FY2027 Small Area FMR · Farmingdale, ME

ZIP 04344 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04344 (Farmingdale, ME) is $1,280 a month, up 4.9% from FY2026. That is 7% below the Kennebec County, ME area-wide FMR of $1,374.

2-bedroom SAFMR$1,280per month ▲ 4.9%

Area-wide 2 BR FMR$1,374Kennebec County, ME

Rank in the area30thof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$980▲ 5.4%

1 BR$990▲ 5.3%

2 BR$1,280▲ 4.9%

3 BR$1,640▲ 4.5%

4 BR$1,950▲ 4.8%

FY2027 FY2026

Where 04344 sits in the Kennebec County, ME area

Of the 38 ZIP codes HUD lists for the area, 04344 has the 30th highest two-bedroom Small Area FMR. Kennebec County, 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 $1,374 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 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	$980	$882 – $1,078	$1,043	$930
1 bedroom	$990	$891 – $1,089	$1,050	$940
2 bedrooms	$1,280	$1,152 – $1,408	$1,374	$1,220
3 bedrooms	$1,640	$1,476 – $1,804	$1,767	$1,570
4 bedrooms	$1,950	$1,755 – $2,145	$2,167	$1,860

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $99,100 and the 80% low-income limit for four people is $76,800. ZIP code 04344 lies mainly in Kennebec County. See the Kennebec County, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04347	Hallowell	1.9 mi	$1,280
04346	Randolph	4.1 mi	$1,430
04345	Gardiner	4.8 mi	$1,420
04351	Manchester	5.9 mi	$1,340
04359	South Gardiner	6.6 mi	$1,390
04330	Augusta	7.4 mi	$1,350

Questions

What is the Fair Market Rent for ZIP code 04344?

HUD's FY2027 Small Area Fair Market Rents for 04344 are $980 (studio), $990 (1 BR), $1,280 (2 BR), $1,640 (3 BR) and $1,950 (4 BR) a month.

What is the Section 8 payment standard in 04344?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04344 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04344?

The FY2026 income limits of the Kennebec County, ME area apply: median family income $99,100, low-income (80%) limit $76,800 for a family of four.