Greenwood, ME Airbnb Market Data, Statistics, and Occupancy Rates

As of Apr, 27 2026

Rabbu ROI Score

66 / 100

Greenwood offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.

Greenwood Short-Term Rental Market Overview

Greenwood, ME is a small but compelling lakeside market where short-term rental properties benefit from strong seasonal demand and favorable revenue-to-price ratios. With an average annual revenue of $32,957 against home values averaging $477,664, investors can find an entry point that's more accessible than many coastal Maine destinations. The market's 35 active listings and 76% year-over-year growth in supply signal rising investor interest, while the dual-peak seasonality — winter and summer — offers multiple revenue windows throughout the year.

Key Market Statistics

According to Rabbu market data, the Greenwood short-term rental market shows:

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 35
Average Daily Rate (ADR) vs. $415 state avg. $361
Average Occupancy Rate vs. 55% state avg. 42%
RevPAN ADR * Occupancy Rate $153
Average Monthly Revenue Historical 12-month average $2,746
Average Annual Revenue Historical 12-month average $32,957

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Greenwood

Greenwood attracts STR investors because of its above-average revenue-to-price ratio, four-season recreational appeal, and relatively low competition in a desirable Maine lakeside setting.

Key investment factors

  • Above-average revenue-to-price ratio helps offset the lower occupancy compared to urban markets
  • Dual-season demand from winter ski and snowmobile visitors plus summer lake recreation
  • Small supply base of just 35 active listings creates less direct competition
  • Lake access and waterfront properties command premium daily rates, especially 4-bedroom homes at $630 ADR
  • 76% year-over-year listing growth signals strong investor momentum and rising market visibility

Expert Market Assessment

"Greenwood presents an attractive opportunity for investors willing to navigate its seasonal rhythm. The market's pronounced peaks in February ($4,893) and August ($4,282) contrast sharply with spring lows around $988 in May, meaning cash flow planning is essential. With an ROI score of 66 out of 100, the market balances a strong revenue-to-price ratio and above-average growth trend against below-average occupancy stability — a trade-off that favors investors who price dynamically and market aggressively during shoulder months. Overall, this is a market where strategic operators can outperform averages, particularly with larger properties that capture premium nightly rates."

— Rabbu Market Analysis Team

Understanding Greenwood's ROI Score: 66/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

Factor Greenwood Performance Weight
Revenue-to-Price Ratio Above average 40%
Occupancy Stability Below average 30%
Market Growth Trend Above average 15%
Supply/Demand Balance Average 15%

What This Means for Investors

With a score of 66 out of 100, Greenwood falls into the 'Attractive Opportunity' band, driven primarily by its above-average revenue-to-price ratio and above-average market growth trend — two factors that together account for 55% of the score's weighting. The below-average occupancy stability reflects the market's sharp seasonal swings, which investors should plan for with dynamic pricing and reserve funds. Pairing this score with local regulatory research and a detailed cash-flow model will help determine whether a specific property pencils out.

Short-Term Rental Regulations in Greenwood

Understanding local STR regulations is essential before investing in Greenwood. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Greenwood, Maine may need to register their property or obtain a local permit before listing. Investors should verify current requirements directly with the Town of Greenwood and the State of Maine, as rules can evolve — especially in markets experiencing rapid STR growth.

Key Restrictions

Common restrictions in Maine's rural STR markets can include occupancy limits tied to septic capacity, noise and nuisance ordinances, parking requirements for properties on smaller lots, and potential HOA or deed restrictions in lakeside communities. Some municipalities also impose minimum-stay requirements or cap the number of active permits, so it's worth confirming whether Greenwood has adopted any such measures.

Tax Obligations

Maine imposes a 9% lodging tax on short-term rentals, and hosts should confirm whether any additional local fees apply in Greenwood. Most major booking platforms collect and remit state taxes automatically, but operators are responsible for ensuring full compliance with all applicable obligations.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Greenwood can provide current regulatory guidance.

Short-Term Rental Financing for Greenwood

Financing an Airbnb investment in Greenwood requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Greenwood Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Greenwood is expected to see continued supply growth as more investors discover its favorable revenue-to-price dynamics, though the pace may moderate from the current 76% year-over-year increase. Seasonal patterns suggest ADR could hold steady or edge up 2–4% during peak winter and summer months, while occupancy may fluctuate in the 40–45% range annually given the market's pronounced off-season dips in spring and early summer. Investors who optimize pricing around February's peak ($4,893 average) and the July–August summer stretch should capture the strongest returns. As with any emerging rural market, results will depend on how well new supply is absorbed relative to visitor demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Greenwood, ME

What is the average Airbnb occupancy rate in Greenwood?
The average occupancy rate for Airbnb listings in Greenwood, ME is currently 42%, which falls below Maine's statewide average of 55%. This reflects the market's seasonal nature, with demand concentrated in winter and summer months. Two-bedroom properties tend to perform best at 46% occupancy, while larger units hover around 43–44%. Occupancy varies significantly by month, so hosts who adjust pricing and minimum stays seasonally can outperform the market average.
How much do Airbnb hosts make in Greenwood?
Airbnb hosts in Greenwood earn an average of $2,746 per month, which translates to approximately $32,957 in annual revenue based on trailing 12-month performance. Earnings vary considerably by property size: 2-bedroom listings average $45,360 per year, while 3-bedroom properties come in around $31,124 and 4-bedroom homes earn roughly $39,673 annually. Peak months like February and August can generate $4,000–$4,900 in revenue, while the slowest months (April–May) may produce under $1,300.
Is Greenwood a good market for Airbnb investment?
Greenwood scores a 66 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. Its strongest asset is an above-average revenue-to-price ratio — with average home values around $477,664 and annual revenue near $32,957, the numbers can work for investors who purchase wisely. The main consideration is below-average occupancy stability due to pronounced seasonality, so investors should plan for quieter spring and early summer months. Properties with lake access, hot tubs, or premium outdoor amenities tend to command higher rates and bookings.
What is the average daily rate (ADR) for Airbnb in Greenwood?
The average daily rate across all Greenwood Airbnb listings is $361, slightly below Maine's statewide average of $415. ADR scales meaningfully with property size: 2-bedroom units average $270, 3-bedrooms reach $323, and 4-bedroom properties command an impressive $630 per night. This steep premium for larger homes reflects the market's appeal for group getaways and family vacations centered around lake and outdoor activities.
Are short-term rentals legal in Greenwood?
Short-term rentals operate in Greenwood, ME, and there are currently active Airbnb listings in the market. However, Maine municipalities can adopt their own STR regulations, including permit requirements, occupancy limits, and other restrictions. Investors should check directly with the Town of Greenwood and the State of Maine for the most current rules before purchasing or listing a property. Maine's 9% lodging tax applies to all short-term rentals statewide.
When is peak season for Airbnb in Greenwood?
Greenwood experiences a distinctive dual-peak season. The winter peak runs from December through February, with February being the single strongest month at $4,893 in average revenue — likely driven by ski, snowmobile, and winter recreation visitors. The summer peak spans July through August, with August averaging $4,282. The slowest stretch is April through June, when average monthly revenue drops to $988–$1,419, making dynamic pricing and minimum-stay adjustments especially important during those months.
How many Airbnbs are there in Greenwood?
There are currently 35 active Airbnb listings in Greenwood, ME. The supply is concentrated among 2-bedroom (11 listings), 3-bedroom (10 listings), and 4-bedroom (6 listings) properties. Notably, the market has seen 76% year-over-year growth in active listings, indicating rising investor interest. Despite this growth, the overall supply remains small, which can benefit hosts through reduced direct competition.
How is Airbnb revenue calculated in Greenwood?
The annual and monthly revenue figures for Greenwood are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

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.

What this data includes

  • Regularly updated active Airbnb and STR listing counts, occupancy rates, and daily rate trends for Greenwood, ME
  • Revenue and yield metrics including RevPAN, monthly revenue, and annual revenue based on trailing 12-month booking performance
  • Property size breakdowns showing how listings of different bedroom counts perform across key metrics
  • Amenity prevalence data showing which features are most common among active listings
  • Home value data sourced from the Zillow Home Value Index (ZHVI) for investment cost context

Sources and disclaimers

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. Data reflects trailing 12-month historical averages and market conditions as of April 27, 2026; actual results may differ as conditions change. Local regulations, permit requirements, and tax obligations can change — investors should verify current rules with municipal and state authorities before purchasing.

Next Steps

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