FMR is near market; voucher and private rents are aligned.
0.95
1 BR
1 BR- 04072
0.79ratio
FMR$1,730
Market$2,200
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 04072
0.79ratio
FMR$2,070
Market$2,620
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 04072
1.12ratio
FMR$2,850
Market$2,550
vs market+$300
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 04072
1.16ratio
FMR$3,200
Market$2,750
vs market+$450
FMR is above market; underwrite to market rent.
1.16
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Saco, ME fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saco, ME is $2,070 a month. That is up 5.6% from $1,960 in FY 2026. Saco is in the Cumberland 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 $1,941. The median county two-bedroom FMR in Maine is $1,371, so Saco is 51% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saco, ME
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,460
$1,560
+6.8%
$1,404–$1,716
1BR
$1,610
$1,730
+7.5%
$1,557–$1,903
2BR
$1,960
$2,070
+5.6%
$1,863–$2,277
3BR
$2,620
$2,850
+8.8%
$2,565–$3,135
4BR
$2,920
$3,200
+9.6%
$2,880–$3,520
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saco, ME
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,560
$1,730
$2,070
$2,850
$3,200
FY 2026
$1,460
$1,610
$1,960
$2,620
$2,920
FY 2025
$1,340
$1,510
$1,860
$2,460
$2,710
FY 2024
$1,190
$1,320
$1,680
$2,160
$2,460
FY 2023
$1,220
$1,280
$1,590
$2,070
$2,430
Questions about Saco, ME rents
How much will Section 8 pay for a two-bedroom in Saco, ME?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,941, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,747 to $2,135 a month; under the ZIP-level Small Area FMR of $2,070 it would be $1,863 to $2,277. 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 Saco, ME in?
Saco, ME is in the Cumberland County, ME (part) HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,941.
How much did fair market rent change in Saco, ME for FY 2027?
The two-bedroom FMR rose 5.6%, from $1,960 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 30.2%.
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