FY2022 Fair Market Rents — Piscataquis County, ME
The HUD-published Fair Market Rents for FY2022 in this area are:
Studio
$611
1BR
$615
2BR
$767
3BR
$1,022
4BR
$1,313
Hours/week at min wage
41 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+4.5%
+$33 vs FY2021 · 5-yr +12.6%
Voucher payment standard
$690–$844
PHAs set HCV payment at 90–110% of the 2BR FMR
Piscataquis 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) | $611 | $7,332 |
| 1-Bedroom | $615 | $7,380 |
| 2-Bedroom | $767 | $9,204 |
| 3-Bedroom | $1,022 | $12,264 |
| 4-Bedroom | $1,313 | $15,756 |
Recent 2-Bedroom FMR Trend
FY2017 $681 → FY2022 $767
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2022 | $611 | $615 | $767 | $1,022 | $1,313 |
| FY2021 | $484 | $618 | $734 | $1,011 | $1,271 |
| FY2020 | $528 | $623 | $714 | $1,014 | $1,254 |
| FY2019 | $586 | $625 | $716 | $1,035 | $1,248 |
| FY2018 | $559 | $607 | $697 | $1,014 | $1,125 |
| FY2017 | $541 | $590 | $681 | $991 | $1,023 |
View full FMR history back to FY2000 →
FY2022 Income Limits
Area Median Income (AMI): $58,200
| 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
$9,204/yr
FMR as % of Area Median Income
15.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$30,680/yr
$2,557/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 | $509 | $582 | $654 | $785 | $843 |
| 60% AMI Maximum | $611 | $698 | $785 | $942 | $1,012 |
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 | $611 | $615 | $767 | $945 | $945 |
| Low HOME Rent | $627 | $716 | $806 | $895 | $967 |
Compare Piscataquis 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