Section 8 Fair Market Rent (FMR) for ZIP 04935 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 04935 is located in East Vassalboro, ME. It is primarily a PO Box ZIP Code, which means there is limited demographic data directly associated with it. However, we can infer some information from nearby areas, such as ZIP code 04989, which contains 04935.

ZIP code 04935 is situated in Kennebec County, with the nearest populated places being Winslow, Waterville, and Oakland. The area has a mix of neighborhoods including East Vassalboro, North Vassalboro, and Center Vassalboro.

Specifically, the data for ZIP code 04989 indicates a median household income of $52,000 and a median home value of $160,000. This context helps us understand the broader economic landscape surrounding ZIP code 04935.

Moving onto the rent economics, the Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is $1,420. While direct market rent data for ZIP code 04935 is not available, the FMR gives us an indication of the rental price range in the region.

Given these figures, ZIP code 04935 is suitable for both hands-off voucher operators and hands-on value-add buyers. The lower median home value suggests potential for investment opportunities, while the FMR aligns with the median income, making it feasible for residents to afford housing through Section 8 vouchers.

Investors should consider the local rental market dynamics and the proximity to larger towns like Winslow and Waterville, which could influence the demand for rental properties in the area.

Data Sources: FMR data from HUD (2027).

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.