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  4. Cushing

Cushing, Maine

Short-Term Rental Market Data & Investment Analysis

Cushing, Maine Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 38
ADR: $290.60

Visitor Profile

Cushing, Maine, a picturesque coastal town, attracts a modest yet significant number of visitors each year, contributing to its local economy and community. While exact annual visitor numbers are not widely published, tourism in Maine generally sees millions of visitors, with Cushing benefiting from its proximity to popular attractions. The demographic profile of visitors typically includes families, couples, and retirees, drawn by the town’s serene landscapes and rich history. Key reasons for visiting include outdoor activities, art exploration, and cultural experiences. The economic impact of tourism is notable, supporting local businesses and enhancing community development.

In Cushing, the visitor statistics indicate a diverse demographic, with a noticeable influx of visitors from nearby states, particularly Massachusetts and New York. The primary reasons for visiting include enjoying the natural beauty of the area, participating in outdoor activities such as kayaking and hiking, and exploring local art galleries. The average length of stay for visitors is estimated to be around three to four days, with peak seasons occurring in the summer months, particularly July and August. According to the Town of Cushing, Maine website (https://www.cushing.maine.gov/), the town offers various attractions that cater to different interests, making it a versatile destination. Additionally, resources like AARP (https://local.aarp.org/cushing-me/things-to-do/) highlight the top activities available, further enhancing the appeal of Cushing. Understanding these visitor demographics and travel patterns is crucial for STR operators aiming to attract and accommodate this growing market effectively.

Top Attractions

Cushing, Maine, is a charming coastal town that offers a delightful mix of natural beauty and cultural experiences. Nestled along the shores of the St. George River, Cushing is known for its picturesque landscapes, historic sites, and vibrant artistic community. Visitors can explore the serene beauty of the nearby beaches, enjoy the local art scene, and delve into the town’s rich maritime history. Signature attractions such as the iconic Owl’s Head Lighthouse and the breathtaking views from the nearby Camden Hills State Park provide a variety of experiences for nature lovers and history buffs alike. Whether you’re seeking outdoor adventures, cultural enrichment, or simply a peaceful retreat, Cushing has something for everyone.

One of the top attractions in Cushing is the Owl’s Head Lighthouse, a historic beacon that has guided mariners since the 1820s. Visitors can explore the surrounding park and enjoy stunning views of Penobscot Bay. For those interested in local history, the Cushing Historical Society offers insights into the town’s past, showcasing artifacts and stories that highlight its maritime heritage. Families will appreciate the nearby beaches, such as Drift Inn Beach, where children can play in the sand and enjoy the gentle waves. Additionally, art enthusiasts can visit local galleries that feature works from talented Maine artists, providing a glimpse into the vibrant creative community. For more information on attractions and activities, check out the official visitor guide at AARP (https://local.aarp.org/cushing-me/things-to-do/) and learn more about Cushing’s history on Wikipedia (https://en.wikipedia.org/wiki/Cushing,_Maine). With its diverse offerings, Cushing is a destination that promises memorable experiences year-round.

Regulations

Cushing, Maine, has specific regulations governing short-term rentals that property owners must understand to operate legally. These regulations include licensing requirements, tax obligations, zoning restrictions, and safety standards. Property owners looking to rent their homes on a short-term basis must obtain a permit from the town, ensuring compliance with local ordinances. Additionally, short-term rental operators are subject to local lodging taxes, which contribute to the town’s revenue. Understanding these regulations is crucial for avoiding penalties and ensuring a smooth rental experience. For those interested in learning more about Cushing short-term rental regulations, the following details provide a comprehensive overview.

To legally operate a short-term rental in Cushing, property owners must first secure a permit from the town. This process involves submitting an application that outlines the rental’s details and adherence to local zoning laws. The town’s zoning regulations dictate where short-term rentals can be located, ensuring they align with residential and commercial areas. Additionally, property owners are responsible for collecting and remitting lodging taxes, which are typically due quarterly. Safety requirements, including smoke detectors and fire extinguishers, must also be met to ensure guest safety. Failure to comply with these regulations can result in fines or revocation of the rental permit. For more detailed information on the specific ordinances and regulations, visit the Town of Cushing’s official website (https://www.cushing.maine.gov/) and the Ordinances, Regulations and Forms section (https://www.cushing.maine.gov/ordinances/). Understanding these guidelines will help property owners navigate the regulatory landscape effectively.

Vacation Rental Market Overview for Cushing

Cushing attracts visitors with its beaches and waterfront activities and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Cushing, Maine Market Performance Trends

LTM Avg. Daily Rate$257.00
LTM Occupancy Rate71.4%
LTM Avg. Revenue$3,694

Short-Term Rental Market Performance Analysis for Cushing

The short-term rental market in Cushing demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: year-round stability with consistent occupancy

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Cushing, Maine Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$459,498

Current Inventory

  • Homes For Sale:10
  • New Listings:3

Detailed Market Analysis

The average home value in Cushing, ME is $459,498, down 5.9% over the past year. Learn more about the Cushing housing market and real estate trends.

Real Estate Market Analysis for Cushing, Maine

The residential real estate market in Cushing, Maine presents unique opportunities for investors and homebuyers alike. Current market dynamics show steady growth patterns in an established market with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.

Real estate investments in Cushing, Maine benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Cushing, Maine Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:60% Booked
  • 4-6 Months:41.9% Booked
  • 7-9 Months:28.6% Booked
  • 10-12 Months:20% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Cushing

Cushing vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Cushing, Maine Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Cushing

    The vacation rental market in Cushing features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Maine

    • Acton
    • Bangor
    • Bass Harbor
    • Bath
    • Bethel
    • Boothbay Harbor
    • Bridgton
    • Brunswick
    • Buckfield
    • Bucksport
    • Camden
    • Chebeague Island
    • Deer Isle
    • Dexter
    • Dover Foxcroft
    • Dresden
    • Eagle Lake
    • Ellsworth

    Related Short-Term Rental Markets

    Explore 53 vacation rental markets within Maine. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

    Related

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    Table of Contents

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    Quick Facts: Cushing

    Active STRs
    38
    Avg Daily Rate
    $291
    Occupancy Rate
    72%

    Markets in Maine (50)

    • Acton
    • Bangor
    • Bass Harbor
    • Bath
    • Bethel
    • Boothbay Harbor
    • Bridgton
    • Brunswick
    • Buckfield
    • Bucksport
    • Camden
    • Chebeague Island
    • Deer Isle
    • Dexter
    • Dover Foxcroft
    • Dresden
    • Eagle Lake
    • Ellsworth
    • Freeport
    • Gardiner
    • Greene
    • Greenville
    • Harrington
    • Kennebunk
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    • Newcastle
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    • Prospect Harbor
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