FY2027 Small Area FMR · Randolph, ME

ZIP 04346 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04346 (Randolph, ME) is $1,430 a month, down 4.7% from FY2026. That is 4% above the Kennebec County, ME area-wide FMR of $1,374.

2-bedroom SAFMR$1,430per month ▼ 4.7%

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

Rank in the area11thof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,287

2 BR Small Area FMR$1,430

110% of SAFMR$1,573

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

Studio$1,090▼ 5.2%

1 BR$1,090▼ 5.2%

2 BR$1,430▼ 4.7%

3 BR$1,840▼ 4.7%

4 BR$2,260▼ 1.3%

FY2027 FY2026

Where 04346 sits in the Kennebec County, ME area

Of the 38 ZIP codes HUD lists for the area, 04346 has the 11th 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 $1,430 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	$1,090	$981 – $1,199	$1,043	$1,150
1 bedroom	$1,090	$981 – $1,199	$1,050	$1,150
2 bedrooms	$1,430	$1,287 – $1,573	$1,374	$1,500
3 bedrooms	$1,840	$1,656 – $2,024	$1,767	$1,930
4 bedrooms	$2,260	$2,034 – $2,486	$2,167	$2,290

A household renting a two-bedroom home at the Small Area FMR of $1,430 needs about $57,200 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 04346 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
04345	Gardiner	3.6 mi	$1,420
04344	Farmingdale	4.1 mi	$1,280
04359	South Gardiner	4.1 mi	$1,390
04347	Hallowell	4.8 mi	$1,280
04353	Whitefield	7.1 mi	$1,280
04330	Augusta	7.9 mi	$1,350

Questions

What is the Fair Market Rent for ZIP code 04346?

HUD's FY2027 Small Area Fair Market Rents for 04346 are $1,090 (studio), $1,090 (1 BR), $1,430 (2 BR), $1,840 (3 BR) and $2,260 (4 BR) a month.

What is the Section 8 payment standard in 04346?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04346 that range is $1,287 to $1,573 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04346?

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.