FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 04077
1.01ratio
FMR$1,850
Market$1,830
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 04077
1.21ratio
FMR$2,340
Market$1,940
vs market+$400
FMR is above market; underwrite to market rent.
1.21
3 BR
3 BR- 04077
1.41ratio
FMR$2,890
Market$2,050
vs market+$840
FMR is above market; underwrite to market rent.
1.41
4 BR
4 BR- 04077
1.47ratio
FMR$3,080
Market$2,090
vs market+$990
FMR is above market; underwrite to market rent.
1.47
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
--
South Casco, ME fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Casco, ME is $2,340 a month. That is up 10.4% from $2,120 in FY 2026. South Casco 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 South Casco is 71% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Casco, ME
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,460
$1,630
+11.6%
$1,467–$1,793
1BR
$1,650
$1,850
+12.1%
$1,665–$2,035
2BR
$2,120
$2,340
+10.4%
$2,106–$2,574
3BR
$2,580
$2,890
+12.0%
$2,601–$3,179
4BR
$2,810
$3,080
+9.6%
$2,772–$3,388
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Casco, ME
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,630
$1,850
$2,340
$2,890
$3,080
FY 2026
$1,460
$1,650
$2,120
$2,580
$2,810
FY 2025
$1,370
$1,550
$2,000
$2,450
$2,750
FY 2024
$1,310
$1,510
$1,940
$2,410
$2,730
FY 2023
$1,240
$1,450
$1,860
$2,340
$2,730
Questions about South Casco, ME rents
How much will Section 8 pay for a two-bedroom in South Casco, 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 $2,340 it would be $2,106 to $2,574. 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 South Casco, ME in?
South Casco, 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 South Casco, ME for FY 2027?
The two-bedroom FMR rose 10.4%, from $2,120 in FY 2026 to $2,340 in FY 2027. Since FY 2023 it has risen 25.8%.
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