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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Greenville presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Greenville, ME sits at the southern gateway to Moosehead Lake — Maine's largest — making it a magnet for outdoor recreation travelers seeking lakefront cabins and woodland retreats. With an average annual revenue of $31,335 across 94 active listings and a notably strong revenue-to-price ratio rated above average, the market offers real upside for investors who can navigate its pronounced seasonality. However, occupancy currently sits at just 26% (well below the 55% state average), so success here hinges on maximizing the summer peak and supplementing income during quieter shoulder months.
According to Rabbu market data, the Greenville short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 94 |
| Average Daily Rate (ADR) | vs. $415 state avg. | $292 |
| Average Occupancy Rate | vs. 55% state avg. | 26% |
| RevPAN | ADR * Occupancy Rate | $75 |
| Average Monthly Revenue | Historical 12-month average | $2,611 |
| Average Annual Revenue | Historical 12-month average | $31,335 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Greenville attracts investor attention thanks to its above-average revenue-to-price ratio and the natural draw of Moosehead Lake, though seasonal demand swings and rising supply require careful deal selection.
Key investment factors
"Greenville presents a competitive but uneven opportunity. The above-average revenue-to-price ratio is the market's standout strength, yet below-average occupancy stability and a supply/demand balance that leans toward oversupply temper the outlook. Seasonality is dramatic: August revenue ($6,427) runs more than ten times April's ($624), so investors need to underwrite conservatively around winter and mud-season performance. Larger properties — particularly 3- and 4-bedroom cabins — deliver meaningfully higher RevPAN and annual revenue, making them the configurations most likely to pencil out."
— Rabbu Market Analysis Team
Greenville's revenue curve is sharply seasonal — August leads at $6,427 and July follows at $5,717, while April bottoms out at just $624. The roughly 10:1 spread between peak and trough months means investors should budget for very lean off-season cash flow and capitalize aggressively during the June-through-September window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,299 |
| February |
|
$1,998 |
| March |
|
$1,253 |
| April |
|
$624 |
| May |
|
$2,109 |
| June |
|
$2,791 |
| July |
|
$5,717 |
| August |
|
$6,427 |
| September |
|
$3,452 |
| October |
|
$2,635 |
| November |
|
$1,366 |
| December |
|
$1,658 |
Three-bedroom properties dominate the supply with 40 of 94 listings, followed by 2-bedrooms at 30. One-bedroom units are notably scarce at just 6, which could represent either low demand for that configuration in a cabin-style market or a niche opportunity for budget-conscious travelers.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
6 |
| 2 bedrooms |
|
30 |
| 3 bedrooms |
|
40 |
| 4 bedrooms |
|
13 |
ADR climbs steeply with size: 1-bedroom listings average $184 while 4-bedrooms command $440, more than double. The jump from 3 bedrooms ($279) to 4 bedrooms ($440) — a $161 premium — suggests that larger family or group properties capture outsized nightly rates in this lakefront market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$184 |
| 2 bedrooms |
|
$218 |
| 3 bedrooms |
|
$279 |
| 4 bedrooms |
|
$440 |
RevPAN scales consistently from $26 for 1-bedroom units to $113 for 4-bedroom properties, confirming that larger homes not only command higher nightly rates but also convert enough bookings to deliver superior revenue per available night. The 4-bedroom segment delivers more than four times the RevPAN of 1-bedrooms, making it the clear leader on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26 |
| 2 bedrooms |
|
$46 |
| 3 bedrooms |
|
$83 |
| 4 bedrooms |
|
$113 |
Three-bedroom listings lead occupancy at 30%, while 4-bedrooms come in at 26% and 1-bedrooms trail at just 15%. Across all sizes, occupancy runs well below the state average — underscoring that Greenville is a high-rate, low-frequency market where revenue depends more on nightly pricing power than on filling the calendar.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15% |
| 2 bedrooms |
|
21% |
| 3 bedrooms |
|
30% |
| 4 bedrooms |
|
26% |
Monthly revenue ranges from $1,371 for 1-bedroom units up to $4,059 for 4-bedroom properties. Three-bedroom listings average $3,159 per month and represent a solid middle ground, earning roughly 78% of what 4-bedrooms generate while facing less competition pressure at the top end of the market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,371 |
| 2 bedrooms |
|
$1,950 |
| 3 bedrooms |
|
$3,159 |
| 4 bedrooms |
|
$4,059 |
Four-bedroom properties lead annual revenue at $48,713, followed by 3-bedrooms at $37,916. Against Greenville's average home value of $549,609, only the largest and best-positioned properties are likely to hit attractive gross yield thresholds — making property selection and acquisition price critical to investment returns.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$16,457 |
| 2 bedrooms |
|
$23,401 |
| 3 bedrooms |
|
$37,916 |
| 4 bedrooms |
|
$48,713 |
Parking and kitchen access are near-universal at 99%, reflecting the remote, self-catering nature of Greenville stays. Lake access (55%), BBQ grills (73%), and pet-friendliness (66%) round out the profile of a market where outdoor lifestyle amenities are table stakes — investors lacking lake access or outdoor features may struggle to compete.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
99% |
| Kitchen |
|
99% |
| Washer |
|
78% |
| Self Check-in |
|
77% |
| Dryer |
|
77% |
| BBQ Grill |
|
73% |
| Backyard |
|
66% |
| Pets |
|
66% |
| Outdoor Furniture |
|
60% |
| Lake Access |
|
55% |
| Patio or Balcony |
|
51% |
| Workspace |
|
39% |
| Waterfront |
|
31% |
| Gym |
|
26% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Greenville Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Greenville's ROI score of 43 out of 100 places it in the 'Competitive Opportunity' band, where an above-average revenue-to-price ratio is offset by below-average occupancy stability and a supply/demand balance that has tightened as listings surged 124% year over year. The market growth trend is rated average, suggesting steady but not accelerating demand. Investors eyeing Greenville should pair these metrics with thorough local regulatory research and focus on larger, amenity-rich properties to maximize the odds of hitting return targets.
Understanding local STR regulations is essential before investing in Greenville. Here's the current regulatory landscape:
Short-term rental operators in Greenville, Maine may need to register with the town and comply with state-level lodging requirements. Investors should verify current permit or licensing obligations directly with the Town of Greenville and the Maine Department of Health and Human Services before listing a property.
Common restrictions that may apply include occupancy limits tied to septic capacity or bedroom count, minimum safety standards such as smoke and CO detectors, noise ordinances, parking requirements, and any applicable HOA or deed restrictions. Maine towns increasingly review STR activity, so checking for zoning overlays or seasonal-use limitations is advisable.
Maine imposes a 9% lodging tax on short-term rentals, and platforms like Airbnb typically collect and remit this on behalf of hosts. Operators should confirm whether any additional local fees or assessments apply in Greenville 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 Greenville can provide current regulatory guidance.
Financing an Airbnb investment in Greenville requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Greenville's summer months should continue to anchor returns — July and August alone account for roughly 39% of trailing annual revenue, and demand for lakefront getaways in northern Maine shows no signs of softening. ADR may see modest upward pressure in the range of 2–5% as the listing count has grown 124% year over year, though this rapid supply growth could weigh on occupancy if it outpaces demand. Investors should plan conservatively for winter and spring occupancy in the low teens to low twenties percent, while targeting shoulder-season strategies like fall foliage packages and snowmobile-season marketing to smooth out cash flow."
— 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and market conditions as of the dates noted; actual results may differ based on property-specific factors, pricing strategy, and management quality. Local regulations and tax obligations are summarized for informational purposes only — investors should verify current rules with municipal and state authorities before purchasing.
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