FY2027 Small Area FMR · Steep Falls, ME

ZIP 04085 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04085 (Steep Falls, ME) is $2,400 a month, up 8.1% from FY2026. That is 2% above the Portland, ME area-wide FMR of $2,353.

2-bedroom SAFMR$2,400per month ▲ 8.1%

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

Rank in the area13thof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,160

2 BR Small Area FMR$2,400

110% of SAFMR$2,640

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

Studio$1,670▲ 9.2%

1 BR$1,900▲ 9.8%

2 BR$2,400▲ 8.1%

3 BR$2,960▲ 9.6%

4 BR$3,150▲ 7.1%

FY2027 FY2026

Where 04085 sits in the Portland, ME area

Of the 45 ZIP codes HUD lists for the area, 04085 has the 13th 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 $2,400 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	$1,670	$1,503 – $1,837	$1,639	$1,530
1 bedroom	$1,900	$1,710 – $2,090	$1,864	$1,730
2 bedrooms	$2,400	$2,160 – $2,640	$2,353	$2,220
3 bedrooms	$2,960	$2,664 – $3,256	$2,902	$2,700
4 bedrooms	$3,150	$2,835 – $3,465	$3,092	$2,940

A household renting a two-bedroom home at the Small Area FMR of $2,400 needs about $96,000 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 04085 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
04084	Standish	2.6 mi	$2,160
04049	Limington	4.6 mi	$1,920
04024	East Baldwin	5.5 mi	$2,100
04091	West Baldwin	7.9 mi	$1,700
04038	Gorham	9.1 mi	$2,210
04020	Cornish	9.6 mi	$1,740

Questions

What is the Fair Market Rent for ZIP code 04085?

HUD's FY2027 Small Area Fair Market Rents for 04085 are $1,670 (studio), $1,900 (1 BR), $2,400 (2 BR), $2,960 (3 BR) and $3,150 (4 BR) a month.

What is the Section 8 payment standard in 04085?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04085 that range is $2,160 to $2,640 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04085?

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.