FY2026 Fair Market Rents — Penobscot County
Studio
$982
1BR
$1,061
2BR
$1,392
3BR
$1,799
4BR
$2,010
Penobscot County, Maine
FIPS 23019 · County-level FMR and income limit data
FMR Area: Penobscot County, ME (part) HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $982 | $11,784 |
| 1-Bedroom | $1,061 | $12,732 |
| 2-Bedroom | $1,392 | $16,704 |
| 3-Bedroom | $1,799 | $21,588 |
| 4-Bedroom | $2,010 | $24,120 |
To afford the FY2026 2-bedroom FMR of $1,392/mo under the 30%-of-income rule, a household needs about
$55,680/yr ($4,640/mo). Area Median Income is $79,000.
At ME's state minimum wage of $14.65/hr, a worker would need to work 74 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $982 | $1,061 | $1,392 | $1,799 | $2,010 |
| FY2025 | $839 | $880 | $1,155 | $1,455 | $1,723 |
| FY2024 | $740 | $794 | $1,043 | $1,298 | $1,457 |
| FY2023 | $718 | $747 | $983 | $1,234 | $1,321 |
| FY2022 | $660 | $720 | $948 | $1,176 | $1,286 |
| FY2021 | $595 | $658 | $867 | $1,078 | $1,176 |
| FY2020 | $594 | $616 | $811 | $1,011 | $1,099 |
FY2026 Income Limits
Area Median Income: $79,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,300 | $22,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,200 | $36,800 | $41,400 | $45,950 | $49,650 | $53,350 |
| 80% AMI | $51,450 | $58,800 | $66,150 | $73,500 | $79,400 | $85,300 |