In Gorham, a typical home is worth $506,000 and typical rent is $1,573 a month. Compared with all of Cumberland County, typical household income is 34% higher, the typical home value is 12% higher, and the share of households that own their home is 9 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $416,369 to $540,506.
Typical rent
$2,199a month
Typical rent from Zillow, June 2026 to September 2026: from $2,112 to $2,199.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Gorham is in Cumberland County. The FHA loan limit ($615,250 for a one-unit home), the fair market rents and the help on this page are those of all of Cumberland County. See the county
What this place has that others do not, from public data, most unusual first.
1
Gorham has the highest typical household income of the 34 cities in Maine with more than 5,000 people: $128,190.
2
Gorham has the 2nd highest typical home value of the 34 cities in Maine with more than 5,000 people ($506,000).
3
Nearby, in North Windham, the typical home value is $342,800: 32% less than in Gorham ($506,000).
4
Nearby, in North Windham, the typical rent is $1,248: 21% less than in Gorham ($1,573).
5
Gorham has the 3rd highest homeownership rate of the 34 cities in Maine with more than 5,000 people (79%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Gorham
What homes there are in Gorham, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Gorham
Cumberland County
Maine
United States
Kind of home: Gorham and its comparisons
Measure
Gorham
Cumberland County
Maine
United States
Detached house
77%
63%
70%
61%
Attached house
Unreliable estimate
5%
3%
6%
Building of 2 to 4
Unreliable estimate
13%
10%
8%
Apartments (5 or more)
Unreliable estimate
15%
9%
19%
Mobile home
Unreliable estimate
4%
8%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Gorham: 77% of homes, more than in Cumberland County (63%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Gorham
Cumberland County
Maine
United States
Year built: Gorham and its comparisons
Measure
Gorham
Cumberland County
Maine
United States
Before 1960
24%
35%
34%
26%
1960–1979
10%
20%
20%
24%
1980–1999
24%
23%
25%
25%
2000–2009
21%
12%
12%
14%
2010 or later
21%
10%
9%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K40%
$500K–$750K49%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Gorham and its comparisons
Measure
Gorham
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
40%
$500K–$750K
49%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Gorham and its comparisons
Measure
Gorham
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$2,340 a month
Cumberland County: $2,186 a month
Without a mortgage
$969 a month
Cumberland County: $840 a month
Owners with a mortgage
75%
Cumberland County: 63%
The typical cost for an owner with a mortgage in Gorham is $2,340 a month, more than in Cumberland County ($2,186); without one, $969.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Gorham+93%
Cumberland County+62%
Maine+56%
United States+53%
Typical rent
GorhamNo clear change
Cumberland County+41%
Maine+34%
United States+33%
Typical household income
Gorham+85%
Cumberland County+31%
Maine+29%
United States+29%
Change since 2015–2019: Gorham and its comparisons
Measure
Gorham
Cumberland County
Maine
United States
Typical home value
+93%
+62%
+56%
+53%
Typical rent
No clear change
+41%
+34%
+33%
Typical household income
+85%
+31%
+29%
+29%
From 2015–2019 to 2020–2024, the typical home value in Gorham rose 93%; in Cumberland County, it rose 62%.
Rent in Gorham moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Gorham and its comparisons
Measure
Gorham
Cumberland County
Maine
United States
Rental vacancy
Unreliable estimate
2.9%
4.2%
5.5%
Homeowner vacancy
Unreliable estimate
0.5%
0.7%
0.9%
More than one person per room
Unreliable estimate
1.1%
1.4%
3.4%
People per household
2.34
2.26
2.26
2.53
Drive alone
59%
64%
71%
69%
Carpool
Unreliable estimate
7%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
13%
6%
4%
3%
Work from home
20%
22%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
By size, households in Gorham look like those in Cumberland County: 2.34 people on average.
In Gorham, 13% of workers walk or bike to work; in Cumberland County, 6%.
Do the math
What would you pay each month for a home in Gorham?
A typical home costs more than the typical income allows
We start with a typical home in Gorham, worth $506,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Gorham, which is $128,190 a year. For that payment to be 28% of income, a household would need to earn about $181,848 a year.
The calculator's FHA and conventional loan limits are those of all of Cumberland County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Gorham. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $17,710 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,243
at 7.18% · 30 years
Loan amount
$496,835
Total interest
$714,829
Paid off in
November 2056
Includes $8,545 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,991 a month
Tight
$2,991 to $3,846 a month
Hard
more than $3,846 a month
Your payment · 40%
Compared with the typical household income in Gorham ($128,190 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,366
Property tax
$443
Home insurance
$211
FHA mortgage insurance (MIP)
$224
You need at least $17,710 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,243; principal and interest $3,366.
The city and its county
Gorham and Cumberland County
Gorham is in Cumberland County, Maine. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Gorham
Map of Cumberland County, Maine, with Gorham marked. Around it, the neighboring counties.
Gorham
Cumberland County
Other cities with a page
Gorham's own numbers
Typical home value
$506,000
Typical monthly rent
$1,573
Typical yearly household income
$128,190
Households that own their home
79%
Effective property tax rate
1.05%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Cumberland County
FHA limit, one-unit home
$615,250
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,941–$2,353
Price change over 5 years (FHFA)
+67%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cumberland County.
A typical home in Gorham is worth $506,000: 12% above the county and 71% above Maine. With the typical household income in Gorham ($128,190 a year), a typical home costs 3.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Gorham3.9 years
Cumberland4.7 years
Maine4.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Cumberland County
According to FHFA’s house price index, home prices in Cumberland County rose 116% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Cumberland County.
Yearly change in FHFA’s price index in Cumberland County, 2016 to 2025
2016: +4.0% +4.0% 2016
2017: +6.3% +6.3% 2017
2018: +6.4% +6.4% 2018
2019: +4.9% +4.9% 2019
2020: +4.9% +4.9% 2020
2021: +14.9% +14.9% 2021
2022: +18.8% +18.8% 2022
2023: +11.6% +11.6% 2023
2024: +5.5% +5.5% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Cumberland County, Maine and the United States
Period
County
Maine
U.S.
Last year (2025)
+4.1%
+4.7%
+2.9%
5 years (2020–2025)
+67%
+68%
+47%
10 years (2015–2025)
+116%
+112%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Gorham next to Cumberland County, Maine and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Gorham$506,000
Cumberland$451,200
Maine$296,600
United States$332,700
Typical monthly rent
Gorham$1,573
Cumberland$1,589
Maine$1,139
United States$1,413
Typical yearly household income
Gorham$128,190
Cumberland$95,677
Maine$74,733
United States$80,734
See the full table
Gorham next to Cumberland County and Maine
Measure
Gorham
Cumberland County
Maine
U.S.
Typical home value
$506,000 ▲12% above the county
$451,200
$296,600
$332,700
Typical monthly rent
$1,573
$1,589
$1,139
$1,413
Typical yearly household income
$128,190 ▲34% above the county
$95,677
$74,733
$80,734
Households that own their home
79% ▲9 points above the county
70%
74%
65%
Typical yearly property tax
$5,303 ▲13% above the county
$4,707
$3,036
$3,119
Effective property tax rate
1.05% ▲0.01 points above the county
1.04%
1.02%
0.94%
Renters with high rent for their income
59% ▲9 points above the county
50%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cumberland County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Gorham
For a typical $506,000 home in Gorham, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Gorham's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,243a month
Least cash to close
Down payment
$17,710
Cash to close
$32,890
Rate
7.18%
Mortgage insurance
FHA MIP · $224
Conventional, 5% down$4,150a month
Down payment
$25,300
Cash to close
$40,480
Rate
7.18%
Mortgage insurance
PMI · $240
Conventional, 20% down, no PMI$3,396a month
Down payment
$101,200
Cash to close
$116,380
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,864a month
Down payment
$75,900
Cash to close
$91,080
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Gorham
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,243
$17,710
$496,835
7.18%
FHA MIP · $224
$32,890
580
Conventional, 5% down
$4,150
$25,300
$480,700
7.18%
PMI · $240
$40,480
620*
Conventional, 20% down, no PMI
$3,396
$101,200
$404,800
7.18%
None
$116,380
620*
ITIN, 15% down (example)
$3,864
$75,900
$430,100
8.18%
None
$91,080
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Gorham is $1,573 a month: about the same as the county. In Gorham, 59% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for each area of Cumberland County; Gorham is in Portland, ME HUD Metro FMR Area. To pay the 2-bedroom one ($2,353 a month) without spending more than 30% of your income, you would need to earn $45.25 an hour working full time.
Fair market rent by size in Portland, ME HUD Metro FMR Area
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Portland, ME HUD Metro FMR Area (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,639
$31.52
$65,560
1 bedroom
$1,864
$35.85
$74,560
2 bedrooms
$2,353
$45.25
$94,120
3 bedrooms
$2,902
$55.81
$116,080
4 bedrooms
$3,092
$59.46
$123,680
HUD splits this county into 2 areas with different fair market rents: for 2 bedrooms they run from $1,941 to $2,353. The table by area, below, shows which one each town is in.
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
Fair market rent by HUD area in Cumberland County
HUD splits this county into 2 areas, each with its own fair market rent. Find your town in its area's list; the housing agency tells you which one it uses for your voucher.
Fair market rent by HUD area in Cumberland County
HUD area
Studio
1 bd
2 bd
3 bd
4 bd
Hourly wage, 2 bd
Portland, ME HUD Metro FMR AreaThe area where most people liveGorham is in this area19 towns in this area
Cape Elizabeth town, Casco town, Chebeague Island town, Cumberland town, Falmouth town, Freeport town, Frye Island town, Gorham town, Gray town, Long Island town, North Yarmouth town, Portland city, Raymond town, Scarborough town, South Portland city, Standish town, Westbrook city, Windham town, Yarmouth town
$1,639
$1,864
$2,353
$2,902
$3,092
$45.25
Cumberland County, ME (part) HUD Metro FMR Area9 towns in this area
Baldwin town, Bridgton town, Brunswick town, Harpswell town, Harrison town, Naples town, New Gloucester town, Pownal town, Sebago town
$1,545
$1,561
$1,941
$2,425
$3,244
$37.33
HUD fair market rent by area and size, per month, Fiscal year 2027. The wage is what full-time work must pay to rent 2 bedrooms without spending more than 30% of income. Source: HUD, Fiscal year 2027Source: Fair Market Rents (HUD)Fiscal year 2027Fair Market Rents (HUD) (external site)
By ZIP code
Fair market rent by ZIP code in Gorham
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Gorham is in ZIP code 04038.
For 2 bedrooms it is $2,210.
Fair market rent by ZIP code and size in Gorham, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
04038
$1,540
$1,750
$2,210
$2,730
$2,900
ZIP code2 bd3 bd
04038 $2,210$2,730
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Gorham when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Cumberland County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Gorham or Cumberland County. The ones below are statewide in Maine: they work in Gorham the same as in the rest of the state.
With the Maine state agency's First Home mortgage, the buyer gets $5,000 for the down payment and closing costs (up to $14,000 for 2- to 4-unit homes), with no second mortgage.Offered by MaineHousing.
Maine state agency mortgage with a rate 1% lower than its First Home mortgage and a $10,000 grant for the down payment and closing costs, with no second mortgage; for people who have never owned a home and never lived in a home their parents or guardians owned, or who were in foster care.Offered by MaineHousing.
No legal help resource on our list is for Gorham or Cumberland County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Gorham and all of Cumberland County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Gorham?
The typical home value in Gorham is $506,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cumberland County it is $451,200.
How much does it cost to rent in Gorham?
Typical rent in Gorham is $1,573 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cumberland County is $1,941–$2,353.
What is the FHA loan limit in Gorham?
Gorham uses the FHA limit for all of Cumberland County (2026): $615,250 for a one-unit home and $1,183,200 for a four-unit home.
How much property tax do owners pay in Gorham?
The typical homeowner in Gorham pays $5,303 a year, according to the U.S. Census Bureau. That is 1.05% of the home’s value; in Cumberland County, the rate is 1.04%.
Where can I find free help to buy or rent in Gorham?
There are 2 HUD-approved counseling agencies with an office in Cumberland County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
