Rangeley, Maine Short-Term Rental Market
Rangeley, ME short-term rentals averaged $228/night at 52.9% occupancy in June 2026, with a roughly 6.6% gross rental yield.
Quick Answer: Rangeley, Maine is an active short-term rental market. average occupancy in the Maine Area market area is 53%. average monthly revenue in the Maine Area market area is $2,758. average daily rate in the Maine Area market area is $228. the top operator in the Maine Area market area is Morton & Furbish Vacation Rentals with 332 listings. market score is 54/100 (grade D).
Market data reflects the Maine Area regional market, which includes Rangeley. Regulations, taxes, and permit details below are specific to Rangeley.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Rangeley is the hub of Maine’s Rangeley Lakes Region, a four-season resort area in Franklin County anchored by Saddleback Mountain ski area and a chain of six lakes including Rangeley Lake and Mooselookmeguntic Lake. The year-round population is just 1,222. In June 2026, the latest month with data, short-term rentals in this market averaged $227.96 per night at 52.9% occupancy, generating $2,758 in average monthly revenue per listing. Occupancy was down 2.1 percentage points year over year, while ADR rose 2.3% and revenue grew 4.3%. By property type, apartments averaged $1,903/month, entire homes $2,846/month, and houses $3,041/month. Regionally, entire-place listings make up roughly 94% of inventory, consistent with Rangeley’s long-standing reliance on seasonal cottage and camp rentals since its large historic hotels closed.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 46% | $205 | $2,438 |
| Feb | 58% | $223 | $3,028 |
| Mar | 45% | $206 | $2,654 |
| Apr | 41% | $163 | $1,831 |
| May | 47% | $162 | $1,693 |
| Jun | 57% | $191 | $2,387 |
| Jul | 68% | $204 | $3,511 |
| Aug | 67% | $204 | $3,684 |
| Sep | 48% | $177 | $2,361 |
| Oct | 48% | $166 | $2,150 |
| Nov | 40% | $145 | $1,668 |
| Dec | 47% | $176 | $1,915 |
Top Short-Term Rental Operators in Maine Area market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Maine Area market as a whole, which includes Rangeley, so these counts are not Rangeley-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Morton & Furbish Vacation Rentals | 332 | 4,755 | ★ 4.79 |
| 2 | Vacasa | 122 | 4,371 | ★ 4.63 |
| 3 | Evolve | 97 | 2,718 | ★ 4.67 |
| 4 | North Woods Maine Cabins Inc | 70 | 1,109 | ★ 4.84 |
| 5 | Sugarloaf Rentals LLC | 63 | 558 | ★ 4.89 |
What Kind of STR Should I Buy in Rangeley?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,778 |
| 2 bed | 1,724 |
| 3 bed | 1,543 |
| 4 bed | 686 |
| 5 bed | 310 |
ADR by Property Tier
| Entire Home | $235 |
| Luxury | $434 |
| Professionally Managed | $349 |
Revenue by Dwelling Type
| Apartment | $1,903 |
| Entire Place | $2,846 |
| House | $3,041 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 53.2% |
| vrbo | 10% |
| both | 36.8% |
Investment Analysis
Rangeley’s market-wide ADR of $227.96 sits well below the luxury tier average of $433.85 and the professionally-managed tier average of $349.42, suggesting substantial upside for well-positioned, professionally run properties. The typical home value in this market is $503,520, and average monthly revenue of $2,758 annualizes to roughly $33,096, working out to a gross rental yield of about 6.6% before expenses, a solid baseline before factoring operating costs. For-sale inventory is thin at 26 homes, which can mean less competition among buyers but also fewer comparable sales to benchmark pricing. Revenue growth of 4.3% year over year, despite declining occupancy, was driven by rate gains, suggesting the market can still support price increases. Regulation is moderate: Rangeley requires a Town Short-Term Rental Registration Certificate (in place since October 2023) but imposes no owner-occupancy requirement and no cap on the total number of STRs, and a broader, stricter ordinance was voted down by residents in spring 2024, leaving the current lighter-touch framework in place.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Guests book Rangeley listings an average of 70.6 days ahead, one of the longest lead times in this batch, and stay 4.3 nights per trip. That long booking window reflects Rangeley’s dual ski-and-lake seasonality, where guests plan trips well ahead of Saddleback Mountain’s winter opening or peak summer lake weeks, giving operators substantial runway to manage pricing and minimum-stay rules ahead of demand.
Short-Term Rental Regulations
Short-term rentals, defined as rentals of a dwelling for fewer than 28 consecutive days, are legal in Rangeley but require a valid Town Short-Term Rental Registration Certificate, effective October 1, 2023, administered by the Town Clerk. There is no owner-occupancy or primary-residence requirement and no cap on the total number of STRs town-wide. Registration must be renewed annually by May 1, and operators must designate a local contact reachable by phone within 30 minutes and able to be onsite within 24 hours. Occupancy is capped at 2 guests per bedroom plus 2 additional people, strictly enforced overnight. Hosts collect and remit Maine’s 9% state lodging tax; Maine has no separate county or municipal lodging tax. Enforcement is rated moderate, using per-day fines until compliance, and 3 or more substantiated violations within 12 months can lead to denial, suspension, or revocation of the certificate. A broader, stricter town STR ordinance was voted down by residents in spring 2024, leaving the 2023 registration framework in place.
Market Comparison
Rangeley’s 52.9% occupancy in June 2026 sits close to but slightly below the roughly 55% U.S. median often cited for short-term rentals, while its $227.96 ADR runs slightly above the roughly $220 national median, consistent with a specialized ski-and-lake resort market. No property manager snapshot data is currently published for this market, so a top-operator comparison is not available; based on available data, ownership in Rangeley appears to remain fragmented among independent cottage and camp owners rather than concentrated under large professional managers.
Frequently Asked Questions About Rangeley, Maine
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