ZIP 04449 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04449 in the Penobscot County, ME (part) FMR area.

$1,500Efficiency
$1,6501 bedroom
$2,1602 bedrooms
$2,9403 bedrooms
$3,0304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,500$1,350$1,650$1,042
1 bedroom$1,650$1,485$1,815$1,144
2 bedrooms$2,160$1,944$2,376$1,496
3 bedrooms$2,940$2,646$3,234$2,039
4 bedrooms$3,030$2,727$3,333$2,096

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

Income in ZIP 04449

$56,579average adjusted gross income per tax return (2022)
$43,774average salaries and wages per return
700tax returns filed
46%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.1%
$25,000 to $50,00030.0%
$50,000 to $75,00017.1%
$75,000 to $100,00010.0%
$100,000 to $200,00015.7%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04449?

HUD's FY2027 Small Area FMRs for ZIP 04449 (Penobscot County, ME (part)) are $1,500 efficiency, $1,650 one bedroom, $2,160 two bedrooms, $2,940 three and $3,030 four bedrooms.

What payment standard can a housing authority set in ZIP 04449?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,944 to $2,376.

How affordable is rent in ZIP 04449?

Tax returns filed from ZIP 04449 reported an average adjusted gross income of $56,579 (2022). A two-bedroom unit at the Small Area FMR costs $25,920 a year, or 46% of that income.