FY2026 Fair Market Rents — Somerset County, ME

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

Studio
$1,015
1BR
$1,083
2BR
$1,266
3BR
$1,689
4BR
$1,812
Hours/week at min wage
67 hrs
to afford the 2BR FMR @ $14.65/hr (ME)
YoY change (2BR)
+20.2%
+$213 vs FY2025 · 5-yr +58.6%
Voucher payment standard
$1,139–$1,393
PHAs set HCV payment at 90–110% of the 2BR FMR

Somerset 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) $1,015 $12,180
1-Bedroom $1,083 $12,996
2-Bedroom $1,266 $15,192
3-Bedroom $1,689 $20,268
4-Bedroom $1,812 $21,744

Recent 2-Bedroom FMR Trend

FY2020 $781 → FY2026 $1,266
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,015 $1,083 $1,266 $1,689 $1,812
FY2025 $841 $911 $1,053 $1,350 $1,510
FY2024 $815 $846 $1,026 $1,269 $1,465
FY2023 $717 $721 $920 $1,140 $1,288
FY2022 $591 $646 $850 $1,084 $1,225
FY2021 $527 $606 $798 $1,035 $1,129
FY2020 $522 $597 $781 $1,022 $1,120

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $81,700

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
$15,192/yr
FMR as % of Area Median Income
18.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$50,640/yr
$4,220/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 $714 $817 $919 $1,102 $1,184
60% AMI Maximum $857 $980 $1,102 $1,323 $1,421

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 $1,015 $1,083 $1,266 $1,327 $1,327
Low HOME Rent $805 $920 $1,035 $1,148 $1,241

Compare Somerset 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