FY2027 Small Area FMR · Swans Island, ME
ZIP 04685 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04685 (Swans Island, ME) is $1,850 a month, down 1.6% from FY2026. That is 25% above the Hancock County, ME area-wide FMR of $1,484.
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 04685 sits in the Hancock County, ME area
Of the 46 ZIP codes HUD lists for the area, 04685 has the 4th highest two-bedroom Small Area FMR. Hancock 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 $1,484 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,850 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,450 | $1,305 – $1,595 | $1,163 | $1,530 |
| 1 bedroom | $1,450 | $1,305 – $1,595 | $1,171 | $1,540 |
| 2 bedrooms | $1,850 | $1,665 – $2,035 | $1,484 | $1,880 |
| 3 bedrooms | $2,550 | $2,295 – $2,805 | $2,050 | $2,560 |
| 4 bedrooms | $2,730 | $2,457 – $3,003 | $2,198 | $2,570 |
A household renting a two-bedroom home at the Small Area FMR of $1,850 needs about $74,000 a year to keep housing costs at 30% of income. The area median family income is $101,200 and the 80% low-income limit for four people is $80,950. ZIP code 04685 lies mainly in Hancock County. See the Hancock County, ME county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 04685?
HUD's FY2027 Small Area Fair Market Rents for 04685 are $1,450 (studio), $1,450 (1 BR), $1,850 (2 BR), $2,550 (3 BR) and $2,730 (4 BR) a month.
What is the Section 8 payment standard in 04685?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04685 that range is $1,665 to $2,035 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 04685?
The FY2026 income limits of the Hancock County, ME area apply: median family income $101,200, low-income (80%) limit $80,950 for a family of four.