FY2027 Small Area FMR · Cornish, ME

ZIP 04020 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04020 (Cornish, ME) is $1,740 a month, up 1.8% from FY2026. That is 3% below the York County, ME (part) area-wide FMR of $1,792.

2-bedroom SAFMR$1,740per month ▲ 1.8%

Area-wide 2 BR FMR$1,792York County, ME (part)

Rank in the area27thof 31 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,566

2 BR Small Area FMR$1,740

110% of SAFMR$1,914

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

Studio$1,310▲ 2.3%

1 BR$1,460▲ 3.5%

2 BR$1,740▲ 1.8%

3 BR$2,390▲ 4.4%

4 BR$2,690▲ 5.5%

FY2027 FY2026

Where 04020 sits in the York County, ME (part) area

Of the 31 ZIP codes HUD lists for the area, 04020 has the 27th highest two-bedroom Small Area FMR. York County, ME (part) 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 $1,792 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,740 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	$1,310	$1,179 – $1,441	$1,352	$1,280
1 bedroom	$1,460	$1,314 – $1,606	$1,500	$1,410
2 bedrooms	$1,740	$1,566 – $1,914	$1,792	$1,710
3 bedrooms	$2,390	$2,151 – $2,629	$2,464	$2,290
4 bedrooms	$2,690	$2,421 – $2,959	$2,773	$2,550

A household renting a two-bedroom home at the Small Area FMR of $1,740 needs about $69,600 a year to keep housing costs at 30% of income. The area median family income is $106,800 and the 80% low-income limit for four people is $85,450. ZIP code 04020 lies mainly in York County. See the York County, ME (part) county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04047	Parsonsfield	4.8 mi	$1,760
04048	Limerick	5.6 mi	$1,920
04049	Limington	5.6 mi	$1,920
04041	Hiram	5.8 mi	$1,590
04091	West Baldwin	5.9 mi	$1,700
04024	East Baldwin	7.8 mi	$2,100

Questions

What is the Fair Market Rent for ZIP code 04020?

HUD's FY2027 Small Area Fair Market Rents for 04020 are $1,310 (studio), $1,460 (1 BR), $1,740 (2 BR), $2,390 (3 BR) and $2,690 (4 BR) a month.

What is the Section 8 payment standard in 04020?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04020 that range is $1,566 to $1,914 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04020?

The FY2026 income limits of the York County, ME (part) area apply: median family income $106,800, low-income (80%) limit $85,450 for a family of four.