ZIP 04460 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04460 in the Bangor, ME FMR area.

Bangor, ME

$1,120Efficiency
$1,1901 bedroom
$1,5002 bedrooms
$1,9203 bedrooms
$2,0204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,120$1,008$1,232$1,305
1 bedroom$1,190$1,071$1,309$1,380
2 bedrooms$1,500$1,350$1,650$1,722
3 bedrooms$1,920$1,728$2,112$2,203
4 bedrooms$2,020$1,818$2,222$2,495

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

Penobscot County, ME (part)

$1,120Efficiency
$1,1901 bedroom
$1,5002 bedrooms
$1,9203 bedrooms
$2,0204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,120$1,008$1,232$1,042
1 bedroom$1,190$1,071$1,309$1,144
2 bedrooms$1,500$1,350$1,650$1,496
3 bedrooms$1,920$1,728$2,112$2,039
4 bedrooms$2,020$1,818$2,222$2,096

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

Income in ZIP 04460

$48,688average adjusted gross income per tax return (2022)
$34,964average salaries and wages per return
560tax returns filed
37%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00039.3%
$25,000 to $50,00028.6%
$50,000 to $75,00010.7%
$75,000 to $100,0008.9%
$100,000 to $200,00012.5%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04460?

HUD's FY2027 Small Area FMRs for ZIP 04460 (Bangor, ME) are $1,120 efficiency, $1,190 one bedroom, $1,500 two bedrooms, $1,920 three and $2,020 four bedrooms.

What payment standard can a housing authority set in ZIP 04460?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,350 to $1,650.

How affordable is rent in ZIP 04460?

Tax returns filed from ZIP 04460 reported an average adjusted gross income of $48,688 (2022). A two-bedroom unit at the Small Area FMR costs $18,000 a year, or 37% of that income.