ZIP 04001 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04001 in the York County, ME (part) FMR area.

$1,160Efficiency
$1,2801 bedroom
$1,5502 bedrooms
$2,0903 bedrooms
$2,3504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,160$1,044$1,276$1,352
1 bedroom$1,280$1,152$1,408$1,500
2 bedrooms$1,550$1,395$1,705$1,792
3 bedrooms$2,090$1,881$2,299$2,464
4 bedrooms$2,350$2,115$2,585$2,773

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 04001

$77,728average adjusted gross income per tax return (2022)
$49,005average salaries and wages per return
1,380tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.2%
$25,000 to $50,00021.7%
$50,000 to $75,00017.4%
$75,000 to $100,00013.0%
$100,000 to $200,00020.3%
$200,000 or more4.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04001?

HUD's FY2027 Small Area FMRs for ZIP 04001 (York County, ME (part)) are $1,160 efficiency, $1,280 one bedroom, $1,550 two bedrooms, $2,090 three and $2,350 four bedrooms.

What payment standard can a housing authority set in ZIP 04001?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,395 to $1,705.

How affordable is rent in ZIP 04001?

Tax returns filed from ZIP 04001 reported an average adjusted gross income of $77,728 (2022). A two-bedroom unit at the Small Area FMR costs $18,600 a year, or 24% of that income.