FY2027 Small Area FMR · Bingham, ME

ZIP 04920 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04920 (Bingham, ME) is $1,140 a month, up 4.6% from FY2026. That is 8% below the Somerset County, ME area-wide FMR of $1,242.

2-bedroom SAFMR$1,140per month ▲ 4.6%

Area-wide 2 BR FMR$1,242Somerset County, ME

Rank in the area29thof 30 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

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

Studio$920▲ 5.7%

1 BR$980▲ 5.4%

2 BR$1,140▲ 4.6%

3 BR$1,530▲ 5.5%

4 BR$1,640▲ 5.1%

FY2027 FY2026

Where 04920 sits in the Somerset County, ME area

Of the 30 ZIP codes HUD lists for the area, 04920 has the 29th highest two-bedroom Small Area FMR. Somerset 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 $1,242 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 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	$920	$828 – $1,012	$1,031	$870
1 bedroom	$980	$882 – $1,078	$1,038	$930
2 bedrooms	$1,140	$1,026 – $1,254	$1,242	$1,090
3 bedrooms	$1,530	$1,377 – $1,683	$1,676	$1,450
4 bedrooms	$1,640	$1,476 – $1,804	$1,731	$1,560

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $81,700 and the 80% low-income limit for four people is $73,500. ZIP code 04920 lies mainly in Somerset County. See the Somerset County, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04925	Caratunk	5.4 mi	$1,240
04912	Athens	13.7 mi	$1,150
04942	Harmony	13.8 mi	$1,280
04406	Abbot	13.9 mi	$1,460
04961	New Portland	14.1 mi	$1,490
04979	Solon	14.2 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 04920?

HUD's FY2027 Small Area Fair Market Rents for 04920 are $920 (studio), $980 (1 BR), $1,140 (2 BR), $1,530 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 04920?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04920 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04920?

The FY2026 income limits of the Somerset County, ME area apply: median family income $81,700, low-income (80%) limit $73,500 for a family of four.