ZIP 04071 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04071 in the Portland, ME FMR area.

Portland, ME

$1,430Efficiency
$1,6301 bedroom
$2,0602 bedrooms
$2,5403 bedrooms
$2,7404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,430$1,287$1,573$1,639
1 bedroom$1,630$1,467$1,793$1,864
2 bedrooms$2,060$1,854$2,266$2,353
3 bedrooms$2,540$2,286$2,794$2,902
4 bedrooms$2,740$2,466$3,014$3,092

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

Cumberland County, ME (part)

$1,430Efficiency
$1,6301 bedroom
$2,0602 bedrooms
$2,5403 bedrooms
$2,7404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,430$1,287$1,573$1,545
1 bedroom$1,630$1,467$1,793$1,561
2 bedrooms$2,060$1,854$2,266$1,941
3 bedrooms$2,540$2,286$2,794$2,425
4 bedrooms$2,740$2,466$3,014$3,244

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

Income in ZIP 04071

$95,770average adjusted gross income per tax return (2022)
$57,114average salaries and wages per return
2,760tax returns filed
26%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.2%
$25,000 to $50,00020.3%
$50,000 to $75,00015.2%
$75,000 to $100,00011.2%
$100,000 to $200,00021.7%
$200,000 or more8.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 7.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04071?

HUD's FY2027 Small Area FMRs for ZIP 04071 (Portland, ME) are $1,430 efficiency, $1,630 one bedroom, $2,060 two bedrooms, $2,540 three and $2,740 four bedrooms.

What payment standard can a housing authority set in ZIP 04071?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,854 to $2,266.

How affordable is rent in ZIP 04071?

Tax returns filed from ZIP 04071 reported an average adjusted gross income of $95,770 (2022). A two-bedroom unit at the Small Area FMR costs $24,720 a year, or 26% of that income.