—	—	—	5.6%	-16.7%
—	—	—	5.6%	-14.0%
—	—	—	5.4%	-3.0%
—	—	—	5.0%	-33.4%
—	—	—	4.9%	-3.9%
—	—	—	4.7%	-24.3%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.4%	29.9%
—	—	—	4.2%	29.9%
—	—	—	4.2%	29.9%
—	—	—	4.2%	29.9%
—	—	—	4.1%	-5.9%
—	—	—	4.1%	29.9%
—	—	—	4.0%	-40.9%
—	—	—	3.8%	29.9%
—	—	—	3.8%	-12.3%
—	—	—	3.6%	29.9%
—	—	—	3.5%	29.9%
—	—	—	3.1%	29.9%
—	—	—	2.6%	29.9%
—	—	—	2.6%	29.9%
—	—	—	2.5%	29.9%
—	—	—	2.5%	29.9%
—	—	—	2.1%	29.9%
—	—	—	1.8%	29.9%

Demographics

Owner-occupied

70.4%

Census ACS

Vacancy rate

14.2%

Census ACS

Bachelor's degree +

52.2%

Census ACS

Rent burdened

44.6%

Census ACS (>30% income)

Median age

42.1

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Cumberland County

See all 38 ZIPs ranked by yield and cap rate