FY2027 Small Area FMR · Cape Elizabeth, ME

ZIP 04107 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04107 (Cape Elizabeth, ME) is $3,360 a month, up 5.0% from FY2026. That is 43% above the Portland, ME area-wide FMR of $2,353.

2-bedroom SAFMR$3,360per month ▲ 5.0%

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

Rank in the area2ndof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$3,024

2 BR Small Area FMR$3,360

110% of SAFMR$3,696

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

Studio$2,340▲ 5.9%

1 BR$2,660▲ 6.8%

2 BR$3,360▲ 5.0%

3 BR$4,140▲ 6.4%

4 BR$4,420▲ 4.2%

FY2027 FY2026

Where 04107 sits in the Portland, ME area

Of the 45 ZIP codes HUD lists for the area, 04107 has the 2nd 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 $3,360 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	$2,340	$2,106 – $2,574	$1,639	$2,210
1 bedroom	$2,660	$2,394 – $2,926	$1,864	$2,490
2 bedrooms	$3,360	$3,024 – $3,696	$2,353	$3,200
3 bedrooms	$4,140	$3,726 – $4,554	$2,902	$3,890
4 bedrooms	$4,420	$3,978 – $4,862	$3,092	$4,240

A household renting a two-bedroom home at the Small Area FMR of $3,360 needs about $134,400 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 04107 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
04106	South Portland	3.9 mi	$2,640
04109	Portland	4.2 mi	$2,640
04101	Portland	5.3 mi	$2,420
04102	Portland	5.6 mi	$2,340
04108	Peaks Island	5.6 mi	$2,270
04074	Scarborough	6.5 mi	$2,660

Questions

What is the Fair Market Rent for ZIP code 04107?

HUD's FY2027 Small Area Fair Market Rents for 04107 are $2,340 (studio), $2,660 (1 BR), $3,360 (2 BR), $4,140 (3 BR) and $4,420 (4 BR) a month.

What is the Section 8 payment standard in 04107?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04107 that range is $3,024 to $3,696 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04107?

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.