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ME/Oxford County/South Paris

South Paris, ME

CitySAFMR
Oxford County
Found 1 ZIP

City Median Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$910$1,000
1 BR$1,010$1,110
2 BR$1,300$1,320
3 BR$1,800$1,400
4 BR$2,170$1,430
5 BR$2,496Not available
6 BR$2,870Not available
7 BR$3,300Not available
8 BR$3,795Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$1,300
Market rent$1,330
Est. payment standard (101%)Used$1,320
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.75
1 BR
0.83
2 BR
0.98
3 BR
1.29
4 BR
1.52
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

South Paris, ME fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Paris, ME is $1,300 a month. That is down 6.5% from $1,390 in FY 2026. South Paris is in the Oxford County, ME non-metropolitan 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 county-wide two-bedroom FMR of $1,224. The median county two-bedroom FMR in Maine is $1,371, so South Paris is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for South Paris, ME
BedroomsFY 2027Change90–110% range
Studio$910−5.2%$819–$1,001
1BR$1,010−4.7%$909–$1,111
2BR$1,300−6.5%$1,170–$1,430
3BR$1,800−6.7%$1,620–$1,980
4BR$2,170−6.9%$1,953–$2,387

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for South Paris, ME
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$910$1,010$1,300$1,800$2,170
FY 2026$960$1,060$1,390$1,930$2,330
FY 2025$870$880$1,150$1,510$1,930
FY 2024area FMR$814$820$1,077$1,321$1,699
FY 2023area FMR$729$734$966$1,176$1,534

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about South Paris, ME rents

How much will Section 8 pay for a two-bedroom in South Paris, ME?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,224, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,102 to $1,346 a month; under the ZIP-level Small Area FMR of $1,300 it would be $1,170 to $1,430. 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 Paris, ME in?

South Paris, ME is in the Oxford County, ME non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,224.

How much did fair market rent change in South Paris, ME for FY 2027?

The two-bedroom FMR fell 6.5%, from $1,390 in FY 2026 to $1,300 in FY 2027. Since FY 2025 it has risen 13.0%.

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