Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,577$18,924 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sagadahoc County, ME
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sagadahoc 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 | $1,105 | $13,260 | $44,200 | $21.25/hr |
| 1-Bedroom Apartment | $1,264 | $15,168 | $50,560 | $24.31/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,577 | $18,924 | $63,080 | $30.33/hr |
| 3-Bedroom Home | $2,193 | $26,316 | $87,720 | $42.17/hr |
| 4-Bedroom Home | $2,645 | $31,740 | $105,800 | $50.87/hr |
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Frequently Asked Questions About Rent in Sagadahoc County, ME
What is the Fair Market Rent for a 2-bedroom in Sagadahoc County, ME?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sagadahoc County, ME is $1,577 per month ($18,924 per year).
What hourly wage is needed to afford rent in Sagadahoc County, ME?
To comfortably afford a 2-bedroom apartment at $1,577/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $30.33 per hour ($63,080/year).
What are the HUD Fair Market Rents by bedroom count in Sagadahoc County, ME?
Official 2026 HUD rents in Sagadahoc County, ME are: Studio: $1,105/mo, 1-Bedroom: $1,264/mo, 2-Bedroom: $1,577/mo, 3-Bedroom: $2,193/mo, and 4-Bedroom: $2,645/mo.
How do HUD Fair Market Rents compare to local incomes in Sagadahoc County, ME?
At the local Census ACS median household income of $87,806/year ($7,317/month), the benchmark 2-bedroom Fair Market Rent represents 21.6% of monthly income.
How is the 30% housing affordability standard calculated in Sagadahoc County, ME?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,577/month, the required minimum annual gross income is calculated as ($1,577 × 12) ÷ 0.30 = $63,080 per year.