Location: Portland, ME | Metro: Portland, ME 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 | $1,750 |
| 1 Bedroom | $1,990 |
| 2 Bedrooms | $2,510 |
| 3 Bedrooms | $3,100 |
| 4 Bedrooms | $3,300 |
| 5 Bedrooms | $3,828 |
| 6 Bedrooms | $4,287 |
| 7 Bedrooms | $4,630 |
| 8 Bedrooms | $4,862 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,510 | $588,501 | 0.43% | F |
| 3BR | $3,100 | $707,846 | 0.44% | F |
| 4BR | $3,300 | $1,058,930 | 0.31% | F |
| 5BR | $3,828 | $1,344,769 | 0.28% | F |
U.S. Census Bureau data (2024)
The real estate landscape in Yarmouth, ME (ZIP 04096), is poised for stability over the next 12-24 months, given the current median home value of $752,933. This figure suggests that homeowners have significant equity built into their properties, which can provide a buffer against potential market downturns. The fact that there is currently no reduction in the percentage of listings and the median days on market (DOM) is not specified indicates a balanced market where neither buyers nor sellers hold a significant advantage. As such, pricing power will likely remain stable, with minor fluctuations rather than dramatic shifts.
On the rental side, the Federal Market Rent (FMR) for ZIP 04096 in fiscal year 2024 is set at $2,220, while the actual market rent, as indicated by Zillow's Owner Occupied Rents Index (ZORI), stands at $2,391. This slight premium suggests that landlords can maintain current rents without significant pressure to lower them, especially if they keep their properties well-maintained and competitive in amenities.
For long-hold investors, the setup implies a cautious approach to appreciation. While the median home value indicates a strong base, the lack of specific data on listing reductions and DOM points to a market that might not see rapid growth. Long-term investors should focus on steady cash flows from rentals and consider the possibility of modest appreciation over time, contingent upon broader economic factors and local development trends.
To summarize, the current equilibrium in the housing market, coupled with a slight premium in rental rates, suggests a scenario where both homeowners and landlords can expect stability. Pricing power will be maintained, but rapid appreciation is unlikely without additional catalysts such as infrastructure improvements or changes in local demand.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.