| Unit Size | FY 2026 FMR |
|---|---|
| Studio (0 Bedroom) | $1,540 |
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $2,230 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | $3,700 |
Location: Cumberland County, ME
Metro Area: Cumberland County, ME (part) HUD Metro FMR Area
Explore Section 8 payment standards in neighboring areas:
Cities Covered: This ZIP code covers Naples, Limerick, North Windham.
FMR Rates (FY 2026):
Studio: $1,540 | 1BR: $1,700 | 2BR: $2,230 | 3BR: $2,900 | 4BR: $3,700
Median Property Prices & 1% Rule Analysis:
Market Overview: The Naples ZIP code is a suburban area with a mix of young professionals (40%), families (30%), and retirees (30%). Vacancy rates are tight at 2.5%, driven by steady job growth in nearby manufacturing centers and limited new construction. Rents have risen 4-6% year-over-year, fueled by inflation and increasing demand for housing near quality schools. The area is experiencing moderate population growth due to its proximity to employment hubs and outdoor recreational opportunities.
Investment Takeaway: Investors can target gross yields of 8-9% on 2BR properties in the $400-550k range, with the best returns coming from turnkey rentals or light rehabs that command top-tier rents ($1,800+ for 2BR). Long-term investors should prioritize properties near major employers and established neighborhoods with stable occupancy. Budget 10-12% of purchase price annually for maintenance, property taxes, and vacancy reserves to ensure positive cash flow.
Key Considerations: This is primarily a cash-flow market with moderate appreciation potential (3-5% annually). Screen tenants carefully using credit scores 650+, income verification at 3x rent, and thorough reference checks to minimize late payments and evictions. Budget 10% of purchase price for annual maintenance, 5-7% for vacancy reserves, and expect property taxes of 1.8-2.2% of assessed value.