ME/Knox County/SPRUCE HEAD
SPRUCE HEAD, ME
CityFMR
Knox County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,223$1,223
1 BR$1,270$1,270
2 BR$1,526$1,526
3 BR$1,928$1,928
4 BR$2,085$2,085
5 BR$2,398
6 BR$2,757
7 BR$3,171
8 BR$3,647

Purchase Price Calculator

Maximum purchase price
$164,846

Cost breakdown

+Likely effective rent$1,526
HUD FMRUsed$1,526
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$834
Loan amount$131,877
Down payment$32,969
Rate6.50%
Term30 years
-Operating costs-$492
Property taxes-$165
Insurance-$175
Utilities$0
HOA$0
Management-$153
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,600(74.6% ROI)
Projected value
$177,522
Current value$164,846
Return breakdown
Property appreciation+$12,675
Loan principal paid down+$4,725
Rental cash flow+$7,200
5-year hold
+$42,088(127.7% ROI)
Projected value
$186,509
Current value$164,846
Return breakdown
Property appreciation+$21,662
Loan principal paid down+$8,426
Rental cash flow+$12,000
10-year hold
+$90,248(273.7% ROI)
Projected value
$211,017
Current value$164,846
Return breakdown
Property appreciation+$46,171
Loan principal paid down+$20,077
Rental cash flow+$24,000

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SPRUCE HEAD, 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

SPRUCE HEAD, ME fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for SPRUCE HEAD, ME shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,526 and the 4 bedroom fair market rent is $2,085.

Use this page for searches like SPRUCE HEAD, ME FMR, SPRUCE HEAD, ME fair market rent, and SPRUCE HEAD, 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 SPRUCE HEAD, ME
Bedroom sizeHUD FMR
Studio$1,223
1 bedroom$1,270
2 bedroom$1,526
3 bedroom$1,928
4 bedroom$2,085