Location: Oxford County, ME | Metro: Lewiston-Auburn, ME MSA
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 | $1,030 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,850 | $250,270 | 0.74% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 04239 in Pennsylvania for fiscal year 2024 is set at $1110. This figure represents the maximum amount that a landlord can charge under the Section 8 Housing Choice Voucher program. It's important to note that this is not the rent you will receive; it is the payment standard used to determine the maximum subsidy a tenant can receive.
To put this into perspective, the average rent for the area, according to the Census American Community Survey, is $759. This means that the FMR under Section 8 is significantly higher than the typical market rate, which could be beneficial for landlords looking to cover costs and maintain profitability.
The 17.3% share of renters in the area indicates a moderate demand for rental properties. While this percentage might seem low, it still translates to a substantial number of potential tenants who could benefit from Section 8 vouchers. The median home value in the area is approximately $210,906, reflecting the overall housing market and acquisition costs for property owners.
If you're considering your first Section 8 rental in ZIP 04239, one critical factor to verify is the condition of the property. Before signing up, ensure your rental meets all the necessary inspection requirements. This includes having adequate heating, hot water, plumbing, and electrical systems, among other things. Failure to meet these standards can result in non-payment or termination of the contract, so it's essential to get it right from the start.
In summary, while the FMR of $1110 offers a higher payment ceiling compared to the local average rent of $759, the 17.3% renter share suggests there is a steady demand for rental properties. With an acquisition cost of around $210,906, it's crucial to verify that your property meets all inspection criteria to avoid any issues down the line.
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.