ZIP 04746 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04746 in the Aroostook County, ME FMR area.

$850Efficiency
$8601 bedroom
$1,1102 bedrooms
$1,5103 bedrooms
$1,5704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$850$765$935$892
1 bedroom$860$774$946$898
2 bedrooms$1,110$999$1,221$1,175
3 bedrooms$1,510$1,359$1,661$1,581
4 bedrooms$1,570$1,413$1,727$1,642

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

Income in ZIP 04746

$44,017average adjusted gross income per tax return (2022)
$31,628average salaries and wages per return
180tax returns filed
30%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00038.9%
$25,000 to $50,00027.8%
$50,000 to $75,00022.2%
$75,000 to $100,0000.0%
$100,000 to $200,00011.1%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 04746?

HUD's FY2027 Small Area FMRs for ZIP 04746 (Aroostook County, ME) are $850 efficiency, $860 one bedroom, $1,110 two bedrooms, $1,510 three and $1,570 four bedrooms.

What payment standard can a housing authority set in ZIP 04746?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $999 to $1,221.

How affordable is rent in ZIP 04746?

Tax returns filed from ZIP 04746 reported an average adjusted gross income of $44,017 (2022). A two-bedroom unit at the Small Area FMR costs $13,320 a year, or 30% of that income.