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ME/York County/Kittery Point

Kittery Point, ME

CitySAFMR
York County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,100$2,170
1 BR$2,300$2,530
2 BR$3,010$3,070
3 BR$3,590$3,840
4 BR$4,410$4,530
5 BR$5,072Not available
6 BR$5,832Not available
7 BR$6,707Not available
8 BR$7,713Not available

Purchase Price Calculator

Maximum purchase price
$394,284

Cost breakdown

+Likely effective rent$3,070
HUD FMR$3,010
Market rent$3,100
Est. payment standard (102%)Used$3,070
-Principal and interest-$1,994
Loan amount$315,427
Down payment$78,857
Rate6.50%
Term30 years
-Operating costs-$876
Property taxes-$394
Insurance-$175
Utilities$0
HOA$0
Management-$307
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$48,818(61.9% ROI)
Projected value
$424,601
Return breakdown
Property appreciation+$30,317
Loan principal paid down+$11,301
Rental cash flow+$7,200
5-year hold
+$83,965(106.5% ROI)
Projected value
$446,096
Return breakdown
Property appreciation+$51,812
Loan principal paid down+$20,153
Rental cash flow+$12,000
10-year hold
+$182,453(231.4% ROI)
Projected value
$504,717
Return breakdown
Property appreciation+$110,433
Loan principal paid down+$48,020
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.85
2 BR
0.97
3 BR
0.90
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Kittery Point, ME fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kittery Point, ME is $3,010 a month. That is up 3.1% from $2,920 in FY 2026. Kittery Point 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 Kittery Point is 120% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Kittery Point, ME
BedroomsFY 2027Change90–110% range
Studio$2,100+4.5%$1,890–$2,310
1BR$2,300+3.1%$2,070–$2,530
2BR$3,010+3.1%$2,709–$3,311
3BR$3,590+2.6%$3,231–$3,949
4BR$4,410−10.0%$3,969–$4,851

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Kittery Point, ME
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,100$2,300$3,010$3,590$4,410
FY 2026$2,010$2,230$2,920$3,500$4,900
FY 2025$1,920$2,170$2,800$3,630$4,700
FY 2024$1,410$1,560$2,040$2,650$3,340
FY 2023$1,310$1,460$1,910$2,600$3,200

Questions about Kittery Point, ME rents

How much will Section 8 pay for a two-bedroom in Kittery Point, 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 $3,010 it would be $2,709 to $3,311. 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 Kittery Point, ME in?

Kittery Point, 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 Kittery Point, ME for FY 2027?

The two-bedroom FMR rose 3.1%, from $2,920 in FY 2026 to $3,010 in FY 2027. Since FY 2023 it has risen 57.6%.

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