What is the Fair Market Rent for a 2-bedroom in Washington County, ME?

The HUD Fair Market Rent for a 2-bedroom unit in Washington County, ME is $827 per month for fiscal year 2019. The studio FMR is $632, 1-bedroom is $636, 3-bedroom is $1,036, and 4-bedroom is $1,118.

What income do you need to afford the FMR in Washington County, ME?

Using the standard 30%-of-income affordability rule, a household would need to earn about $33,080 per year ($2,757 per month) to afford the FY2019 2-bedroom Fair Market Rent of $827 in Washington County, ME.

FY2019 Fair Market Rents — Washington County, ME

The HUD-published Fair Market Rents for FY2019 in this area are:

Studio

$632

1BR

$636

2BR

$827

3BR

$1,036

4BR

$1,118

Hours/week at min wage

44 hrs

to afford the 2BR FMR @ $14.65/hr (ME)

YoY change (2BR)

+8.2%

+$63 vs FY2018

Voucher payment standard

$744–$910

PHAs set HCV payment at 90–110% of the 2BR FMR

Washington County, ME

Non-Metropolitan area · ME · View full history · Income limits · LIHTC rents

FY2019 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$632	$7,584
1-Bedroom	$636	$7,632
2-Bedroom	$827	$9,924
3-Bedroom	$1,036	$12,432
4-Bedroom	$1,118	$13,416

Recent 2-Bedroom FMR Trend

FY2017 $694 → FY2019 $827

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2019	$632	$636	$827	$1,036	$1,118
FY2018	$617	$621	$764	$965	$1,102
FY2017	$573	$586	$694	$895	$1,055

View full FMR history back to FY2000 →

FY2018 Income Limits

Area Median Income (AMI): $49,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$12,650	$16,460	$20,780	$25,100	$29,420	$33,740
50% AMI (Very Low)	$21,100	$24,100	$27,100	$30,100	$32,550	$34,950
80% AMI (Low)	$33,750	$38,550	$43,350	$48,150	$52,050	$55,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$9,924/yr

FMR as % of Area Median Income

20.3% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$33,080/yr

$2,757/mo gross income

FY2018 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	$428	$490	$551	$661	$710
60% AMI Maximum	$514	$588	$661	$793	$852

FY2018 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	$617	$621	$764	$796	$796
Low HOME Rent	$527	$602	$677	$752	$813

Compare Washington 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