Housing market/Maine/ZIP 04468

ACS 2023 · FY2027 SAFMR

ZIP 04468 Old Town, Penobscot County, Maine

Penobscot County, ME (part) 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
9,163
Households
3,960
Median HH income
$51,063
Renter share
35.9%
Median gross rent
$980
Vacancy
15.1%
Pop. change
+0.1%
2BR SAFMR
$1,760
SAFMR / rent
1.796×
2–49 unit stock
1,204
LIHTC proj / units
3 / 78
HUD assisted MF
5 / 172

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 04468 · ME — sent to you.

ZIP 04468 · ME

ACS median rent$980
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

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

Housing stock

ACS 2023 units-in-structure · ZCTA 04468

  • 1-unit detached2,94863.2%
  • 2–4 units86218.5%
  • 5–49 units3427.3%
  • 50+ units471.0%
  • Mobile46510.0%
TypeUnitsShare
1-unit detached2,94863.2%
1-unit attached00.0%
2 units (duplex)4479.6%
3–4 units4158.9%
5–9 units2144.6%
10–19 units781.7%
20–49 units501.1%
50+ units471.0%
Mobile46510.0%

2–4 unit share 18.5% · 5–49 unit share 7.3% · combined 2–49 25.8%.

Units by bedrooms

Studio
187
1BR
644
2BR
1,357
3BR
1,915
4BR
375
5+
186

Rent burden

Rent ≥30% of income49.0%
Rent ≥50% of income22.1%
  • ACS median gross rent $980 (all bedrooms, occupied rentals).
  • Median contract rent $907.
  • Renters paying ≥30% of income 49.0%; ≥50% 22.1%.
  • FY2027 2BR SAFMR $1,760 (1.796× ACS median gross rent).

Population

9,163 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.1%.

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

Assisted inventory

  • LIHTC: 3 projects, 78 units.
  • HUD project-based assisted MF: 5 properties, 172 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 91 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 04468 35.9% of occupied households are renters; vacancy is 15.1%; ACS median gross rent is $980; population increased +0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 862 units in 2–4-unit structures and 342 units in 5–49-unit structures; 3 LIHTC projects totaling 78 units; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $980. 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 04468 is a Census / HUD profile for Penobscot County, ME (part), 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 04468?

ZIP 04468 (Penobscot County, ME (part) HUD Metro FMR Area) has 9,163 residents, 3,960 households, a renter share of 35.9%, median household income of $51,063, and ACS 2023 median gross rent of $980. Vacancy is 15.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 04468?

ACS counts 447 units in 2-unit buildings, 415 in 3–4 unit buildings, 214 in 5–9, 78 in 10–19, and 50 in 20–49. Combined 2–49 unit stock is 1,204 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 04468?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 04468 — Old Town, ME HUD Section 8 Payment Standards / SAFMR.

Does this Maine ZIP profile include Georgia listings?

No. ZIP 04468 is Census / HUD research for Penobscot County, ME (part) 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.