FY2025 Fair Market Rents — Oxford County, ME
The HUD-published Fair Market Rents for FY2025 in this area are:
Studio
$830
1BR
$835
2BR
$1,096
3BR
$1,435
4BR
$1,840
Hours/week at min wage
58 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+1.8%
+$19 vs FY2024 · 5-yr +37%
Voucher payment standard
$986–$1,206
PHAs set HCV payment at 90–110% of the 2BR FMR
Oxford County, ME
Non-Metropolitan area · ME · View full history · Income limits · LIHTC rents
FY2025 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $830 | $9,960 |
| 1-Bedroom | $835 | $10,020 |
| 2-Bedroom | $1,096 | $13,152 |
| 3-Bedroom | $1,435 | $17,220 |
| 4-Bedroom | $1,840 | $22,080 |
Recent 2-Bedroom FMR Trend
FY2019 $836 → FY2025 $1,096
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2025 | $830 | $835 | $1,096 | $1,435 | $1,840 |
| FY2024 | $814 | $820 | $1,077 | $1,321 | $1,699 |
| FY2023 | $729 | $734 | $966 | $1,176 | $1,534 |
| FY2022 | $672 | $676 | $890 | $1,100 | $1,372 |
| FY2021 | $632 | $636 | $838 | $1,042 | $1,298 |
| FY2020 | $623 | $627 | $800 | $1,063 | $1,258 |
| FY2019 | $680 | $684 | $836 | $1,181 | $1,374 |
View full FMR history back to FY2000 →
FY2024 Income Limits
Area Median Income (AMI): $73,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $17,300 | $20,440 | $25,820 | $31,200 | $36,580 | $41,960 |
| 50% AMI (Very Low) | $28,850 | $33,000 | $37,100 | $41,200 | $44,500 | $47,800 |
| 80% AMI (Low) | $46,150 | $52,750 | $59,350 | $65,900 | $71,200 | $76,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,152/yr
FMR as % of Area Median Income
17.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,840/yr
$3,653/mo gross income
FY2024 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 | $644 | $737 | $829 | $994 | $1,068 |
| 60% AMI Maximum | $773 | $884 | $994 | $1,193 | $1,282 |
FY2024 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 | $814 | $820 | $1,077 | $1,197 | $1,197 |
| Low HOME Rent | $721 | $825 | $927 | $1,030 | $1,112 |
Compare Oxford 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