Skip to main content
Loading page
ME/York County/Bar Mills

Bar Mills, ME

CitySAFMR
York County
Found 1 ZIP
Loading Investment Score

City Median Investment Score

-- 

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,530
1 BR$1,580$1,740
2 BR$1,990$2,190
3 BR$2,450$2,700
4 BR$2,620$2,710
5 BR$3,013Not available
6 BR$3,465Not available
7 BR$3,985Not available
8 BR$4,582Not available

Purchase Price Calculator

Maximum purchase price
$263,517

Cost breakdown

+Likely effective rent$2,190
HUD FMR$1,990
Market rent$2,550
Est. payment standard (110%)Used$2,190
-Principal and interest-$1,332
Loan amount$210,813
Down payment$52,703
Rate6.50%
Term30 years
-Operating costs-$658
Property taxes-$264
Insurance-$175
Utilities$0
HOA$0
Management-$219
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,015(66.4% ROI)
Projected value
$283,779
Return breakdown
Property appreciation+$20,262
Loan principal paid down+$7,553
Rental cash flow+$7,200
5-year hold
+$60,097(114.0% ROI)
Projected value
$298,145
Return breakdown
Property appreciation+$34,628
Loan principal paid down+$13,469
Rental cash flow+$12,000
10-year hold
+$129,901(246.5% ROI)
Projected value
$337,324
Return breakdown
Property appreciation+$73,807
Loan principal paid down+$32,094
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.65
1 BR
0.73
2 BR
0.78
3 BR
0.86
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Bar Mills, ME fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bar Mills, ME is $1,990 a month. That is up 9.9% from $1,810 in FY 2026. Bar Mills is in the York County, ME (part) HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,792. The median county two-bedroom FMR in Maine is $1,371, so Bar Mills is 45% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bar Mills, ME
BedroomsFY 2027Change90–110% range
Studio$1,390+11.2%$1,251–$1,529
1BR$1,580+12.1%$1,422–$1,738
2BR$1,990+9.9%$1,791–$2,189
3BR$2,450+10.4%$2,205–$2,695
4BR$2,620+5.2%$2,358–$2,882

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bar Mills, ME
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,580$1,990$2,450$2,620
FY 2026$1,250$1,410$1,810$2,220$2,490
FY 2025$1,190$1,370$1,760$2,180$2,470
FY 2024$1,140$1,310$1,680$2,110$2,460
FY 2023$1,080$1,250$1,610$2,030$2,430

Questions about Bar Mills, ME rents

How much will Section 8 pay for a two-bedroom in Bar Mills, ME?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,792, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,613 to $1,971 a month; under the ZIP-level Small Area FMR of $1,990 it would be $1,791 to $2,189. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Bar Mills, ME in?

Bar Mills, ME is in the York County, ME (part) HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,792.

How much did fair market rent change in Bar Mills, ME for FY 2027?

The two-bedroom FMR rose 9.9%, from $1,810 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 23.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set