Aroostook County, ME

2024 Fair Market Rents

Tags: 2024 Maine

Return to the state page to see where Maine ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Aroostook County are Caribou, Presque Isle, Houlton, and Fort Kent. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Aroostook County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Aroostook County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Aroostook County compare?

Aroostook County ($948) has a 16.5% lower FMR for 2-Bedroom housing than the average of Maine ($1,135) and therefore has a lower gross rent.

Aroostook County is rank 460th out of 530 counties. This means the FMRs, or in other words, the gross rent is lower than 459 other counties. Aroostook County is the 71st cheapest county in terms of FMRs.

Rent Tables Aroostook County, ME

Fair Market Rent (40th Percentile)

$664
studio
$758
1-Bedroom
$948
2-Bedroom
$1,292
3-Bedroom
$1,374
4-Bedroom

Median Rent (50th Percentile)

$689
studio
$787
1-Bedroom
$984
2-Bedroom
$1,341
3-Bedroom
$1,426
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
04451 $840 $900 $1,180 $1,470 $1,650
04459 $840 $900 $1,180 $1,470 $1,650
04487 $840 $900 $1,180 $1,470 $1,650
04497 $840 $900 $1,180 $1,470 $1,650
04733 $840 $900 $1,180 $1,470 $1,650
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
04451 $756 $810 $1,062 $1,323 $1,485
04459 $756 $810 $1,062 $1,323 $1,485
04487 $756 $810 $1,062 $1,323 $1,485
04497 $756 $810 $1,062 $1,323 $1,485
04733 $756 $810 $1,062 $1,323 $1,485
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
04451 $924 $990 $1,298 $1,617 $1,815
04459 $924 $990 $1,298 $1,617 $1,815
04487 $924 $990 $1,298 $1,617 $1,815
04497 $924 $990 $1,298 $1,617 $1,815
04733 $924 $990 $1,298 $1,617 $1,815

Fair Market Rents on this page apply to the following cities in Aroostook County, Maine: Caribou, Presque Isle, Houlton, Fort Kent, Madawaska, Fort Fairfield, Mapleton, Van Buren, Limestone, Ashland, Washburn, Mars Hill, Easton, Island Falls, Frenchville, Eagle Lake, Sherman, Oakfield, Saint Agatha, and Springfield.

These Fair Market Rents also apply to the following ZIP codes in Aroostook County, Maine: 04736, 04769, 04730, 04743, 04756, 04742, 04757, 04785, 04750, 04732, 04786, 04758, 04740, 04747, 04745, 04739, 04776, 04763, 04772, and 04487.

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Fair Market Rents are published by the Department of Housing And Urban Development.