Housing market/Maine/ZIP 04106

ACS 2023 · FY2027 SAFMR

ZIP 04106 South Portland, Maine

Portland, ME HUD Metro FMR Area · Maine. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
26,966
Households
12,259
Median HH income
$83,744
Renter share
39.6%
Median gross rent
$1,642
Vacancy
4.6%
Pop. change
+4.4%
2BR SAFMR
$2,640
SAFMR / rent
1.608×
2–49 unit stock
3,740
LIHTC proj / units
13 / 845
HUD assisted MF
4 / 103

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 04106 · ME — sent to you.

ZIP 04106 · ME

ACS median rent$1,642
2BR SAFMR$2,640
90% floor$2,376
110% ceiling$2,904

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 04106

  • 1-unit detached7,01454.6%
  • 1-unit attached5104.0%
  • 2–4 units1,98415.5%
  • 5–49 units1,75613.7%
  • 50+ units1,41511.0%
  • Mobile1591.2%
TypeUnitsShare
1-unit detached7,01454.6%
1-unit attached5104.0%
2 units (duplex)9727.6%
3–4 units1,0127.9%
5–9 units5784.5%
10–19 units4623.6%
20–49 units7165.6%
50+ units1,41511.0%
Mobile1591.2%

2–4 unit share 15.4% · 5–49 unit share 13.7% · combined 2–49 29.1%.

Units by bedrooms

Studio
314
1BR
1,779
2BR
4,745
3BR
4,180
4BR
1,612
5+
219

Rent burden

Rent ≥30% of income50.3%
Rent ≥50% of income20.7%
  • ACS median gross rent $1,642 (all bedrooms, occupied rentals).
  • Median contract rent $1,514.
  • Renters paying ≥30% of income 50.3%; ≥50% 20.7%.
  • FY2027 2BR SAFMR $2,640 (1.608× ACS median gross rent).

Population

26,966 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.4%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 13 projects, 845 units.
  • HUD project-based assisted MF: 4 properties, 103 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 761 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 04106 39.6% of occupied households are renters; vacancy is 4.6%; ACS median gross rent is $1,642; population increased +4.4% between the 2018 and 2023 ACS vintages; the housing stock includes 1,984 units in 2–4-unit structures and 1,756 units in 5–49-unit structures; 13 LIHTC projects totaling 845 units; FY2027 2BR SAFMR is $2,640 versus ACS median gross rent of $1,642. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Maine research

ZIP 04106 is a Census / HUD profile for Portland, ME. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Maine research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 04106?

ZIP 04106 (Portland, ME HUD Metro FMR Area) has 26,966 residents, 12,259 households, a renter share of 39.6%, median household income of $83,744, and ACS 2023 median gross rent of $1,642. Vacancy is 4.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 04106?

ACS counts 972 units in 2-unit buildings, 1,012 in 3–4 unit buildings, 578 in 5–9, 462 in 10–19, and 716 in 20–49. Combined 2–49 unit stock is 3,740 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 04106?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,640. See the full schedule and 90–110% payment-standard band on the ZIP 04106 — South Portland, ME HUD Section 8 Payment Standards / SAFMR.

Does this Maine ZIP profile include Georgia listings?

No. ZIP 04106 is Census / HUD research for Portland, ME HUD Metro FMR Area. Jeff Crowe CRE does not list Maine property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.