FY2027 Small Area FMR · Casco, ME

ZIP 04015 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04015 (Casco, ME) is $1,920 a month, up 6.1% from FY2026. That is 18% below the Portland, ME area-wide FMR of $2,353.

2-bedroom SAFMR$1,920per month ▲ 6.1%

Area-wide 2 BR FMR$2,353Portland, ME

Rank in the area39thof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,728

2 BR Small Area FMR$1,920

110% of SAFMR$2,112

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

Studio$1,330▲ 6.4%

1 BR$1,500▲ 6.4%

2 BR$1,920▲ 6.1%

3 BR$2,340▲ 5.4%

4 BR$2,540▲ 2.0%

FY2027 FY2026

Where 04015 sits in the Portland, ME area

Of the 45 ZIP codes HUD lists for the area, 04015 has the 39th highest two-bedroom Small Area FMR. Portland, 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 $2,353 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,920 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	$1,330	$1,197 – $1,463	$1,639	$1,250
1 bedroom	$1,500	$1,350 – $1,650	$1,864	$1,410
2 bedrooms	$1,920	$1,728 – $2,112	$2,353	$1,810
3 bedrooms	$2,340	$2,106 – $2,574	$2,902	$2,220
4 bedrooms	$2,540	$2,286 – $2,794	$3,092	$2,490

A household renting a two-bedroom home at the Small Area FMR of $1,920 needs about $76,800 a year to keep housing costs at 30% of income. The area median family income is $139,100 and the 80% low-income limit for four people is $106,800. ZIP code 04015 lies mainly in Cumberland County. See the Portland, ME metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04071	Raymond	4.9 mi	$2,060
04055	Naples	5.9 mi	$2,560
04274	Poland	8.0 mi	$1,920
04039	Gray	9.1 mi	$2,100
04270	Oxford	9.7 mi	$1,580
04029	Sebago	9.8 mi	$1,980

Questions

What is the Fair Market Rent for ZIP code 04015?

HUD's FY2027 Small Area Fair Market Rents for 04015 are $1,330 (studio), $1,500 (1 BR), $1,920 (2 BR), $2,340 (3 BR) and $2,540 (4 BR) a month.

What is the Section 8 payment standard in 04015?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04015 that range is $1,728 to $2,112 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04015?

The FY2026 income limits of the Portland, ME area apply: median family income $139,100, low-income (80%) limit $106,800 for a family of four.