FY2027 Small Area FMR · Gray, ME
ZIP 04039 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04039 (Gray, ME) is $2,100 a month, up 7.1% from FY2026. That is 11% below the Portland, ME area-wide FMR of $2,353.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 04039 sits in the Portland, ME area
Of the 45 ZIP codes HUD lists for the area, 04039 has the 33rd 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 $2,100 for this ZIP code instead.
ZIP code 04039 crosses more than one HUD area. HUD also lists it under Cumberland County, ME (part) (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,460 | $1,314 – $1,606 | $1,639 | $1,350 |
| 1 bedroom | $1,660 | $1,494 – $1,826 | $1,864 | $1,530 |
| 2 bedrooms | $2,100 | $1,890 – $2,310 | $2,353 | $1,960 |
| 3 bedrooms | $2,590 | $2,331 – $2,849 | $2,902 | $2,380 |
| 4 bedrooms | $2,760 | $2,484 – $3,036 | $3,092 | $2,600 |
A household renting a two-bedroom home at the Small Area FMR of $2,100 needs about $84,000 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 04039 lies mainly in Cumberland County. See the Portland, ME metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 04039?
HUD's FY2027 Small Area Fair Market Rents for 04039 are $1,460 (studio), $1,660 (1 BR), $2,100 (2 BR), $2,590 (3 BR) and $2,760 (4 BR) a month.
What is the Section 8 payment standard in 04039?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04039 that range is $1,890 to $2,310 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 04039?
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.