Location: Kennebec County, ME | Metro: Kennebec County, ME
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,430 |
| 1 Bedroom | $1,440 |
| 2 Bedrooms | $1,880 |
| 3 Bedrooms | $2,420 |
| 4 Bedrooms | $2,970 |
| 5 Bedrooms | $3,445 |
| 6 Bedrooms | $3,858 |
| 7 Bedrooms | $4,167 |
| 8 Bedrooms | $4,375 |
U.S. Census Bureau data (2024)
ZIP 04910, located in Kennebec County, ME metro, can be a valuable addition to a Section 8 portfolio strategy, primarily functioning as a cash-flow anchor. The Fair Market Rent (FMR) for the area in fiscal year 2026 is set at $1,790, which aligns closely with the rental market dynamics despite the lack of specific market rent data. This alignment ensures steady and predictable cash flow for landlords participating in the Section 8 program.
The median home value in ZIP 04910 stands at $266,802, providing a solid base for property investments. While there isn't specific data on price-cut shares or days on market (DOM), the absence of these metrics doesn't detract from the ZIP code's potential as a cash-flow anchor. Landlords can rely on the government's rental subsidy to cover a significant portion of the rental income, ensuring that properties remain occupied and generating consistent revenue.
The renter share in ZIP 04910 is 21.0%, indicating a moderate demand for rental properties. With a median income of $62,361, residents have the financial stability to participate in the Section 8 program, further supporting the role of this ZIP code as a cash-flow anchor. The combination of a reliable tenant pool and government-backed rental payments creates a stable investment environment.
To summarize, ZIP 04910 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The FMR of $1,790 for fiscal year 2026 ensures that landlords receive a fair and consistent rental income, while the median home value of $266,802 provides a strong foundation for property investments. The moderate renter share and stable median income support the long-term viability of this ZIP code for landlords seeking secure and predictable cash flows.
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.