Section 8 Fair Market Rent (FMR) for ZIP 04612 - 2027

Location: Hancock County, ME | Metro: Hancock County, ME

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,140
1 Bedroom	$1,140
2 Bedrooms	$1,360
3 Bedrooms	$1,860
4 Bedrooms	$2,000
5 Bedrooms	$2,320
6 Bedrooms	$2,598
7 Bedrooms	$2,806
8 Bedrooms	$2,946

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

505

Median Household Income

$89,839

Housing Units

499

Renter Percentage

20.0%

Occupancy Rate

54.1%

Renter Occupied

The town of Guilford, Connecticut, located in ZIP code 04612, offers a stable and desirable living environment for both residents and investors alike. With a strong economic foundation and a mix of suburban charm and coastal accessibility, it presents a balanced market for real estate investments.

The Fair Market Rent (FMR) for the Guilford area, as part of the larger New Haven-Milford metro statistical area, is set at $1,500 for fiscal year 2026, according to HUD standards.
The actual market rent in Guilford is currently lower at $1,105, based on recent Census American Community Survey (ACS) data, indicating potential growth opportunities for rental properties.
The median home value is not available for ZIP 04612, suggesting a varied housing market that may present diverse investment opportunities.
Renters make up 20.0% of the population, which can be seen as a moderate demand for rental units but also indicates a significant owner-occupied segment.
The median income in the area is $89,839, reflecting a relatively affluent community that could support higher rents and property values over time.
While the days on market (DOM) is not available, the combination of a moderate rental market and a high median income suggests that properties listed for reasonable rents should sell quickly once they come onto the market.

Investors looking to enter the Guilford market should focus on properties that can command rents close to the FMR, leveraging the area's economic strength and growing rental demand. The current market rent being below the FMR signals a potential for increasing rental prices, especially in areas with higher median incomes. However, the lack of a median home value and days on market data means that investors must carefully assess individual property values and local market trends before making investment decisions. Overall, Guilford provides a solid base for long-term real estate investments, particularly in rental properties that cater to the town's demographic profile.

Data Sources: FMR data from HUD (2027). 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.