ZIP 04921 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 04921 in the Penobscot County, ME (part) FMR area.

Penobscot County, ME (part)

$1,130Efficiency
$1,1401 bedroom
$1,3602 bedrooms
$1,7603 bedrooms
$1,9704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,130$1,017$1,243$1,042
1 bedroom$1,140$1,026$1,254$1,144
2 bedrooms$1,360$1,224$1,496$1,496
3 bedrooms$1,760$1,584$1,936$2,039
4 bedrooms$1,970$1,773$2,167$2,096

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

Waldo County, ME

$1,130Efficiency
$1,1401 bedroom
$1,3602 bedrooms
$1,7603 bedrooms
$1,9704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,130$1,017$1,243$1,132
1 bedroom$1,140$1,026$1,254$1,148
2 bedrooms$1,360$1,224$1,496$1,367
3 bedrooms$1,760$1,584$1,936$1,766
4 bedrooms$1,970$1,773$2,167$1,981

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

Income in ZIP 04921

$54,282average adjusted gross income per tax return (2022)
$41,246average salaries and wages per return
780tax returns filed
30%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00032.1%
$25,000 to $50,00029.5%
$50,000 to $75,00015.4%
$75,000 to $100,0009.0%
$100,000 to $200,00014.1%
$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 04921?

HUD's FY2027 Small Area FMRs for ZIP 04921 (Penobscot County, ME (part)) are $1,130 efficiency, $1,140 one bedroom, $1,360 two bedrooms, $1,760 three and $1,970 four bedrooms.

What payment standard can a housing authority set in ZIP 04921?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,224 to $1,496.

How affordable is rent in ZIP 04921?

Tax returns filed from ZIP 04921 reported an average adjusted gross income of $54,282 (2022). A two-bedroom unit at the Small Area FMR costs $16,320 a year, or 30% of that income.