FY2027 Small Area FMR · Monticello, ME

ZIP 04760 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04760 (Monticello, ME) is $1,230 a month, down 2.4% from FY2026. That is 5% above the Aroostook County, ME area-wide FMR of $1,175.

2-bedroom SAFMR$1,230per month ▼ 2.4%

Area-wide 2 BR FMR$1,175Aroostook County, ME

Rank in the area19thof 46 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$930▼ 4.1%

1 BR$940▼ 4.1%

2 BR$1,230▼ 2.4%

3 BR$1,660▼ 3.5%

4 BR$1,720▼ 3.9%

FY2027 FY2026

Where 04760 sits in the Aroostook County, ME area

Of the 46 ZIP codes HUD lists for the area, 04760 has the 19th highest two-bedroom Small Area FMR. Aroostook 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 $1,175 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 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	$930	$837 – $1,023	$892	$970
1 bedroom	$940	$846 – $1,034	$898	$980
2 bedrooms	$1,230	$1,107 – $1,353	$1,175	$1,260
3 bedrooms	$1,660	$1,494 – $1,826	$1,581	$1,720
4 bedrooms	$1,720	$1,548 – $1,892	$1,642	$1,790

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $73,800 and the 80% low-income limit for four people is $73,500. ZIP code 04760 lies mainly in Aroostook County. See the Aroostook County, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04735	Bridgewater	6.9 mi	$1,110
04734	Blaine	9.1 mi	$1,110
04730	Houlton	11.2 mi	$1,120
04787	Westfield	13.4 mi	$1,160
04761	New Limerick	15.4 mi	$1,180
04758	Mars Hill	15.9 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 04760?

HUD's FY2027 Small Area Fair Market Rents for 04760 are $930 (studio), $940 (1 BR), $1,230 (2 BR), $1,660 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 04760?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04760 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04760?

The FY2026 income limits of the Aroostook County, ME area apply: median family income $73,800, low-income (80%) limit $73,500 for a family of four.