OAKLAND, ME
CityFMR
Somerset County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,015$1,120
1 BR$1,083$1,190
2 BR$1,266$1,390
3 BR$1,689$1,830
4 BR$1,812$1,910
5 BR$2,084
6 BR$2,396
7 BR$2,756
8 BR$3,169

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,266
Market rent$1,590
Est. payment standard (110%)Used$1,390
Estimated payment standard is $1,390 (110% of FMR).
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Current value$144,637
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Current value$144,637
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Current value$144,637
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 04963
0.75ratio
FMR$1,015
Market$1,350
vs market-$335

FMR is below market; voucher rent may lag private rents.

90% standard$914 / 0.68 ratio110% standard$1,117 / 0.83 ratio
0.75
1 BR
1 BR- 04963
0.85ratio
FMR$1,083
Market$1,280
vs market-$197

FMR is below market; voucher rent may lag private rents.

90% standard$975 / 0.76 ratio110% standard$1,191 / 0.93 ratio
0.85
2 BR
2 BR- 04963
0.80ratio
FMR$1,266
Market$1,590
vs market-$324

FMR is below market; voucher rent may lag private rents.

90% standard$1,139 / 0.72 ratio110% standard$1,393 / 0.88 ratio
0.80
3 BR
3 BR- 04963
0.88ratio
FMR$1,689
Market$1,910
vs market-$221

FMR is below market; voucher rent may lag private rents.

90% standard$1,520 / 0.80 ratio110% standard$1,858 / 0.97 ratio
0.88
4 BR
4 BR- 04963
0.92ratio
FMR$1,812
Market$1,960
vs market-$148

FMR is near market; voucher and private rents are aligned.

90% standard$1,631 / 0.83 ratio110% standard$1,993 / 1.02 ratio
0.92
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for OAKLAND, ME (ME) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

OAKLAND, ME fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for OAKLAND, ME shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,266 and the 4 bedroom fair market rent is $1,812.

Use this page for searches like OAKLAND, ME FMR, OAKLAND, ME fair market rent, and OAKLAND, ME Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for OAKLAND, ME
Bedroom sizeHUD FMR
Studio$1,015
1 bedroom$1,083
2 bedroom$1,266
3 bedroom$1,689
4 bedroom$1,812