FY2026 Fair Market Rents — Hancock County, ME
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,227
1BR
$1,234
2BR
$1,501
3BR
$2,047
4BR
$2,055
Hours/week at min wage
79 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+24.9%
+$299 vs FY2025 · 5-yr +63.2%
Voucher payment standard
$1,351–$1,651
PHAs set HCV payment at 90–110% of the 2BR FMR
Hancock 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) | $1,227 | $14,724 |
| 1-Bedroom | $1,234 | $14,808 |
| 2-Bedroom | $1,501 | $18,012 |
| 3-Bedroom | $2,047 | $24,564 |
| 4-Bedroom | $2,055 | $24,660 |
Recent 2-Bedroom FMR Trend
FY2020 $894 → FY2026 $1,501
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,227 | $1,234 | $1,501 | $2,047 | $2,055 |
| FY2025 | $1,011 | $1,017 | $1,202 | $1,588 | $1,594 |
| FY2024 | $996 | $1,002 | $1,188 | $1,576 | $1,582 |
| FY2023 | $877 | $882 | $1,036 | $1,383 | $1,392 |
| FY2022 | $785 | $813 | $959 | $1,252 | $1,300 |
| FY2021 | $746 | $782 | $920 | $1,175 | $1,248 |
| FY2020 | $726 | $759 | $894 | $1,133 | $1,230 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $101,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $21,250 | $24,300 | $27,350 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $35,450 | $40,500 | $45,550 | $50,600 | $54,650 | $58,700 |
| 80% AMI (Low) | $56,700 | $64,800 | $72,900 | $80,950 | $87,450 | $93,950 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$18,012/yr
FMR as % of Area Median Income
17.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$60,040/yr
$5,003/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 | $885 | $1,012 | $1,138 | $1,366 | $1,467 |
| 60% AMI Maximum | $1,062 | $1,214 | $1,366 | $1,639 | $1,760 |
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 | $1,227 | $1,234 | $1,501 | $1,644 | $1,644 |
| Low HOME Rent | $886 | $1,012 | $1,138 | $1,265 | $1,366 |
Compare Hancock 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