FY2022 Fair Market Rents — Aroostook County, ME
The HUD-published Fair Market Rents for FY2022 in this area are:
Studio
$519
1BR
$630
2BR
$781
3BR
$1,046
4BR
$1,230
Hours/week at min wage
42 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+6.4%
+$47 vs FY2021 · 5-yr +14.7%
Voucher payment standard
$703–$859
PHAs set HCV payment at 90–110% of the 2BR FMR
Aroostook County, ME
Non-Metropolitan area · ME · View full history · Income limits · LIHTC rents
FY2022 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $519 | $6,228 |
| 1-Bedroom | $630 | $7,560 |
| 2-Bedroom | $781 | $9,372 |
| 3-Bedroom | $1,046 | $12,552 |
| 4-Bedroom | $1,230 | $14,760 |
Recent 2-Bedroom FMR Trend
FY2017 $681 → FY2022 $781
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2022 | $519 | $630 | $781 | $1,046 | $1,230 |
| FY2021 | $492 | $605 | $734 | $992 | $1,140 |
| FY2020 | $520 | $602 | $714 | $989 | $1,076 |
| FY2019 | $563 | $633 | $742 | $1,000 | $1,073 |
| FY2018 | $548 | $602 | $697 | $924 | $1,011 |
| FY2017 | $533 | $584 | $681 | $877 | $950 |
View full FMR history back to FY2000 →
FY2022 Income Limits
Area Median Income (AMI): $63,900
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $15,050 | $18,310 | $23,030 | $27,750 | $32,470 | $37,190 |
| 50% AMI (Very Low) | $25,100 | $28,650 | $32,250 | $35,800 | $38,700 | $41,550 |
| 80% AMI (Low) | $40,100 | $45,800 | $51,550 | $57,250 | $61,850 | $66,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$9,372/yr
FMR as % of Area Median Income
14.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$31,240/yr
$2,603/mo gross income
FY2022 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $559 | $639 | $718 | $862 | $926 |
| 60% AMI Maximum | $670 | $766 | $862 | $1,035 | $1,111 |
FY2022 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $519 | $630 | $781 | $1,038 | $1,038 |
| Low HOME Rent | $627 | $716 | $806 | $895 | $967 |
Compare Aroostook County, ME With Other ME Metros
vs. Bangor, ME HUD Metro FMR Area
vs. Cumberland County, ME (part) HUD Metro FMR Area
vs. Lewiston-Auburn, ME MSA
vs. Penobscot County, ME (part) HUD Metro FMR Area
vs. Portland, ME HUD Metro FMR Area