Cumberland County, Maine Housing Market Prices
Cumberland County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 31% above the Maine median Among the 5 most expensive counties in Maine$343,438
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Median rent 40% above the Maine median Most expensive county in Maine$1,589
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cumberland County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,438 | $261,367 | $248,835 |
| Price Trend (Annual %) | 8.0% | 8.5% | 7.5% |
| Median Gross Rent | $1,589 | $1,139 | $1,407 |
| Rent Trend (Annual %) | 6.2% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cumberland County is about 31% higher than in Maine. Rent is about 40% higher than the Maine average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cumberland County, up about 8.0% and 6.2% a year respectively. Home prices are changing faster.
Median rent in Cumberland County rose about 63.8% between 2015 and 2024, from $970 to $1,589. Over the same span, rent in Maine rose about 46.7%.
Affordability
On average, housing unit costs 3.6 yearly household incomes in Cumberland County.
Buying the median-priced home in Cumberland County costs roughly 18.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cumberland County. The price-to-rent ratio in Maine is about 19.1.
| Metric | Cumberland County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $343,438 | $261,367 | $248,835 |
| Median Household Income | $95,774 | $74,723 | $80,455 |
| Price-to-Income Ratio | 3.6 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cumberland County rose about 90.5%, while median household income rose about 66.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cumberland County | Maine Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 59.0% | 58.5% |
| Rental Rate | 26.0% | 20.4% | 31.2% |
| Vacancy Rate | 13.8% | 20.6% | 10.2% |
| Median Tenure (years) | 15.0 | 16.0 | 15.0 |
| Median Year Moved In | 2011 | 2010 | 2011 |
Cumberland County has a homeownership rate of 60.2%, higher than the Maine average of 59.0%. Its housing vacancy rate is 13.8%, compared with 20.6% in Maine.
Housing Stock
| Metric | Cumberland County | Maine Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.26 people | 2.25 people | 2.53 people |
| Median Structure Built Year | 1972 | 1974 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Cumberland County was built around 1972. On average, 2.3 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Cumberland County, ME Housing Compared With Nearby Counties
Cumberland County, ME is the largest of the 6 counties compared here, 308,608 residents against a local median of 113,398. Cumberland County, ME's median home price, at $343,438, runs 59% above the $215,519 typical of the counties around it.
Median rent tells the same story from another angle: $1,589 against a local median of $1,010, 57% above it. The counties themselves spread $263,772 on median home price, so Cumberland County, ME sits at one end of an already wide local range rather than apart from it. Cumberland County, ME has the 3rd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cumberland County, ME | 308,608 | $343,438 #3/6 | $1,589 #1/6 | 69.8% #5/6 |
| Androscoggin County, ME | 113,398 | $145,070 | $1,010 | 67.9% |
| Sagadahoc County, ME | 37,285 | $408,621 | $1,097 | 77.8% |
| York County, ME | 216,704 | $408,842 | $1,339 | 77.3% |
| Oxford County, ME | 59,255 | $215,519 | $835 | 80.6% |
| Kennebec County, ME | 126,799 | $174,285 | $991 | 73.7% |
Frequently Asked Questions
Common questions about the housing market in Cumberland County, Maine.
What is the median home price in Cumberland County, Maine?
The median home price in Cumberland County, Maine is $343,438, higher than the Maine average of $261,367.
What is the average home price in Cumberland County, Maine?
The typical home price in Cumberland County, Maine, reported as the median sale price, is $343,438. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cumberland County, Maine?
The median gross rent in Cumberland County, Maine is $1,589 per month, higher than the Maine average of $1,139.
What was the median gross rent in Cumberland County in 2020?
In 2020, the median gross rent in Cumberland County, Maine was $1,192 per month.
What is the price-to-rent ratio in Cumberland County, Maine?
The price-to-rent ratio in Cumberland County, Maine is about 18.0, meaning it would take roughly 18.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cumberland County.
Are home prices or rent rising faster in Cumberland County, Maine?
Both home prices and rent are rising in Cumberland County, up about 8.0% and 6.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cumberland County, Maine?
60.2% of households in Cumberland County, Maine own their home, higher than the Maine average of 59.0%.
What is the vacancy rate in Cumberland County, Maine?
The housing vacancy rate in Cumberland County, Maine is 13.8%, lower than the Maine average of 20.6%.
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