What is the Fair Market Rent for a 2-bedroom in Maui County, HI HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Maui County, HI HUD Metro FMR Area is $1,619 per month for fiscal year 2018. The studio FMR is $1,124, 1-bedroom is $1,292, 3-bedroom is $2,355, and 4-bedroom is $2,852.

What income do you need to afford the FMR in Maui County, HI HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $64,760 per year ($5,397 per month) to afford the FY2018 2-bedroom Fair Market Rent of $1,619 in Maui County, HI HUD Metro FMR Area.

FY2018 Fair Market Rents — Maui County, HI HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2018 in this area are:

Studio

$1,124

1BR

$1,292

2BR

$1,619

3BR

$2,355

4BR

$2,852

Hours/week at min wage

89 hrs

to afford the 2BR FMR @ $14.00/hr (HI)

National rank

#29

of 630 U.S. metros (top 5% most expensive)

YoY change (2BR)

+3.3%

+$51 vs FY2017

Voucher payment standard

$1,457–$1,781

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

Maui County, HI HUD Metro FMR Area

Metropolitan area · HI · View full history · Income limits · LIHTC rents

FY2018 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,124	$13,488
1-Bedroom	$1,292	$15,504
2-Bedroom	$1,619	$19,428
3-Bedroom	$2,355	$28,260
4-Bedroom	$2,852	$34,224

Recent 2-Bedroom FMR Trend

FY2017 $1,568 → FY2018 $1,619

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2018	$1,124	$1,292	$1,619	$2,355	$2,852
FY2017	$1,115	$1,248	$1,568	$2,283	$2,763

View full FMR history back to FY2000 →

FY2018 Income Limits

Area Median Income (AMI): $81,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,850	$22,650	$25,500	$28,870	$33,840	$38,810
50% AMI (Very Low)	$33,050	$37,800	$42,500	$47,200	$51,000	$54,800
80% AMI (Low)	$52,850	$60,400	$67,950	$75,500	$81,550	$87,600

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$19,428/yr

FMR as % of Area Median Income

23.9% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$64,760/yr

$5,397/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	$712	$814	$915	$1,098	$1,180
60% AMI Maximum	$854	$976	$1,098	$1,318	$1,416

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	$1,124	$1,292	$1,322	$1,322	$1,322
Low HOME Rent	$826	$945	$1,062	$1,180	$1,275

Compare Maui County, HI HUD Metro FMR Area With Other HI Metros

vs. Kahului-Wailuku-Lahaina, HI MSA vs. Kalawao County, HI HUD Metro FMR Area vs. Urban Honolulu, HI MSA