Location: York County, ME | Metro: York County, ME (part) HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,450 |
| 1 Bedroom | $1,610 |
| 2 Bedrooms | $1,920 |
| 3 Bedrooms | $2,640 |
| 4 Bedrooms | $2,970 |
| 5 Bedrooms | $3,445 |
| 6 Bedrooms | $3,858 |
| 7 Bedrooms | $4,167 |
| 8 Bedrooms | $4,375 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,610 | $450,717 | 0.36% | F |
| 2BR | $1,920 | $528,031 | 0.36% | F |
| 3BR | $2,640 | $766,303 | 0.34% | F |
| 4BR | $2,970 | $1,236,984 | 0.24% | F |
| 5BR | $3,445 | $2,101,774 | 0.16% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 04046 (Arundel, ME) on the axes of yield and stability reveals a nuanced picture for landlords and small-portfolio investors. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,510, which is slightly above the market rent of $1,477. This indicates a modest potential for higher rental yields compared to the general market. However, the median home value of $764,096 suggests that the area is relatively expensive, which could limit the number of potential tenants who can afford to live there.
On the stability axis, the data points towards a somewhat stable rental environment. With 18.2% of residents being renters, the market has a moderate share of rental demand. The absence of day DOM (days on market) data makes it challenging to assess how quickly properties might be rented out, but the average household income of $102,529 provides a strong financial foundation for the rental market, suggesting that tenants are likely to have the means to pay rent consistently.
To determine whether Arundel represents a high-yield/low-stability flip-style market, a steady-cashflow zone, or something in between, we must consider these factors collectively. Given the FMR is only marginally higher than the market rent and the relatively high median home value, the potential for significant rental yield increases is limited. This suggests that Arundel is not a high-yield market. Instead, the area leans more towards a steady-cashflow zone, driven by the stable income levels of its residents and the moderate rental market presence.
However, the relatively low percentage of renters (18.2%) implies that the market is not heavily saturated with rental demand, which could mean slower turnover rates and less frequent opportunities to adjust rents to market conditions. Therefore, while Arundel offers a stable cash flow, it does not present the characteristics of a high-yield or flip-style market. It is best classified as a steady-cashflow zone with moderate rental demand and high property values.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.