HousingHandbookReference data

U.S. ZIP Code · ME04046

York County · Portland-South Portland, ME

Typical home value

$767,442[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.1%
5-year / yr
+6.2%
10-year / yr
+7.5%

Relative price

vs U.S.
+170.2%
vs metro
+51.7%
vs state
+127.0%
ZIP 04046 location in ME
Location of ZIP 04046 in ME

Price history

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

The typical home in 04046 is worth $767,442 — 51.7% above the Portland-South Portland, ME median. Over the past year, values have risen 0.1%. Homes here rent for a typical $2,650 a month — a 4.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$2,650[2]
Gross yield
4.1%[2]
Cap rate
2.5%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$4,786[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
8,102[3]
Median household income
$102,529[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
2
Middle
0
High
0
  • Mildred L Day School

    Elementary · Grades K–5 · RSU 21

    215 students

  • Kennebunkport Consolidated Sch

    Elementary · Grades K–5 · RSU 21

    192 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 yield4.1%
Net yield (after ~40% expenses)2.5%
Annual rent$31,800

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$3,881
Loan principal$613,954
Down payment$153,488
Total interest paid$783,064

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 ratio1.86
Monthly cost to own$4,917
Monthly rent$2,650

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
42nd percentile[1]
Rental yield
16th percentile[2]
Property tax
3rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 04046?
The typical home in 04046 is worth $767,442, based on the Zillow Home Value Index.
Are home values rising in 04046?
Home values in 04046 are up 0.1% over the past year, and up 6.2% a year over five years.
What is the typical rent in 04046?
A typical home in 04046 rents for about $2,650 a month, a gross rental yield of 4.1%.
What is the property tax rate in 04046?
The effective property tax rate in 04046 is 0.6% — roughly $4,786 a year on a typical home.
Who lives in 04046?
ZIP code 04046 has a population of 8,102 and a median household income of $102,529.

#Comparable ZIPs

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

  • Cape Neddick CDP, ME

    Typical home
    $772,993
    Gross yield
  • Cape Neddick CDP, ME

    Typical home
    $760,181
    Gross yield
    3.2%
  • Yarmouth CDP, ME

    Typical home
    $759,043
    Gross yield
    3.8%
  • Portland, ME

    Typical home
    $722,881
    Gross yield
  • ME

    Typical home
    $716,712
    Gross yield
  • ME

    Typical home
    $713,082
    Gross yield

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