| Unit Size | FY 2026 FMR |
|---|---|
| Studio (0 Bedroom) | $1,390 |
| 1 Bedroom | $1,540 |
| 2 Bedrooms | $2,020 |
| 3 Bedrooms | $2,420 |
| 4 Bedrooms | $3,390 |
Location: York County, ME
Metro Area: York County, ME (part) HUD Metro FMR Area
Explore Section 8 payment standards in neighboring areas:
Market Overview: York County, ME, is experiencing a steady influx of seasonal residents and retirees, tightening inventory and pushing prices upward. Short-term rental demand from tourists and summer residents is strong, but year-round rental demand is moderate, creating a two-tier market. Investors should note that winter vacancies can be significant, impacting cash flow.
Median Sales Prices (ZIP 03908): 2BR: $425,000 | 3BR: $525,000
1% Rule Analysis:
• 2BR: $2,020 ÷ $425,000 = 0.48% 👎 Below 1% Rule
• 3BR: $2,420 ÷ $525,000 = 0.46% 👎 Below 1% Rule
Investment Potential: High acquisition cost relative to rent means cash-flow is weak, but appreciation potential remains strong. Investors should focus on value-add opportunities (renovation, subdivision, or ADU potential) to improve rent or resale value. Consider short-term rental strategies to offset the high purchase price.
Key Insights: High acquisition cost relative to rent is the primary challenge. However, the area's strong appreciation potential and the ability to offset some of the cost with short-term rental income during peak season can help. Investors should be prepared for a longer-term hold strategy or consider alternative investment strategies like fix-and-flip or short-term rental conversion to maximize returns.