Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 04751 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 04751 (Limestone, ME) is $1,175 a month. That is down 4.0% from $1,224 in FY 2026. Limestone is in the Aroostook County, ME non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Maine is $1,371, so ZIP 04751 is 14% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 04751
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$942
$892
−5.3%
$803–$981
1BR
$949
$898
−5.4%
$808–$988
2BR
$1,224
$1,175
−4.0%
$1,058–$1,293
3BR
$1,672
$1,581
−5.4%
$1,423–$1,739
4BR
$1,739
$1,642
−5.6%
$1,478–$1,806
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 04751
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$892
$898
$1,175
$1,581
$1,642
FY 2026
$942
$949
$1,224
$1,672
$1,739
FY 2025
$730
$786
$986
$1,351
$1,407
FY 2024
$664
$758
$948
$1,292
$1,374
FY 2023
$562
$672
$841
$1,117
$1,266
Questions about ZIP 04751 rents
How much will Section 8 pay for a two-bedroom in ZIP 04751?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,175, that basic range is $1,058 to $1,293 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 04751 in?
ZIP 04751 is in the Aroostook County, ME non-metropolitan FMR area.
How much did fair market rent change in ZIP 04751 for FY 2027?
The two-bedroom FMR fell 4.0%, from $1,224 in FY 2026 to $1,175 in FY 2027. Since FY 2023 it has risen 39.7%.
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