Skip to main content
Loading page
York County/Berwick/03901

03901

ZIPSAFMR
York County, ME
Zillow

ZIP Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,550$1,440
1 BR$1,700$1,670
2 BR$2,230$2,150
3 BR$2,660$2,620
4 BR$3,330$2,940
5 BR$3,829Not available
6 BR$4,404Not available
7 BR$5,065Not available
8 BR$5,824Not available

Purchase Price Calculator

Maximum purchase price
$257,573

Cost breakdown

+Likely effective rent$2,150
HUD FMR$2,230
Market rentUsed$2,150
Est. payment standard (98%)$2,180
-Principal and interest-$1,302
Loan amount$206,058
Down payment$51,515
Rate6.50%
Term30 years
-Operating costs-$648
Property taxes-$258
Insurance-$175
Utilities$0
HOA$0
Management-$215
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$34,387(66.8% ROI)
Projected value
$277,378
Return breakdown
Property appreciation+$19,805
Loan principal paid down+$7,383
Rental cash flow+$7,200
5-year hold
+$59,012(114.6% ROI)
Projected value
$291,420
Return breakdown
Property appreciation+$33,847
Loan principal paid down+$13,165
Rental cash flow+$12,000
10-year hold
+$127,512(247.5% ROI)
Projected value
$329,715
Return breakdown
Property appreciation+$72,142
Loan principal paid down+$31,370
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.08
1 BR
1.02
2 BR
1.04
3 BR
1.02
4 BR
1.13
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 03901 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 03901 (Berwick, ME) is $2,230 a month. That is up 7.7% from $2,070 in FY 2026. Berwick 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. Among 43 ZIP codes in York County, 03901 has the 8th-highest two-bedroom rent (county range $1,550–$3,010). The median county two-bedroom FMR in Maine is $1,371, so ZIP 03901 is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 03901
BedroomsFY 2027Change90–110% range
Studio$1,550+8.4%$1,395–$1,705
1BR$1,700+7.6%$1,530–$1,870
2BR$2,230+7.7%$2,007–$2,453
3BR$2,660+7.3%$2,394–$2,926
4BR$3,330−4.0%$2,997–$3,663

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 03901
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,550$1,700$2,230$2,660$3,330
FY 2026$1,430$1,580$2,070$2,480$3,470
FY 2025$1,190$1,340$1,730$2,240$2,900
FY 2024$1,010$1,130$1,480$2,040$2,520
FY 2023$950$1,030$1,350$1,860$2,300

Two-bedroom rent in nearby York County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 03901
03901Current$2,230—
03902$2,270+1.8%
03903$2,820+26.5%
03904$2,420+8.5%
03905$3,010+35.0%
03906$1,990−10.8%
03907$2,570+15.2%
03908$2,280+2.2%
03909$2,140−4.0%
03910$2,140−4.0%
03911$2,140−4.0%
04001$1,550−30.5%

Questions about ZIP 03901 rents

How much will Section 8 pay for a two-bedroom in ZIP 03901?

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 $2,230 it would be $2,007 to $2,453. 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 ZIP 03901 in?

ZIP 03901 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 ZIP 03901 for FY 2027?

The two-bedroom FMR rose 7.7%, from $2,070 in FY 2026 to $2,230 in FY 2027. Since FY 2023 it has risen 65.2%.

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

County fair market rentBerwick, ME fair market rentME statewide rentsWhat is SAFMR?Data sources