Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,403$16,836 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lincoln County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lincoln 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 | $1,222 | $14,664 | $48,880 | $23.50/hr |
| 1-Bedroom Apartment | $1,280 | $15,360 | $51,200 | $24.62/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,403 | $16,836 | $56,120 | $26.98/hr |
| 3-Bedroom Home | $1,936 | $23,232 | $77,440 | $37.23/hr |
| 4-Bedroom Home | $1,943 | $23,316 | $77,720 | $37.37/hr |
See comprehensive cost of living profile for Lincoln County, ME →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Maine:
Frequently Asked Questions About Rent in Lincoln County, ME
What is the Fair Market Rent for a 2-bedroom in Lincoln County, ME?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lincoln County, ME is $1,403 per month ($16,836 per year).
What hourly wage is needed to afford rent in Lincoln County, ME?
To comfortably afford a 2-bedroom apartment at $1,403/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.98 per hour ($56,120/year).
What are the HUD Fair Market Rents by bedroom count in Lincoln County, ME?
Official 2026 HUD rents in Lincoln County, ME are: Studio: $1,222/mo, 1-Bedroom: $1,280/mo, 2-Bedroom: $1,403/mo, 3-Bedroom: $1,936/mo, and 4-Bedroom: $1,943/mo.
How do HUD Fair Market Rents compare to local incomes in Lincoln County, ME?
At the local Census ACS median household income of $76,875/year ($6,406/month), the benchmark 2-bedroom Fair Market Rent represents 21.9% of monthly income.
How is the 30% housing affordability standard calculated in Lincoln County, ME?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,403/month, the required minimum annual gross income is calculated as ($1,403 × 12) ÷ 0.30 = $56,120 per year.