FY2027 Small Area FMR · Rangeley, ME

ZIP 04970 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 04970 (Rangeley, ME) is $1,190 a month, up 11.2% from FY2026. That is 6% below the Franklin County, ME area-wide FMR of $1,264.

2-bedroom SAFMR$1,190per month ▲ 11.2%

Area-wide 2 BR FMR$1,264Franklin County, ME

Rank in the area19thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$820▲ 10.8%

1 BR$910▲ 11.0%

2 BR$1,190▲ 11.2%

3 BR$1,580▲ 11.3%

4 BR$1,700▲ 19.7%

FY2027 FY2026

Where 04970 sits in the Franklin County, ME area

Of the 22 ZIP codes HUD lists for the area, 04970 has the 19th highest two-bedroom Small Area FMR. Franklin 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 $1,264 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$820	$738 – $902	$880	$740
1 bedroom	$910	$819 – $1,001	$966	$820
2 bedrooms	$1,190	$1,071 – $1,309	$1,264	$1,070
3 bedrooms	$1,580	$1,422 – $1,738	$1,750	$1,420
4 bedrooms	$1,700	$1,530 – $1,870	$2,113	$1,420

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $85,400 and the 80% low-income limit for four people is $73,500. ZIP code 04970 lies mainly in Franklin County. See the Franklin County, ME county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
04982	Stratton	11.1 mi	$1,290
04964	Oquossoc	12.4 mi	$1,190
04966	Phillips	16.3 mi	$1,260
04983	Strong	17.2 mi	$1,200
04947	Kingfield	17.2 mi	$1,550
03579	Errol	20.1 mi	$1,290

Questions

What is the Fair Market Rent for ZIP code 04970?

HUD's FY2027 Small Area Fair Market Rents for 04970 are $820 (studio), $910 (1 BR), $1,190 (2 BR), $1,580 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 04970?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 04970 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 04970?

The FY2026 income limits of the Franklin County, ME area apply: median family income $85,400, low-income (80%) limit $73,500 for a family of four.