Section 8 Fair Market Rent (FMR) for ZIP 04619 - 2027

Location: Washington County, ME | Metro: Washington County, ME

Investment Score for ZIP 04619

N/A

Monthly Rent (2BR)

$1,180

Median Price (2BR)

$N/A

1% Rule

Annual Yield

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	$890
1 Bedroom	$910
2 Bedrooms	$1,180
3 Bedrooms	$1,570
4 Bedrooms	$1,810
5 Bedrooms	$2,100
6 Bedrooms	$2,352
7 Bedrooms	$2,540
8 Bedrooms	$2,667

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,570	$166,694	0.94%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,097

Median Household Income

$64,096

Housing Units

1,636

Renter Percentage

26.6%

Occupancy Rate

86.8%

Renter Occupied

378

Located in the serene town of East Haven, Connecticut, ZIP code 04619 offers a blend of suburban living and easy access to urban amenities, making it a desirable location for both homeowners and renters.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $1,140.
The average market rent for properties in this ZIP code, according to the Census Bureau's American Community Survey, stands at $1,010.
The median home value in ZIP 04619 is $154,710, indicating a relatively affordable housing market.
Renters make up 26.6% of the local housing market, showing a significant demand for rental properties.
The median household income in the area is $64,096, which supports a stable tenant base capable of meeting rental obligations.

The combination of a moderate renter share, a fair market rent that exceeds the current market rent, and a median home value that suggests affordability, makes ZIP 04619 a promising investment opportunity for landlords and small-portfolio investors. The stability in median income also indicates a reliable tenant pool, enhancing the potential for consistent rental income.

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.