HousingHandbookReference data

U.S. ZIP Code · ME04105

Cumberland County · Portland-South Portland, ME

Typical home value

$899,068[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+7.2%
10-year / yr
+7.7%

Relative price

vs U.S.
+216.5%
vs metro
+77.7%
vs state
+165.9%
ZIP 04105 location in ME
Location of ZIP 04105 in ME

Price history

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

The typical home in 04105 is worth $899,068 — 77.7% above the Portland-South Portland, ME median. Over the past year, values have risen 2.7%. Homes here rent for a typical $3,425 a month — a 4.6% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$3,425[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
0.9%[3]
Typical annual tax
$8,294[3]

#Climate risk

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

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

#Who lives here

Population
12,755[3]
Median household income
$150,919[3]

#Migration

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

Net migration
+466[5]
Moved in
9,440
Moved out
8,974

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • Falmouth Elementary School

    Elementary · Grades PK–5 · Falmouth Public Schools

    874 students

  • Falmouth High School

    High · Grades 9–12 · Falmouth Public Schools

    698 students

  • Falmouth Middle School

    Middle · Grades 6–8 · Falmouth Public Schools

    415 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$41,100

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$4,546
Loan principal$719,254
Down payment$179,814
Total interest paid$917,369

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$5,985
Monthly rent$3,425

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
89th percentile[1]
Rental yield
32nd percentile[2]
Property tax
47th percentile[3]

Frequently asked

How much is a home worth in ZIP code 04105?
The typical home in 04105 is worth $899,068, based on the Zillow Home Value Index.
Are home values rising in 04105?
Home values in 04105 are up 2.7% over the past year, and up 7.2% a year over five years.
What is the typical rent in 04105?
A typical home in 04105 rents for about $3,425 a month, a gross rental yield of 4.6%.
What is the property tax rate in 04105?
The effective property tax rate in 04105 is 0.9% — roughly $8,294 a year on a typical home.
Who lives in 04105?
ZIP code 04105 has a population of 12,755 and a median household income of $150,919.

#Comparable ZIPs

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

  • South Portland, ME

    Typical home
    $888,848
    Gross yield
    3.4%
  • ME

    Typical home
    $916,576
    Gross yield
  • Portland, ME

    Typical home
    $837,311
    Gross yield
  • Kittery Point CDP, ME

    Typical home
    $835,222
    Gross yield
  • ME

    Typical home
    $827,253
    Gross yield
  • ME

    Typical home
    $980,830
    Gross yield

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