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Penobscot County/Hampden/04444

04444

ZIPSAFMR
Penobscot County, ME
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$1,290$1,280
1 BR$1,380$1,390
2 BR$1,760$1,550
3 BR$2,330$1,670
4 BR$2,520$1,800
5 BR$2,898Not available
6 BR$3,333Not available
7 BR$3,833Not available
8 BR$4,407Not available

Purchase Price Calculator

Maximum purchase price
$168,413

Cost breakdown

+Likely effective rent$1,550
HUD FMR$1,760
Market rentUsed$1,550
Est. payment standard (92%)$1,620
-Principal and interest-$852
Loan amount$134,730
Down payment$33,683
Rate6.50%
Term30 years
-Operating costs-$498
Property taxes-$168
Insurance-$175
Utilities$0
HOA$0
Management-$155
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,976(74.2% ROI)
Projected value
$181,362
Return breakdown
Property appreciation+$12,949
Loan principal paid down+$4,827
Rental cash flow+$7,200
5-year hold
+$42,739(126.9% ROI)
Projected value
$190,544
Return breakdown
Property appreciation+$22,131
Loan principal paid down+$8,608
Rental cash flow+$12,000
10-year hold
+$91,681(272.2% ROI)
Projected value
$215,583
Return breakdown
Property appreciation+$47,170
Loan principal paid down+$20,511
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
0.99
2 BR
1.14
3 BR
1.40
4 BR
1.40
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 04444 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 04444 (Hampden, ME) is $1,760 a month. That is up 12.1% from $1,570 in FY 2026. Hampden is in the Penobscot 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 $1,496. Among 50 ZIP codes in Penobscot County, 04444 is tied for the 21st-highest two-bedroom rent (county range $1,260–$2,350). The median county two-bedroom FMR in Maine is $1,371, so ZIP 04444 is 28% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 04444
BedroomsFY 2027Change90–110% range
Studio$1,290+12.2%$1,161–$1,419
1BR$1,380+13.1%$1,242–$1,518
2BR$1,760+12.1%$1,584–$1,936
3BR$2,330+15.3%$2,097–$2,563
4BR$2,520+15.1%$2,268–$2,772

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 04444
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,290$1,380$1,760$2,330$2,520
FY 2026$1,150$1,220$1,570$2,020$2,190
FY 2025$1,020$1,100$1,410$1,800$1,910
FY 2024$900$990$1,270$1,620$1,760
FY 2023$860$950$1,230$1,550$1,750

Two-bedroom rent in nearby Penobscot County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 04444
04430$1,260−28.4%
04434$1,910+8.5%
04435$2,080+18.2%
04444Current$1,760—
04448$1,580−10.2%
04449$2,160+22.7%
04450$1,660−5.7%
04451$1,560−11.4%
04453$1,470−16.5%
04455$1,780+1.1%
04456$2,090+18.8%
04457$1,500−14.8%

Questions about ZIP 04444 rents

How much will Section 8 pay for a two-bedroom in ZIP 04444?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,496, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,346 to $1,646 a month; under the ZIP-level Small Area FMR of $1,760 it would be $1,584 to $1,936. 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 04444 in?

ZIP 04444 is in the Penobscot County, ME (part) HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,496.

How much did fair market rent change in ZIP 04444 for FY 2027?

The two-bedroom FMR rose 12.1%, from $1,570 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 43.1%.

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