Location: Bangor, ME | Metro: Bangor, 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 | $1,270 |
| 1 Bedroom | $1,340 |
| 2 Bedrooms | $1,670 |
| 3 Bedrooms | $2,140 |
| 4 Bedrooms | $2,420 |
| 5 Bedrooms | $2,807 |
| 6 Bedrooms | $3,144 |
| 7 Bedrooms | $3,396 |
| 8 Bedrooms | $3,566 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,670 | $248,512 | 0.67% | D |
| 3BR | $2,140 | $308,832 | 0.69% | D |
| 4BR | $2,420 | $351,052 | 0.69% | D |
| 5BR | $2,807 | $396,528 | 0.71% | D |
U.S. Census Bureau data (2024)
The ZIP code 04412, located in the Brewer, ME, Bangor, ME HUD Metro FMR Area, serves as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the favorable financial metrics that support steady income generation.
Firstly, the Fair Market Rent (FMR) for ZIP 04412 in fiscal year 2024 is set at $1230. This figure represents the maximum amount a landlord can charge for a voucher, which is significantly lower than the market rent of $1,556. The difference between these two figures—$326—indicates a substantial spread that landlords can leverage to ensure profitability even when dealing with Section 8 vouchers.
Secondly, the median home value in ZIP 04412 stands at $296,546. Given that the median income is $66,613, the cost of living is relatively high compared to the average earnings. This makes the area less attractive for potential homebuyers, thereby increasing the reliance on rental properties and stabilizing the demand for Section 8 units.
The 40.3% renter share suggests a significant portion of the population relies on rentals, further reinforcing the stability of rental income. With a low 0.2% price-cut share, it indicates that landlords rarely need to reduce their rents to attract tenants, maintaining consistent cash flow.
Lastly, the N/A-day Days on Market (DOM) implies that properties in this ZIP code are either rented quickly or there is insufficient data to determine an average. Either way, it points towards a stable rental market where vacancies are minimized, ensuring steady cash flow.
In conclusion, ZIP 04412 acts as a reliable cash-flow anchor due to the positive spread between FMR and market rent, coupled with a strong rental demand and minimal need for price adjustments. This makes it an ideal choice for landlords and small-portfolio investors looking to secure stable income streams.
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.