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Kennebec County/Augusta/04336

04336

ZIPFMR
Kennebec County, ME
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,043$1,150
1 BR$1,050$1,160
2 BR$1,374$1,510
3 BR$1,767$1,940
4 BR$2,167$2,190
5 BR$2,492Not available
6 BR$2,866Not available
7 BR$3,296Not available
8 BR$3,790Not available

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMR$1,374
Market rent$1,740
Est. payment standard (110%)Used$1,510
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.73
2 BR
0.79
3 BR
0.84
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 04336 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 04336 (Augusta, ME) is $1,374 a month. That is down 3.0% from $1,416 in FY 2026. Augusta is in the Kennebec County, ME non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 04336
BedroomsFY 2027Change90–110% range
Studio$1,043−3.6%$939–$1,147
1BR$1,050−3.7%$945–$1,155
2BR$1,374−3.0%$1,237–$1,511
3BR$1,767−2.9%$1,590–$1,944
4BR$2,167+0.4%$1,950–$2,384

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 04336
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,043$1,050$1,374$1,767$2,167
FY 2026$1,082$1,090$1,416$1,819$2,158
FY 2025$895$901$1,160$1,454$1,739
FY 2024$857$860$1,104$1,374$1,622
FY 2023$754$759$971$1,203$1,443

Questions about ZIP 04336 rents

How much will Section 8 pay for a two-bedroom in ZIP 04336?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,374, that basic range is $1,237 to $1,511 a month. 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 04336 in?

ZIP 04336 is in the Kennebec County, ME non-metropolitan FMR area.

How much did fair market rent change in ZIP 04336 for FY 2027?

The two-bedroom FMR fell 3.0%, from $1,416 in FY 2026 to $1,374 in FY 2027. Since FY 2023 it has risen 41.5%.

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 Fair Market Rents. 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 rentAugusta, ME fair market rentME statewide rentsWhat is SAFMR?Data sources