Housing market/Maine/ZIP 04259

ACS 2023 · FY2027 SAFMR

ZIP 04259 Monmouth, Kennebec County, Maine

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

Population
3,493
Households
1,486
Median HH income
$94,868
Renter share
20.5%
Median gross rent
$1,192
Vacancy
21.4%
Pop. change
+8.9%
2BR SAFMR
$1,530
SAFMR / rent
1.284×
2–49 unit stock
165
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 04259 · ME — sent to you.

ZIP 04259 · ME

ACS median rent$1,192
2BR SAFMR$1,530
90% floor$1,377
110% ceiling$1,683

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

Housing stock

ACS 2023 units-in-structure · ZCTA 04259

  • 1-unit detached1,43375.8%
  • 1-unit attached70.4%
  • 2–4 units1457.7%
  • 5–49 units201.1%
  • Mobile28515.1%
TypeUnitsShare
1-unit detached1,43375.8%
1-unit attached70.4%
2 units (duplex)824.3%
3–4 units633.3%
5–9 units00.0%
10–19 units00.0%
20–49 units201.1%
50+ units00.0%
Mobile28515.1%

2–4 unit share 7.7% · 5–49 unit share 1.1% · combined 2–49 8.7%.

Units by bedrooms

Studio
34
1BR
56
2BR
512
3BR
905
4BR
322
5+
61

Rent burden

Rent ≥30% of income47.9%
Rent ≥50% of income43.3%
  • ACS median gross rent $1,192 (all bedrooms, occupied rentals).
  • Median contract rent $796.
  • Renters paying ≥30% of income 47.9%; ≥50% 43.3%.
  • FY2027 2BR SAFMR $1,530 (1.284× ACS median gross rent).

Population

3,493 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.9%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 100 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 04259 20.5% of occupied households are renters; vacancy is 21.4%; ACS median gross rent is $1,192; population increased +8.9% between the 2018 and 2023 ACS vintages; the housing stock includes 145 units in 2–4-unit structures and 20 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,530 versus ACS median gross rent of $1,192. 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 04259 is a Census / HUD profile for Kennebec County, 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 04259?

ZIP 04259 (Kennebec County, ME) has 3,493 residents, 1,486 households, a renter share of 20.5%, median household income of $94,868, and ACS 2023 median gross rent of $1,192. Vacancy is 21.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 04259?

ACS counts 82 units in 2-unit buildings, 63 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 165 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 04259?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,530. See the full schedule and 90–110% payment-standard band on the ZIP 04259 — Monmouth, ME HUD Section 8 Payment Standards / SAFMR.

Does this Maine ZIP profile include Georgia listings?

No. ZIP 04259 is Census / HUD research for Kennebec County, ME. 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.