FY2027 Small Area FMR · Freedom, ME

ZIP 04941 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04941 (Freedom, ME) is $1,300 a month, up 16.1% from FY2026. That is 5% below the Waldo County, ME area-wide FMR of $1,367.

2-bedroom SAFMR$1,300per month ▲ 16.1%

Area-wide 2 BR FMR$1,367Waldo County, ME

Rank in the area18thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,170

2 BR Small Area FMR$1,300

110% of SAFMR$1,430

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

Studio$1,050▲ 16.7%

1 BR$1,050▲ 15.4%

2 BR$1,300▲ 16.1%

3 BR$1,680▲ 15.9%

4 BR$1,830▲ 15.8%

FY2027 FY2026

Where 04941 sits in the Waldo County, ME area

Of the 21 ZIP codes HUD lists for the area, 04941 has the 18th highest two-bedroom Small Area FMR. Waldo 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 $1,367 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,300 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	$1,050	$945 – $1,155	$1,132	$900
1 bedroom	$1,050	$945 – $1,155	$1,148	$910
2 bedrooms	$1,300	$1,170 – $1,430	$1,367	$1,120
3 bedrooms	$1,680	$1,512 – $1,848	$1,766	$1,450
4 bedrooms	$1,830	$1,647 – $2,013	$1,981	$1,580

A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 a year to keep housing costs at 30% of income. The area median family income is $92,700 and the 80% low-income limit for four people is $74,150. ZIP code 04941 lies mainly in Waldo County. See the Waldo County, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04986	Thorndike	6.6 mi	$1,330
04949	Liberty	7.4 mi	$1,380
04952	Morrill	7.5 mi	$1,380
04988	Unity	7.9 mi	$1,300
04910	Albion	8.4 mi	$1,880
04973	Searsmont	8.5 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 04941?

HUD's FY2027 Small Area Fair Market Rents for 04941 are $1,050 (studio), $1,050 (1 BR), $1,300 (2 BR), $1,680 (3 BR) and $1,830 (4 BR) a month.

What is the Section 8 payment standard in 04941?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04941 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04941?

The FY2026 income limits of the Waldo County, ME area apply: median family income $92,700, low-income (80%) limit $74,150 for a family of four.