Housing market/Maine/ZIP 04063

ACS 2023 · FY2027 SAFMR

ZIP 04063 Ocean Park, 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
565
Households
365
Median HH income
$60,594
Renter share
32.6%
Median gross rent
$558
Vacancy
55.9%
Pop. change
+17.2%
2BR SAFMR
$1,950
SAFMR / rent
3.495×
2–49 unit stock
231
LIHTC proj / units
—
HUD assisted MF
2 / 105

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 04063 · ME — sent to you.

ZIP 04063 · ME

ACS median rent$558
2BR SAFMR$1,950
90% floor$1,755
110% ceiling$2,145

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

Housing stock

ACS 2023 units-in-structure · ZCTA 04063

  • 1-unit detached54565.8%
  • 1-unit attached242.9%
  • 2–4 units17120.7%
  • 5–49 units607.2%
  • 50+ units283.4%
TypeUnitsShare
1-unit detached54565.8%
1-unit attached242.9%
2 units (duplex)475.7%
3–4 units12415.0%
5–9 units212.5%
10–19 units00.0%
20–49 units394.7%
50+ units283.4%
Mobile00.0%

2–4 unit share 20.7% · 5–49 unit share 7.2% · combined 2–49 27.9%.

Units by bedrooms

Studio
28
1BR
110
2BR
249
3BR
162
4BR
178
5+
101

Rent burden

Rent ≥30% of income46.2%
Rent ≥50% of income10.1%
  • ACS median gross rent $558 (all bedrooms, occupied rentals).
  • Median contract rent $558.
  • Renters paying ≥30% of income 46.2%; ≥50% 10.1%.
  • FY2027 2BR SAFMR $1,950 (3.495× ACS median gross rent).

Population

565 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +17.2%.

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: 2 properties, 105 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 504 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 04063 32.6% of occupied households are renters; vacancy is 55.9%; ACS median gross rent is $558; population increased +17.2% between the 2018 and 2023 ACS vintages; the housing stock includes 171 units in 2–4-unit structures and 60 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,950 versus ACS median gross rent of $558. 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 04063 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 04063?

ZIP 04063 (Portland, ME HUD Metro FMR Area) has 565 residents, 365 households, a renter share of 32.6%, median household income of $60,594, and ACS 2023 median gross rent of $558. Vacancy is 55.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 04063?

ACS counts 47 units in 2-unit buildings, 124 in 3–4 unit buildings, 21 in 5–9, 0 in 10–19, and 39 in 20–49. Combined 2–49 unit stock is 231 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 04063?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,950. See the full schedule and 90–110% payment-standard band on the ZIP 04063 — Ocean Park, ME HUD Section 8 Payment Standards / SAFMR.

Does this Maine ZIP profile include Georgia listings?

No. ZIP 04063 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.