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ME/York County/Sanford

Sanford, ME

CitySAFMR
York County
Found 1 ZIP

City Median Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,400
1 BR$1,410$1,480
2 BR$1,680$1,760
3 BR$2,310$2,200
4 BR$2,600$2,360
5 BR$2,990Not available
6 BR$3,438Not available
7 BR$3,954Not available
8 BR$4,547Not available

Purchase Price Calculator

Maximum purchase price
$199,619

Cost breakdown

+Likely effective rent$1,760
HUD FMR$1,680
Market rent$1,800
Est. payment standard (105%)Used$1,760
-Principal and interest-$1,009
Loan amount$159,695
Down payment$39,924
Rate6.50%
Term30 years
-Operating costs-$551
Property taxes-$200
Insurance-$175
Utilities$0
HOA$0
Management-$176
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,270(70.8% ROI)
Projected value
$214,968
Return breakdown
Property appreciation+$15,349
Loan principal paid down+$5,721
Rental cash flow+$7,200
5-year hold
+$48,434(121.3% ROI)
Projected value
$225,850
Return breakdown
Property appreciation+$26,232
Loan principal paid down+$10,203
Rental cash flow+$12,000
10-year hold
+$104,222(261.1% ROI)
Projected value
$255,529
Return breakdown
Property appreciation+$55,910
Loan principal paid down+$24,312
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.93
2 BR
0.93
3 BR
1.05
4 BR
1.10
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Sanford, ME fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sanford, ME is $1,680 a month. That is up 3.1% from $1,630 in FY 2026. Sanford 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 Sanford is 23% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Sanford, ME
BedroomsFY 2027Change90–110% range
Studio$1,270+4.1%$1,143–$1,397
1BR$1,410+5.2%$1,269–$1,551
2BR$1,680+3.1%$1,512–$1,848
3BR$2,310+6.0%$2,079–$2,541
4BR$2,600+7.0%$2,340–$2,860

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Sanford, ME
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,410$1,680$2,310$2,600
FY 2026$1,220$1,340$1,630$2,180$2,430
FY 2025$1,070$1,210$1,490$1,970$2,170
FY 2024$950$1,040$1,300$1,700$1,870
FY 2023$970$1,020$1,270$1,650$1,860

Questions about Sanford, ME rents

How much will Section 8 pay for a two-bedroom in Sanford, 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 $1,680 it would be $1,512 to $1,848. 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 Sanford, ME in?

Sanford, 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 Sanford, ME for FY 2027?

The two-bedroom FMR rose 3.1%, from $1,630 in FY 2026 to $1,680 in FY 2027. Since FY 2023 it has risen 32.3%.

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