Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,416$16,992 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Kennebec County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Kennebec County, ME
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $1,082 | $12,984 | $43,280 | $20.81/hr |
| 1-Bedroom Apartment | $1,090 | $13,080 | $43,600 | $20.96/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,416 | $16,992 | $56,640 | $27.23/hr |
| 3-Bedroom Home | $1,819 | $21,828 | $72,760 | $34.98/hr |
| 4-Bedroom Home | $2,158 | $25,896 | $86,320 | $41.50/hr |
See comprehensive cost of living profile for Kennebec County, ME →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Maine:
Frequently Asked Questions About Rent in Kennebec County, ME
What is the Fair Market Rent for a 2-bedroom in Kennebec County, ME?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Kennebec County, ME is $1,416 per month ($16,992 per year).
What hourly wage is needed to afford rent in Kennebec County, ME?
To comfortably afford a 2-bedroom apartment at $1,416/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.23 per hour ($56,640/year).
What are the HUD Fair Market Rents by bedroom count in Kennebec County, ME?
Official 2026 HUD rents in Kennebec County, ME are: Studio: $1,082/mo, 1-Bedroom: $1,090/mo, 2-Bedroom: $1,416/mo, 3-Bedroom: $1,819/mo, and 4-Bedroom: $2,158/mo.
How do HUD Fair Market Rents compare to local incomes in Kennebec County, ME?
At the local Census ACS median household income of $69,077/year ($5,756/month), the benchmark 2-bedroom Fair Market Rent represents 24.6% of monthly income.
How is the 30% housing affordability standard calculated in Kennebec County, ME?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,416/month, the required minimum annual gross income is calculated as ($1,416 × 12) ÷ 0.30 = $56,640 per year.