ZIP 04732 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04732 in the Aroostook County, ME FMR area.

Aroostook County, ME

$1,060Efficiency
$1,0701 bedroom
$1,4002 bedrooms
$1,8803 bedrooms
$1,9604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,060$954$1,166$892
1 bedroom$1,070$963$1,177$898
2 bedrooms$1,400$1,260$1,540$1,175
3 bedrooms$1,880$1,692$2,068$1,581
4 bedrooms$1,960$1,764$2,156$1,642

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

Piscataquis County, ME

$1,060Efficiency
$1,0701 bedroom
$1,4002 bedrooms
$1,8803 bedrooms
$1,9604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,060$954$1,166$933
1 bedroom$1,070$963$1,177$1,024
2 bedrooms$1,400$1,260$1,540$1,340
3 bedrooms$1,880$1,692$2,068$1,610
4 bedrooms$1,960$1,764$2,156$1,761

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

Income in ZIP 04732

$51,415average adjusted gross income per tax return (2022)
$37,573average salaries and wages per return
790tax returns filed
33%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00031.6%
$25,000 to $50,00026.6%
$50,000 to $75,00020.3%
$75,000 to $100,0008.9%
$100,000 to $200,00012.7%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04732?

HUD's FY2027 Small Area FMRs for ZIP 04732 (Aroostook County, ME) are $1,060 efficiency, $1,070 one bedroom, $1,400 two bedrooms, $1,880 three and $1,960 four bedrooms.

What payment standard can a housing authority set in ZIP 04732?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,260 to $1,540.

How affordable is rent in ZIP 04732?

Tax returns filed from ZIP 04732 reported an average adjusted gross income of $51,415 (2022). A two-bedroom unit at the Small Area FMR costs $16,800 a year, or 33% of that income.