Location: Kennebec County, ME | Metro: Kennebec County, ME
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 | $1,030 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $2,140 |
| 5 Bedrooms | $2,482 |
| 6 Bedrooms | $2,780 |
| 7 Bedrooms | $3,002 |
| 8 Bedrooms | $3,152 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,040 | $201,293 | 0.52% | F |
| 2BR | $1,360 | $234,818 | 0.58% | F |
| 3BR | $1,750 | $283,853 | 0.62% | D |
| 4BR | $2,140 | $315,502 | 0.68% | D |
| 5BR | $2,482 | $352,537 | 0.7% | D |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 04901, located in Winslow, ME, within Kennebec County, reveals several key insights for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,410 for the fiscal year 2026, which exceeds the current market rent of $1,350 as measured by Zillow's Owner Occupied Rental Index (ZORI).
This means that landlords who accept Section 8 vouchers can expect to cashflow at the FMR rate, although it will be marginal due to the slight difference between the FMR and the actual market rent. Investors with premium units, such as those in better locations or with higher-quality finishes, are more likely to achieve positive cashflow.
The median home value in the area stands at $264,544, providing a rent-to-price ratio that is favorable for rental investments. This ratio indicates that the cost of renting is relatively low compared to purchasing, making rental properties a strong option for investors.
Additionally, the market shows a quick turnover for rental listings, with a median Days on Market (DOM) of 26 days and a low price-cut share of 0.2%. These metrics suggest a robust demand for rentals, further supporting the viability of rental investments in this area.
The strongest angle for investors in ZIP 04901 is stability. With a consistent demand for rentals and the ability to cashflow marginally or positively depending on the unit quality, investors can expect reliable returns without the volatility often associated with other markets.
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.