Rental market · ZIP 04489 · Old Town, ME

ZIP 04489, Old Town, ME rental market

Population 214 · Old Town, Penobscot County, ME · ZIP Code Tabulation Area

Profile · ACS 2024 5-year

Not ranked

Population is 214 (below the 500 floor for ranking), so survey estimates are too noisy to rank reliably.

It stays searchable; available government estimates remain below (data tier: Profile).

Key metrics

214
Population

±160 ±73% wide

$262,500
Median home value (ACS, owner-reported)

±$38,000 ±14.5% moderate

0.0%
Rental vacancy

Derived from ACS estimates: no published margin of error

23.6%
Renter share

Derived from ACS estimates: no published margin of error

1.1%
Estimated property-tax burden

Derived from ACS estimates: no published margin of error

1938
Median year built

Direct ACS estimate: the Census Bureau publishes no margin of error for it

0.0%
Multifamily (5+ units)

Derived from ACS estimates: no published margin of error

Data vintage: ACS 2024 5-year. Of the 7 figures above, 2 carry the Census Bureau's published 90% margin of error, printed on the card in the figure's own units and as a share of the estimate; 4 are ratios derived from those estimates, which the Census Bureau publishes no margin for; and 1 is a direct ACS estimate the Census Bureau publishes no margin of error for. The bar and the band word restate that printed share in three bands: tight under ±10%, moderate ±10% to ±25%, wide ±25% and over. A median year built is given a margin in years only, because a margin stated as a share of a year number would not mean anything; the bar is full at ±40%. A wider margin does not make an area worse, only less precisely measured.

Market context

Trend context

Loading home value context…

View source data

Each point is one ACS 5-year estimate on the same 2020-Census ZCTA boundary. Adjacent releases overlap, so the release-to-release differences are not independent annual market movement.

ACS estimates by release; ± is the margin of error.
Series2017–20212018–20222019–20232020–2024
Median home value B25077$149,700 ±$137,760$173,300 ±$81,326$229,200 ±$90,607$262,500 ±$37,948
Median gross rent B25064$1,553 ±$1,382$1,242 ±$619$1,403 ±$383—
Population B01003296 ±169327 ±184366 ±202214 ±157

ACS 2021 release

2017-2021 five-year estimate

Median home value B25077
$149,700Margin of error ±$137,760
Median gross rent B25064
$1,553Margin of error ±$1,382
Population B01003
296Margin of error ±169

ACS 2022 release

2018-2022 five-year estimate

Median home value B25077
$173,300Margin of error ±$81,326
Median gross rent B25064
$1,242Margin of error ±$619
Population B01003
327Margin of error ±184

ACS 2023 release

2019-2023 five-year estimate

Median home value B25077
$229,200Margin of error ±$90,607
Median gross rent B25064
$1,403Margin of error ±$383
Population B01003
366Margin of error ±202

ACS 2024 release

2020-2024 five-year estimate

Median home value B25077
$262,500Margin of error ±$37,948
Median gross rent B25064
—Margin of error not available
Population B01003
214Margin of error ±157

Source: U.S. Census Bureau, American Community Survey 5-year, table-based Summary File (ZCTA geography); tables B25077 (median value), B25064 (median gross rent), and B01003 (population); estimate + margin of error. Missing releases remain gaps and are never interpolated. Home value is owner-reported; gross rent describes renter housing stock; population is a ZCTA estimate. Dollar figures are nominal.

Underwrite with these as starting points

Opening a calculator pre-loads the ACS median owner value as a survey-level starting point; every calculator input is editable. Owner-occupied median value and renter median gross rent describe different housing stock: the median-valued home is not the typical rental, so this is a screen, not a listing, appraisal, asking rent, cap rate, or forecast. Bring your own entry price and rent.

ZIP Codes bordering 04489

2 ZIP Code areas share a land boundary with 04489 in the official Census 2020 ZCTA map, ordered by shared-boundary length, not ZIP-number proximity or driving distance. 2 of them are in CE’s ranked set and are listed below, each with its own Rental Investor ZIP Score, grade and national rank, read from the same published dataset as this page. The rest are counted here and searchable from the ZIP Code explorer. A neighbour’s score is a score for that area, never for 04489, and this list is ordered by border length, so it is not a ranking and no neighbour is called best.

Evidence, sources & limitations

Official geography: Old Town city, Penobscot County. Analytical entity: the U.S. Census ZIP Code Tabulation Area (ZCTA) 04489, an approximation of the USPS ZIP delivery area, not its exact route boundaries. Model z3-measured-v1; data ACS 2024 5-year.

This ZIP Code area is primarily in Penobscot County, overlapping Old Town, by land-area overlap from the official Census 2020 ZCTA relationship files (not population or address share).

Populationsurvey ACS B01003 · ±73% margin of error
Median home value (ACS, owner-reported)survey ACS B25077 · ±14.5% margin of error
Rental vacancyderived ACS B25004 E002 / (B25003 E003 + B25004 E002) · no published margin of error
Renter sharederived ACS B25003 E003/E001 · no published margin of error
Estimated property-tax burdenderived ACS B25103 / B25077 · no published margin of error
Median year builtsurvey ACS B25035 · no published margin of error
Multifamily (5+ units)derived ACS B25024 (5+ unit structures / total) · no published margin of error

Class: survey = ACS estimate (with margin of error); derived = computed from ACS. The survey gross-rent yield is a proxy (renter gross rent vs owner-occupied value, different housing stock; ACS top-codes very high values/rents) and is not a cap rate. Subscores are national percentiles among data-eligible areas; ranks are competition-ranked with deterministic ties. No vendor, listing, parcel, or school data. Not investment advice.