HousingHandbookReference data

U.S. ZIP Code · ME03904

York County · Portland-South Portland, ME

Typical home value

$646,721[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+6.3%
10-year / yr
+8.6%

Relative price

vs U.S.
+127.7%
vs metro
+27.8%
vs state
+91.3%
ZIP 03904 location in ME
Location of ZIP 03904 in ME

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 03904 is worth $646,721 — 27.8% above the Portland-South Portland, ME median. Over the past year, values have risen 3.8%. Homes here rent for a typical $2,469 a month — a 4.6% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,469[2]
Gross yield
4.6%[2]
Cap rate
2.7%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$6,199[3]

#Climate risk

FEMA National Risk Index ratings for York County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Relatively High
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
8,389[3]
Median household income
$85,084[3]

#Migration

Household moves in and out of York County over a year, from IRS tax-return data.

Net migration
+845[5]
Moved in
6,644
Moved out
5,799

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
0
Middle
1
High
1
  • Shapleigh School

    Middle · Grades 4–8 · Kittery Public Schools

    378 students

  • Robert W Traip Academy

    High · Grades 9–12 · Kittery Public Schools

    296 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.6%
Net yield (after ~40% expenses)2.7%
Annual rent$29,632

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,270
Loan principal$517,377
Down payment$129,344
Total interest paid$659,886

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.75
Monthly cost to own$4,326
Monthly rent$2,469

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
50th percentile[1]
Rental yield
37th percentile[2]
Property tax
54th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 03904?
The typical home in 03904 is worth $646,721, based on the Zillow Home Value Index.
Are home values rising in 03904?
Home values in 03904 are up 3.8% over the past year, and up 6.3% a year over five years.
What is the typical rent in 03904?
A typical home in 03904 rents for about $2,469 a month, a gross rental yield of 4.6%.
What is the property tax rate in 03904?
The effective property tax rate in 03904 is 1.0% — roughly $6,199 a year on a typical home.
Who lives in 03904?
ZIP code 03904 has a population of 8,389 and a median household income of $85,084.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Portland, ME

    Typical home
    $655,682
    Gross yield
    4.2%
  • ME

    Typical home
    $637,139
    Gross yield
  • ME

    Typical home
    $636,465
    Gross yield
  • Kennebunk CDP, ME

    Typical home
    $622,836
    Gross yield
  • South Eliot CDP, ME

    Typical home
    $612,924
    Gross yield
  • Freeport CDP, ME

    Typical home
    $683,592
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 03904 against any other ZIP — full side-by-side table.

Compare 03904

#Jump to section