FY2027 Small Area FMR · Cape Neddick, ME

ZIP 03902 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 03902 (Cape Neddick, ME) is $2,270 a month, up 1.8% from FY2026. That is 4% below the York-Kittery-South Berwick, ME area-wide FMR of $2,376.

2-bedroom SAFMR$2,270per month ▲ 1.8%

Area-wide 2 BR FMR$2,376York-Kittery-South Berwick,

Rank in the area6thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,043

2 BR Small Area FMR$2,270

110% of SAFMR$2,497

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,620▲ 3.2%

1 BR$1,780▲ 2.3%

2 BR$2,270▲ 1.8%

3 BR$2,820▲ 1.8%

4 BR$3,330▼ 8.3%

FY2027 FY2026

Where 03902 sits in the York-Kittery-South Berwick, ME area

Of the 12 ZIP codes HUD lists for the area, 03902 has the 6th highest two-bedroom Small Area FMR. York-Kittery-South Berwick, ME is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,376 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,270 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,620	$1,458 – $1,782	$1,655	$1,570
1 bedroom	$1,780	$1,602 – $1,958	$1,816	$1,740
2 bedrooms	$2,270	$2,043 – $2,497	$2,376	$2,230
3 bedrooms	$2,820	$2,538 – $3,102	$2,831	$2,770
4 bedrooms	$3,330	$2,997 – $3,663	$3,383	$3,630

A household renting a two-bedroom home at the Small Area FMR of $2,270 needs about $90,800 a year to keep housing costs at 30% of income. The area median family income is $132,900 and the 80% low-income limit for four people is $106,300. ZIP code 03902 lies mainly in York County. See the York-Kittery-South Berwick, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
03910	York Beach	2.3 mi	$2,140
03907	Ogunquit	3.0 mi	$2,570
03909	York	4.2 mi	$2,140
03911	York Harbor	5.0 mi	$2,140
03908	South Berwick	6.3 mi	$2,280
04090	Wells	8.1 mi	$1,880

Questions

What is the Fair Market Rent for ZIP code 03902?

HUD's FY2027 Small Area Fair Market Rents for 03902 are $1,620 (studio), $1,780 (1 BR), $2,270 (2 BR), $2,820 (3 BR) and $3,330 (4 BR) a month.

What is the Section 8 payment standard in 03902?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 03902 that range is $2,043 to $2,497 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 03902?

The FY2026 income limits of the York-Kittery-South Berwick, ME area apply: median family income $132,900, low-income (80%) limit $106,300 for a family of four.