Section 8 Fair Market Rent (FMR) for ZIP 04252 - 2027

Location: Sagadahoc County, ME | Metro: Lewiston-Auburn, ME MSA

Investment Score for ZIP 04252

D
Monthly Rent (2BR)
$1,970
Median Price (2BR)
$296,733
1% Rule
0.66%
Annual Yield
7.97%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,420
1 Bedroom$1,510
2 Bedrooms$1,970
3 Bedrooms$2,490
4 Bedrooms$2,890
5 Bedrooms$3,352
6 Bedrooms$3,754
7 Bedrooms$4,054
8 Bedrooms$4,257

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,970 $296,733 0.66% D
3BR $2,490 $340,948 0.73% D
4BR $2,890 $377,307 0.77% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,968
Median Household Income
$73,476
Housing Units
1,962
Renter Percentage
26.2%
Occupancy Rate
100.0%
Renter Occupied
514

The ZIP code 04252, located in Lisbon Falls, ME, stands out in Androscoggin County with its distinct demographic and economic characteristics. With a population of 4,968 residents, 26.2% of whom rent their homes, the area has a median household income of $73,476 and a median home value of $329,784. These figures suggest a relatively stable community where homeownership is more common than renting.

When it comes to Section 8 voucher economics, the data reveals an interesting disparity. The Fair Market Rent (FMR) for ZIP 04252 in fiscal year 2024 is set at $1260, while the average market rent is reported to be $972 according to the Census American Community Survey (ACS). This means that landlords who accept Section 8 vouchers can potentially receive a higher rental income compared to the local market rate, making it an attractive option for those looking to secure tenants in a competitive environment.

The data signature for ZIP 04252 indicates a stable community. The high median home value and moderate percentage of renters suggest a steady demand for both rental and owned properties. Landlords and small-portfolio investors should consider the benefits of accepting Section 8 vouchers, as they offer a guaranteed income stream that exceeds the typical market rent. This can help stabilize cash flow and reduce vacancy rates, especially in areas where there is a mix of affordable and higher-priced housing options.

To summarize, ZIP 04252 presents a stable environment for real estate investment, with Section 8 vouchers offering a financial advantage over market rents. For landlords, this can translate into a reliable source of income and a reduced risk of vacancy, making it a strategic choice in the current economic landscape of Lisbon Falls.

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.