FY2026 Fair Market Rents — Franklin County, ME
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$911
1BR
$1,008
2BR
$1,322
3BR
$1,750
4BR
$1,757
Hours/week at min wage
70 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+18.5%
+$206 vs FY2025 · 5-yr +75.6%
Voucher payment standard
$1,190–$1,454
PHAs set HCV payment at 90–110% of the 2BR FMR
Franklin County, ME
Non-Metropolitan area · ME · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $911 | $10,932 |
| 1-Bedroom | $1,008 | $12,096 |
| 2-Bedroom | $1,322 | $15,864 |
| 3-Bedroom | $1,750 | $21,000 |
| 4-Bedroom | $1,757 | $21,084 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $1,322
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $911 | $1,008 | $1,322 | $1,750 | $1,757 |
| FY2025 | $765 | $851 | $1,116 | $1,474 | $1,480 |
| FY2024 | $723 | $812 | $1,067 | $1,416 | $1,421 |
| FY2023 | $632 | $713 | $939 | $1,257 | $1,261 |
| FY2022 | $589 | $657 | $826 | $1,117 | $1,120 |
| FY2021 | $549 | $628 | $753 | $1,017 | $1,021 |
| FY2020 | $583 | $619 | $714 | $966 | $967 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $85,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $19,300 | $22,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $32,200 | $36,800 | $41,400 | $45,950 | $49,650 | $53,350 |
| 80% AMI (Low) | $51,450 | $58,800 | $66,150 | $73,500 | $79,400 | $85,300 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$15,864/yr
FMR as % of Area Median Income
18.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$52,880/yr
$4,407/mo gross income
FY2026 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 | $747 | $854 | $960 | $1,152 | $1,238 |
| 60% AMI Maximum | $896 | $1,024 | $1,152 | $1,383 | $1,485 |
FY2026 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 | $911 | $1,008 | $1,322 | $1,387 | $1,387 |
| Low HOME Rent | $805 | $920 | $1,035 | $1,148 | $1,241 |
Compare Franklin 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