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York County/Kennebunk/04043

04043

ZIPSAFMR
York County, ME
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$1,520$1,670
1 BR$1,690$1,860
2 BR$2,020$2,220
3 BR$2,780$2,790
4 BR$3,130$2,820
5 BR$3,599Not available
6 BR$4,139Not available
7 BR$4,760Not available
8 BR$5,474Not available

Purchase Price Calculator

Maximum purchase price
$267,975

Cost breakdown

+Likely effective rent$2,220
HUD FMR$2,020
Market rent$2,650
Est. payment standard (110%)Used$2,220
-Principal and interest-$1,355
Loan amount$214,380
Down payment$53,595
Rate6.50%
Term30 years
-Operating costs-$665
Property taxes-$268
Insurance-$175
Utilities$0
HOA$0
Management-$222
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,485(66.2% ROI)
Projected value
$288,579
Return breakdown
Property appreciation+$20,605
Loan principal paid down+$7,681
Rental cash flow+$7,200
5-year hold
+$60,911(113.7% ROI)
Projected value
$303,189
Return breakdown
Property appreciation+$35,214
Loan principal paid down+$13,697
Rental cash flow+$12,000
10-year hold
+$131,692(245.7% ROI)
Projected value
$343,030
Return breakdown
Property appreciation+$75,056
Loan principal paid down+$32,637
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.68
1 BR
0.73
2 BR
0.76
3 BR
0.99
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 04043 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 04043 (Kennebunk, ME) is $2,020 a month. That is up 4.7% from $1,930 in FY 2026. Kennebunk 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, 04043 has the 15th-highest two-bedroom rent (county range $1,550–$3,010). The median county two-bedroom FMR in Maine is $1,371, so ZIP 04043 is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 04043
BedroomsFY 2027Change90–110% range
Studio$1,520+5.6%$1,368–$1,672
1BR$1,690+6.3%$1,521–$1,859
2BR$2,020+4.7%$1,818–$2,222
3BR$2,780+7.8%$2,502–$3,058
4BR$3,130+8.7%$2,817–$3,443

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 04043
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,520$1,690$2,020$2,780$3,130
FY 2026$1,440$1,590$1,930$2,580$2,880
FY 2025$1,320$1,490$1,840$2,430$2,680
FY 2024$1,180$1,320$1,640$2,150$2,350
FY 2023$1,250$1,310$1,630$2,120$2,380

Two-bedroom rent in nearby York County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 04043
04027$1,890−6.4%
04028$1,880−6.9%
04030$1,820−9.9%
04038$2,210+9.4%
04042$1,920−5.0%
04043Current$2,020—
04046$1,920−5.0%
04047$1,760−12.9%
04048$1,920−5.0%
04049$1,920−5.0%
04054$1,880−6.9%
04056$1,820−9.9%

Questions about ZIP 04043 rents

How much will Section 8 pay for a two-bedroom in ZIP 04043?

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 $2,020 it would be $1,818 to $2,222. 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 04043 in?

ZIP 04043 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 04043 for FY 2027?

The two-bedroom FMR rose 4.7%, from $1,930 in FY 2026 to $2,020 in FY 2027. Since FY 2023 it has risen 23.9%.

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