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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Belgrade offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Belgrade, ME is a lakeside vacation market with just 23 active Airbnb listings and an average annual revenue of $67,241 per property — driven almost entirely by a dramatic summer peak that pushes monthly earnings above $14,000 in August. The average daily rate of $431 outpaces the Maine state average of $415, and the market's ROI score of 72 out of 100 signals an attractive opportunity where revenue relative to property values remains above average. With a small supply base and strong seasonal demand, Belgrade rewards investors who can capitalize on its concentrated summer booking window.
According to Rabbu market data, the Belgrade short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 23 |
| Average Daily Rate (ADR) | vs. $415 state avg. | $431 |
| Average Occupancy Rate | vs. 55% state avg. | 34% |
| RevPAN | ADR * Occupancy Rate | $145 |
| Average Monthly Revenue | Historical 12-month average | $5,603 |
| Average Annual Revenue | Historical 12-month average | $67,241 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Belgrade's above-average revenue-to-price ratio and stable occupancy make it compelling for investors seeking lakefront vacation rental returns in a low-competition Maine market.
Key investment factors
"Belgrade presents a genuinely attractive investment opportunity for hosts who understand and embrace its seasonal rhythm. The concentrated summer peak — with August alone generating $14,029 in average revenue — accounts for the lion's share of annual earnings, while winter months settle around $2,000. This sharp seasonality means cash-flow planning is essential, but the above-average revenue-to-price ratio and limited competitive supply of just 23 listings work in an investor's favor. Properties with direct lake access and strong outdoor amenities are particularly well-positioned to capture the premium rates this market supports."
— Rabbu Market Analysis Team
Belgrade exhibits extreme seasonality, with August ($14,029) and July ($12,777) generating 5–7 times the revenue of winter months like February ($2,007) and January ($2,017). Investors should expect roughly 60% or more of annual revenue to come from the June–September window, making peak-season optimization critical.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,017 |
| February |
|
$2,007 |
| March |
|
$2,225 |
| April |
|
$3,261 |
| May |
|
$5,340 |
| June |
|
$7,151 |
| July |
|
$12,777 |
| August |
|
$14,029 |
| September |
|
$6,947 |
| October |
|
$5,904 |
| November |
|
$2,931 |
| December |
|
$2,648 |
The market's active supply is concentrated entirely in 3-bedroom properties, with all 13 reported listings falling into that category. This narrow distribution could signal an opportunity for investors willing to offer differentiated configurations — such as larger family homes or smaller couples' retreats — to capture underserved demand segments.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
13 |
Three-bedroom properties in Belgrade command an average daily rate of $313, which is the only size segment with reported data. The overall market ADR of $431 suggests that some unlisted or differently categorized properties are achieving higher nightly rates, potentially through premium amenities or peak-season pricing strategies.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$313 |
Three-bedroom listings generate a RevPAN of $106, reflecting the combination of a $313 ADR and 34% occupancy. While this figure is moderate, the low occupancy is primarily a function of seasonality rather than weak demand — peak months likely deliver RevPAN well above this annual average.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$106 |
Three-bedroom properties average 34% occupancy, consistent with the market-wide figure and well below Maine's 55% state average. This rate is typical for a seasonal lakefront market where bookings concentrate heavily in summer, and investors should evaluate cash flow based on seasonal occupancy rather than annual averages.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
34% |
Three-bedroom listings average $5,230 per month, slightly below the market-wide average of $5,603. This gap may indicate that a handful of larger or more premium properties in the market are pulling the overall average upward.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$5,230 |
At $62,770 in average annual revenue, 3-bedroom properties represent the core earning tier in Belgrade. Against an average home value of $647,959, this translates to a gross yield of roughly 9.7%, aligning with the market's above-average revenue-to-price ratio rating.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$62,770 |
Lake access (91%), waterfront location (83%), and BBQ grills (87%) dominate Belgrade's amenity landscape alongside essentials like parking and kitchens (both 96%). This profile makes clear that guests are booking for an outdoor lakefront experience, and any competitive listing should prioritize water access, outdoor living spaces, and pet-friendliness (57%) to meet prevailing expectations.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
96% |
| Kitchen |
|
96% |
| Lake Access |
|
91% |
| BBQ Grill |
|
87% |
| Dryer |
|
87% |
| Waterfront |
|
83% |
| Washer |
|
83% |
| Self Check-in |
|
74% |
| Patio or Balcony |
|
74% |
| Outdoor Furniture |
|
74% |
| Backyard |
|
74% |
| Pets |
|
57% |
| Workspace |
|
52% |
| Beach Access |
|
17% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Belgrade Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Belgrade's ROI score of 72 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — two factors that together account for 70% of the score's weighting. Market growth trend and supply/demand balance are both rated average, reflecting a market that is growing but could see competition increase as new listings enter. Investors should pair these metrics with thorough local regulatory research and a clear peak-season strategy to maximize returns.
Understanding local STR regulations is essential before investing in Belgrade. Here's the current regulatory landscape:
Short-term rental operators in Belgrade, Maine may need to register with local authorities or obtain a lodging permit. Investors should verify current requirements with the Town of Belgrade and the State of Maine before listing a property.
Common restrictions in Maine lake communities can include occupancy limits, noise ordinances, parking requirements, and setback or septic system regulations tied to waterfront properties. HOA or lake association covenants may impose additional rules, so it's important to review any deed restrictions before purchasing.
Maine requires collection of a 9% lodging tax on short-term rentals, and platforms like Airbnb often handle collection and remittance on behalf of hosts. Investors should confirm whether any additional local fees apply in Belgrade and ensure they are registered with Maine Revenue Services.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Belgrade can provide current regulatory guidance.
Financing an Airbnb investment in Belgrade requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Belgrade's short-term rental market is expected to follow its established seasonal pattern, with the bulk of annual revenue concentrated in June through September. ADR could see modest increases in the range of 2–5% as the limited supply of 23 listings keeps pricing power in hosts' favor during peak months. Year-over-year listing growth of 129% suggests new supply is entering the market, which may moderate occupancy gains — investors should monitor whether demand keeps pace. Off-season strategies such as competitive winter pricing or targeting remote workers could help smooth out the revenue curve."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; always verify with municipal and state authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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