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

Norway Short-Term Rental Market Overview

Norway, ME stands out as a compelling short-term rental market with an ROI score of 83 out of 100, reflecting above-average revenue-to-price dynamics and solid market growth. With just 27 active Airbnb listings, the market remains small and relatively uncrowded, offering investors the chance to capture meaningful share. Average annual revenue sits at $48,108 against average home values of $492,219, and the area's lakefront appeal and seasonal outdoor recreation drive distinct demand peaks across both winter and summer months.

Key Market Statistics

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

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

Why Investors Consider Norway

Norway's combination of affordable entry relative to revenue potential, low competition with only 27 active listings, and year-round seasonal demand makes it an attractive market for STR investors seeking above-average returns in a small-town setting.

Expert Market Assessment

"Norway presents a standout investment opportunity driven by favorable revenue-to-price fundamentals and a small, manageable competitive landscape. The market exhibits pronounced seasonality with twin revenue peaks — February at $7,143 and August at $6,245 — bookended by softer months like April and May where revenue dips below $2,000. Occupancy at 28% trails the 55% Maine state average, but this is partly a function of the market's seasonal character and the prevalence of larger properties that command higher nightly rates. Investors who price strategically around peak periods and invest in amenities like lake access and hot tubs can meaningfully outperform market averages."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Norway

Average revenue by month in Norway

Norway's revenue pattern reveals a distinctive dual-peak seasonality, with February ($7,143) and August ($6,245) delivering the strongest months, while April ($1,851) and May ($1,445) represent the quietest periods — a roughly 5x spread from peak to trough. Winter months from December through March are collectively strong, making this a market where year-round hosting through both ski and lake seasons can meaningfully boost annual returns.

Active Airbnb listings by property size in Norway

One-bedroom units dominate supply with 9 of 27 listings, while 2-bedroom, 3-bedroom, and 4-bedroom properties are more evenly distributed at 5–6 each. The relative scarcity of larger properties, combined with their higher revenue potential, could signal an opportunity for investors targeting 2- or 4-bedroom configurations.

Average daily rate (ADR) by property size in Norway

ADR climbs from $208 for 1-bedroom units to $404 for 4-bedroom properties, though 3-bedrooms ($319) actually price below 2-bedrooms ($361), suggesting that the premium-to-size relationship isn't perfectly linear. The jump from 1-bedroom to 2-bedroom ADR — nearly $153 — represents the largest incremental gain, making the step up to a 2-bedroom especially worthwhile from a rate perspective.

Average RevPAN by property size in Norway

Four-bedroom properties lead RevPAN at $135 per available night, followed by 2-bedrooms at $110, while 3-bedrooms lag at just $67 despite a higher ADR than 1-bedrooms ($52). This suggests that 4-bedroom and 2-bedroom configurations deliver the strongest revenue efficiency, combining solid rates with better occupancy to maximize income per night of availability.

Average occupancy rates by property size in Norway

Occupancy is tightest for 4-bedroom (33%) and 2-bedroom (31%) properties, while 3-bedrooms trail at just 21% and 1-bedrooms sit at 25%. The relatively weak 3-bedroom occupancy, despite moderate ADR, suggests potential pricing or positioning challenges in that segment, whereas 4-bedroom properties appear to attract the most consistent bookings.

Average monthly revenue by property size in Norway

Two-bedroom properties are the clear monthly revenue leaders at $7,599 — more than four times what 1-bedroom units generate ($1,752) and notably higher than both 3-bedroom ($5,063) and 4-bedroom ($5,720) configurations. This outsized performance from 2-bedrooms, driven by their strong combination of ADR and occupancy, makes them the most productive property type in the market on a per-unit basis.

Average annual revenue by property size in Norway

At $91,193 per year, 2-bedroom properties generate nearly 4.3 times the annual revenue of 1-bedrooms ($21,030) and meaningfully outpace both 4-bedrooms ($68,640) and 3-bedrooms ($60,762). For investors focused on maximizing annual return potential, the 2-bedroom segment offers the strongest revenue case in Norway's current market.

Most common amenities for Airbnb listings in Norway

Parking (96%) and kitchen access (93%) are near-universal, reflecting the rural, self-service nature of stays in Norway. Outdoor-focused amenities like backyards (82%), outdoor furniture (70%), and BBQ grills (70%) are also highly prevalent, while lake access (41%) and waterfront positioning (30%) represent differentiating features that can command premium pricing in a market built around natural recreation.

Understanding Norway's ROI Score: 83/100

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

What This Means for Investors

With an ROI score of 83 out of 100, Norway, ME falls into the 'Standout Opportunity' tier, reflecting above-average revenue-to-price dynamics and market growth trends that position it ahead of many competing markets. Occupancy stability and supply/demand balance score as average, which is expected in a seasonal, small-inventory market — but the strong income potential relative to home prices is what sets it apart. Investors should pair these data-driven insights with thorough local regulatory research and property-level due diligence to confirm the opportunity aligns with their investment goals.

Short-Term Rental Regulations in Norway

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

Permit Requirements

Short-term rental operators in Norway, Maine may need to register with the town and comply with state-level lodging requirements. Investors should verify current permit or registration obligations with both the Town of Norway and the State of Maine before listing a property.

Key Restrictions

Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum safety standards such as fire and carbon monoxide detection. Some properties may also be subject to HOA rules or deed restrictions that limit or prohibit short-term rentals, so it's important to review all applicable covenants before purchasing.

Tax Obligations

Maine imposes a lodging tax on short-term rentals, and hosts are generally responsible for collecting and remitting this tax, though platforms like Airbnb often handle collection automatically. Investors should also confirm whether any local taxes or fees apply in Norway and ensure they're registered with the Maine Revenue Services.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Norway's STR market is expected to continue benefiting from dual-season demand — winter skiing and snowmobiling alongside summer lake activities — which should keep revenue spread across more months than a single-peak market. With listing supply growing 86% year-over-year, occupancy rates (currently at 28%) may face modest pressure, though above-average market growth trends suggest demand is keeping pace. Investors can reasonably expect ADR to hold steady in the $320–$340 range, with RevPAN potentially improving slightly as the market matures and hosts optimize pricing strategies. Seasonal revenue peaks in February and August point to opportunities for dynamic pricing that captures premium rates during high-demand windows."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Norway, ME

What is the average Airbnb occupancy rate in Norway?

The average occupancy rate for Airbnb listings in Norway, ME is currently 28%, which is below the Maine state average of 55%. This reflects the market's seasonal nature, with demand concentrated around winter recreation and summer lake activities. Occupancy varies by property size, with 4-bedroom homes achieving the highest rate at 33% and 3-bedroom homes at 21%. Hosts who optimize pricing and target peak seasons can often achieve occupancy above the market average.

How much do Airbnb hosts make in Norway?

Based on trailing 12-month data, the average Airbnb host in Norway, ME earns approximately $4,009 per month or $48,108 per year. Earnings vary significantly by property size — 2-bedroom properties lead with an average annual revenue of $91,193, while 1-bedroom units average $21,030 per year. Revenue peaks in February ($7,143) and August ($6,245), with slower months like May bringing in around $1,445.

Is Norway a good market for Airbnb investment?

Norway, ME earns an ROI score of 83 out of 100 from Rabbu, placing it in the 'Standout Opportunity' category. The market benefits from an above-average revenue-to-price ratio, meaning the income potential relative to property costs is favorable compared to many other markets. With only 27 active listings, competition is limited, and dual-season demand from winter sports and summer lake recreation provides multiple revenue windows. That said, occupancy is seasonal, so investors should plan for softer months and price dynamically to maximize returns.

What is the average daily rate (ADR) for Airbnb in Norway?

The average daily rate for Airbnb listings in Norway, ME is $328, which is below the Maine state average of $415. ADR scales with property size: 1-bedroom units average $208, 2-bedrooms average $361, 3-bedrooms average $319, and 4-bedroom properties command the highest ADR at $404. The lower-than-state-average ADR reflects the rural market positioning, but it also means there may be room for well-appointed properties to achieve above-market rates.

Are short-term rentals legal in Norway?

Short-term rentals are generally permitted in Norway, Maine, though operators should verify current local regulations, including any registration or permit requirements with the Town of Norway. The State of Maine also has lodging requirements and tax obligations that apply to STR operators. Regulations can change, so it's advisable to check with local authorities and review any HOA or deed restrictions before purchasing a property for short-term rental use.

When is peak season for Airbnb in Norway?

Norway, ME experiences two distinct peak seasons. The winter peak runs from December through March, with February being the strongest month at $7,143 in average revenue — likely driven by skiing and winter recreation. The summer peak centers on July and August, with August averaging $6,245 in revenue as guests flock to area lakes. The shoulder months of April and May represent the softest period, with revenue dropping to $1,851 and $1,445 respectively.

How many Airbnbs are there in Norway?

As of April 2026, there are 27 active Airbnb listings in Norway, ME. The supply is distributed across property sizes: 9 one-bedroom listings, 6 two-bedroom listings, 6 three-bedroom listings, and 5 four-bedroom listings. Notably, listing supply has grown 86% year-over-year, suggesting increasing investor interest in the market, though the total count remains quite small.

How is Airbnb revenue calculated in Norway?

The annual and monthly revenue figures for Norway, ME 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. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results 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 for Norway, ME and surrounding areas
• Occupancy rates, average daily rates, and revenue per available night tracked over time
• Monthly and annual revenue metrics based on trailing 12-month booking performance
• Property size breakdowns for listings, rates, occupancy, and revenue
• Data compiled from Rabbu proprietary analytics and Zillow Home Value Index (ZHVI)

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. Local regulations and tax requirements may change; investors should verify current rules with Norway, ME municipal authorities and the State of Maine before purchasing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.