ZIP 04039 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04039 in the Portland, ME FMR area.

Portland, ME

$1,460Efficiency
$1,6601 bedroom
$2,1002 bedrooms
$2,5903 bedrooms
$2,7604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,460$1,314$1,606$1,639
1 bedroom$1,660$1,494$1,826$1,864
2 bedrooms$2,100$1,890$2,310$2,353
3 bedrooms$2,590$2,331$2,849$2,902
4 bedrooms$2,760$2,484$3,036$3,092

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

Cumberland County, ME (part)

$1,460Efficiency
$1,6601 bedroom
$2,1002 bedrooms
$2,5903 bedrooms
$2,7604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,460$1,314$1,606$1,545
1 bedroom$1,660$1,494$1,826$1,561
2 bedrooms$2,100$1,890$2,310$1,941
3 bedrooms$2,590$2,331$2,849$2,425
4 bedrooms$2,760$2,484$3,036$3,244

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

Income in ZIP 04039

$79,719average adjusted gross income per tax return (2022)
$60,387average salaries and wages per return
4,510tax returns filed
32%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.5%
$25,000 to $50,00021.7%
$50,000 to $75,00017.7%
$75,000 to $100,00012.0%
$100,000 to $200,00021.3%
$200,000 or more5.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04039?

HUD's FY2027 Small Area FMRs for ZIP 04039 (Portland, ME) are $1,460 efficiency, $1,660 one bedroom, $2,100 two bedrooms, $2,590 three and $2,760 four bedrooms.

What payment standard can a housing authority set in ZIP 04039?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,890 to $2,310.

How affordable is rent in ZIP 04039?

Tax returns filed from ZIP 04039 reported an average adjusted gross income of $79,719 (2022). A two-bedroom unit at the Small Area FMR costs $25,200 a year, or 32% of that income.