04345
ZIPFMR
Kennebec County, ME
BRFMR
Eff. Rent
0 BR$1,082$1,190
1 BR$1,090$1,200
2 BR$1,416$1,560
3 BR$1,819$1,980
4 BR$2,158$2,210
5 BR$2,482
6 BR$2,854
7 BR$3,282
8 BR$3,774

Purchase Price Calculator

Maximum purchase price
$169,899

Cost breakdown

+Likely effective rent$1,560
HUD FMR$1,416
Market rent$1,850
Est. payment standard (110%)Used$1,560
Estimated payment standard is $1,560 (110% of FMR).
-Principal and interest-$859
Loan amount$135,919
Down payment$33,980
Rate6.50%
Term30 years
-Operating costs-$501
Property taxes-$170
Insurance-$175
Utilities$0
HOA$0
Management-$156
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,133(74.0% ROI)
Projected value
$182,962
Current value$169,899
Return breakdown
Property appreciation+$13,064
Loan principal paid down+$4,870
Rental cash flow+$7,200
5-year hold
+$43,010(126.6% ROI)
Projected value
$192,225
Current value$169,899
Return breakdown
Property appreciation+$22,326
Loan principal paid down+$8,684
Rental cash flow+$12,000
10-year hold
+$92,278(271.6% ROI)
Projected value
$217,485
Current value$169,899
Return breakdown
Property appreciation+$47,586
Loan principal paid down+$20,692
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.76ratio
FMR$1,082
Market$1,420
vs market-$338

FMR is below market; voucher rent may lag private rents.

90% standard$974 / 0.69 ratio110% standard$1,190 / 0.84 ratio
0.76
1 BR
1 BR
0.77ratio
FMR$1,090
Market$1,410
vs market-$320

FMR is below market; voucher rent may lag private rents.

90% standard$981 / 0.70 ratio110% standard$1,199 / 0.85 ratio
0.77
2 BR
2 BR
0.77ratio
FMR$1,416
Market$1,850
vs market-$434

FMR is below market; voucher rent may lag private rents.

90% standard$1,274 / 0.69 ratio110% standard$1,558 / 0.84 ratio
0.77
3 BR
3 BR
0.88ratio
FMR$1,819
Market$2,070
vs market-$251

FMR is below market; voucher rent may lag private rents.

90% standard$1,637 / 0.79 ratio110% standard$2,001 / 0.97 ratio
0.88
4 BR
4 BR
0.96ratio
FMR$2,158
Market$2,240
vs market-$82

FMR is near market; voucher and private rents are aligned.

90% standard$1,942 / 0.87 ratio110% standard$2,374 / 1.06 ratio
0.96
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 04345 (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.

04345 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 04345 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,416 and the 4 bedroom fair market rent is $2,158.

Use this page for searches like 04345 FMR, 04345 fair market rent, and 04345 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 04345
Bedroom sizeHUD FMR
Studio$1,082
1 bedroom$1,090
2 bedroom$1,416
3 bedroom$1,819
4 bedroom$2,158