Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,419$17,028 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Piscataquis County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Piscataquis 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 | $978 | $11,736 | $39,120 | $18.81/hr |
| 1-Bedroom Apartment | $1,081 | $12,972 | $43,240 | $20.79/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,419 | $17,028 | $56,760 | $27.29/hr |
| 3-Bedroom Home | $1,701 | $20,412 | $68,040 | $32.71/hr |
| 4-Bedroom Home | $1,879 | $22,548 | $75,160 | $36.13/hr |
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Frequently Asked Questions About Rent in Piscataquis County, ME
What is the Fair Market Rent for a 2-bedroom in Piscataquis County, ME?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Piscataquis County, ME is $1,419 per month ($17,028 per year).
What hourly wage is needed to afford rent in Piscataquis County, ME?
To comfortably afford a 2-bedroom apartment at $1,419/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.29 per hour ($56,760/year).
What are the HUD Fair Market Rents by bedroom count in Piscataquis County, ME?
Official 2026 HUD rents in Piscataquis County, ME are: Studio: $978/mo, 1-Bedroom: $1,081/mo, 2-Bedroom: $1,419/mo, 3-Bedroom: $1,701/mo, and 4-Bedroom: $1,879/mo.
How do HUD Fair Market Rents compare to local incomes in Piscataquis County, ME?
At the local Census ACS median household income of $61,345/year ($5,112/month), the benchmark 2-bedroom Fair Market Rent represents 27.8% of monthly income.
How is the 30% housing affordability standard calculated in Piscataquis County, ME?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,419/month, the required minimum annual gross income is calculated as ($1,419 × 12) ÷ 0.30 = $56,760 per year.
