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 | $1,260 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,750 |
| 3 Bedrooms | $2,220 |
| 4 Bedrooms | $2,580 |
| 5 Bedrooms | $2,993 |
| 6 Bedrooms | $3,352 |
| 7 Bedrooms | $3,620 |
| 8 Bedrooms | $3,801 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,220 | $429,933 | 0.52% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 04258, located in Oxford County, ME, reveals a favorable environment for cashflow generation. The HUD Fair Market Rent (FMR) for FY 2024 stands at $1310, significantly higher than the market rent of $878 as reported by the Census ACS. This discrepancy means that voucher tenants will cashflow at FMR levels, providing a consistent and reliable income stream for landlords.
To further understand the dynamics, consider the median home value in the area, which is $378,934. Using the HUD FMR of $1310, we can derive a monthly rent-to-price ratio of approximately 0.35%, indicating that rental properties are undervalued relative to the housing market. This ratio suggests strong potential for appreciation in property values over time, as the area's housing market may catch up to rental rates.
The days on market (DOM) and price-cut share data are not available, but these metrics would be relevant if there were concerns about the local real estate market's liquidity and pricing volatility. However, given the current data, the primary focus should remain on the strong cashflow potential and the likelihood of future appreciation in property values.
The strongest investor angle in ZIP 04258 is cashflow, due to the substantial gap between the HUD FMR and the current market rent, coupled with the potential for property value appreciation.
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.