Old Town, Maine Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Old Town Short-Term Rental Regulations
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Short Term City Rating7.3
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Competition
9.6 -
Real Estate Cost
8.8 -
STR Regulations
N/A -
Seasonality
5.3 -
Rental Rates
5.4
Old Town, Maine Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 7,431
- STR License Required
- No
- Tourist Season
- County
- Penobscot
- Airports
- Bangor International Airport (BGR)
- Portland International Jetport (PWM)
Want to learn more about Old Town?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Old Town rental analytics guide if you're interested in data on the Old Town rental market.
Review the popular activities that hosts include in their property positing in Old Town.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Old Town guests.
Interested in other Maine cities?
Check out the Maine Airbnb rules directory
What makes Old Town a great place to invest?
- Historic Charm: Old Town, Maine, is a treasure trove of history and culture, with beautifully preserved Victorian-era buildings lining the streets. Visitors can take guided walking tours through the historic district, where they'll learn about the town's rich heritage and marvel at the stunning architecture from the 19th and early 20th centuries.
- Penobscot River Adventures: The majestic Penobscot River runs through Old Town, providing ample opportunities for water-based recreation. Visitors can enjoy kayaking, canoeing, fishing, or simply strolling along the scenic riverbanks. Boat tours are also available, showcasing the picturesque beauty of the surrounding forests and wildlife.
- Sunkhaze Meadows National Wildlife Refuge: This beautiful 11,000-acre refuge is just a short drive from Old Town and offers an array of outdoor activities. Hiking trails, birdwatching, and wildlife photography are popular activities here, with visitors likely to spot white-tailed deer, beavers, and a variety of migratory birds. The refuge is a vital habitat for many species, making it an important destination for nature enthusiasts.
- Local Arts and Crafts Scene: Old Town's thriving arts community is an attraction in itself. Visitors can explore numerous galleries, studios, and craft shops showcasing the work of talented local artisans. The town's regular art walks and events provide an excellent opportunity to meet the artists, purchase unique souvenirs, and support the local creative economy.
- Culinary Delights: Foodies visiting Old Town will be delighted by the range of dining options available, from cozy cafes to elegant fine-dining establishments. The town's gastronomic scene is characterized by its emphasis on locally sourced ingredients, showcasing the best of Maine's farm-to-table culture. Be sure to sample some delicious Maine lobster and other fresh seafood during your visit.
- Outdoor Recreation: The natural beauty surrounding Old Town makes it an ideal destination for outdoor enthusiasts. Hiking and biking trails abound, with options for all skill levels. In the winter, visitors can take advantage of the nearby ski slopes, snowshoeing trails, and ice-skating rinks. The town's numerous parks, including the enchanting Hirundo Wildlife Refuge, provide additional opportunities for picnicking, birdwatching, and simply enjoying the great outdoors.
Old Town Nearby Cities
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43 miles away
- Rating: 4.6
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52 miles away
- Rating: 4.5
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Local Real Estate
How expensive is the real estate in Old Town?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Old Town has increased 9% over the past year, and the average price per square foot is $162, which is lower than the national average.
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Median Sale Price
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$254,091
9% YoY
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Median per Square Foot
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$162
10% YoY
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Average Monthly Rent
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$1,542
1% YoY
The most common terms hosts include in their listings for Old Town, Maine
Common terms for Old Town short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Old Town has a description approximately 1,064 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 83 listings in Old Town, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Maine, Beautiful, Bangor, Cottage, Kayak, Orono, University, Lake, Quiet, and Upstairs.
What are the most popular tourist activities in Old Town?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Old Town involve Swimming, Hiking, Adventure Activities, Rural, and Casinos. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Swimming
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Hiking
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Adventure Activities
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Rural
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Casinos
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Paddle Boating
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Ice Skating
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Hunting
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Cycling
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Wildlife Viewing
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Water Skiing
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Snow Skiing
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Old Town, including Cross Insurance Center, Darling's Waterfront Pavilion, University of Maine, Bangor Mall, and Stephen King's House. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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University of Maine
Included on nearly all listings
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Regional Landmark
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Bangor Mall
Included on nearly all listings
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Regional Landmark
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Eastern Maine Medical Center
Included on nearly all listings
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Local Landmark
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Husson University
Included on nearly all listings
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Regional Landmark
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Stephen King's House
Included on most listings
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Regional Landmark
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Cross Insurance Center
Included on 88% of listings
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Regional Landmark
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Darling's Waterfront Pavilion
Included on 88% of listings
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Regional Landmark
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Hollywood Casino at Bangor
Included on 88% of listings
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Regional Landmark
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Bangor Waterfront Pavilion
Included on 56% of listings
What’s the weather like in Old Town, Maine?
The weather is generally milder than the national average, with an average high temperature of around 54°, while the average low is about 36°. The rainfall is a bit heavier, averaging about 34 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 53 inches per year. The humidity levels in Old Town are generally lower than the national average, and the city tends to be a bit cloudy for most of the year.
Winter
December through February
14° Low 31° High
Spring
March through May
34° Low 53° High
Summer
June through August
57° Low 77° High
Fall
September through November
40° Low 57° High
Cities Near Old Town
Old Town, Maine, is located in Penobscot County. Some cities that are located nearby include:
