Market Snapshot
Cape Elizabeth, Cumberland County, ME is a city market with a median home price of $834,540, a median monthly rent of $2,499, a GRM of 28.0x, and a price-to-rent ratio of 27.8.
Cape Elizabeth, Cumberland County, ME
Median Home Price Price
$834,540 $834.5K
Median Monthly Rent Rent
$2,499 $2.5K
28.0x
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Comparable Markets
Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Cumberland
No same-county alternatives are available for this market yet.
Within ME
Investment mode
More markets to explore
High confidence
Price
$187.2K
Rent
$539
GRM
29.0x
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Price
$1.7M
Rent
$2.6K
GRM
53.0x
High confidence
Price
$187.2K
Rent
$539
GRM
29.0x
High confidence
Price
$187.2K
Rent
$539
GRM
29.0x
High confidence
Price
$187.2K
Rent
$539
GRM
29.0x
High confidence
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Price
$393.4K
Rent
$1.8K
GRM
18.0x
High confidence
High confidence
High confidence
High confidence
Explore the data
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Cape Elizabeth
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Benchmark comparison
Rent in Cape Elizabeth, ME is 363.6% higher than Phillips, ME.
Compare to
Phillips, ME
Cape Elizabeth, ME
Phillips, ME
Delta
Median rent
$2,499
$539
-$1,960
Median price
$834,540
$187,189
-$647,351
YoY change
+$121
+$22
-$99
Price-to-rent
27.8x
28.9x
+1.1x
Key takeaways
- Cape Elizabeth, Cumberland County, ME has a higher-grm screening profile: At 28.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $121 year over year.
- Rent in Cape Elizabeth, ME is 363.6% higher than Phillips, ME.