FY2026 Fair Market Rents — Kennebec County, ME

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,082
1BR
$1,090
2BR
$1,416
3BR
$1,819
4BR
$2,158
Hours/week at min wage
75 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+22.1%
+$256 vs FY2025 · 5-yr +68.2%
Voucher payment standard
$1,274–$1,558
PHAs set HCV payment at 90–110% of the 2BR FMR

Kennebec 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) $1,082 $12,984
1-Bedroom $1,090 $13,080
2-Bedroom $1,416 $16,992
3-Bedroom $1,819 $21,828
4-Bedroom $2,158 $25,896

Recent 2-Bedroom FMR Trend

FY2020 $799 → FY2026 $1,416
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,082 $1,090 $1,416 $1,819 $2,158
FY2025 $895 $901 $1,160 $1,454 $1,739
FY2024 $857 $860 $1,104 $1,374 $1,622
FY2023 $754 $759 $971 $1,203 $1,443
FY2022 $693 $704 $888 $1,128 $1,311
FY2021 $676 $677 $842 $1,084 $1,207
FY2020 $642 $650 $799 $1,042 $1,101

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $99,100

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $20,200 $23,050 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $33,600 $38,400 $43,200 $48,000 $51,850 $55,700
80% AMI (Low) $53,750 $61,450 $69,150 $76,800 $82,950 $89,100

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$16,992/yr
FMR as % of Area Median Income
17.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$56,640/yr
$4,720/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 $867 $991 $1,114 $1,337 $1,436
60% AMI Maximum $1,040 $1,189 $1,337 $1,605 $1,724

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 $1,082 $1,090 $1,416 $1,610 $1,610
Low HOME Rent $840 $960 $1,080 $1,200 $1,296

Compare Kennebec 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

Counties in This FMR Area

Related Pages