Logo Franklin County Fair Market Rent FY 2019 Franklin County, ME Rental Data

Fair Market Rent Prices in Franklin County, ME :
$608 $650 $744 $985 $1,006
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Franklin County are average compared to the national average. This FMR area is more expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Franklin County is $744 per month.

The previous year, rent for a two-bedroom home was $697 per month. This is a 6.74% increase year-over-year.

This FMR rate applies to Eustis, ME, Dryden, ME, Oquossoc, ME, East Dixfield, ME, Farmington Falls, ME, East Wilton, ME, North Jay, ME, Weld, ME, Temple, ME, West Farmington, ME and other cities within the region. The Metro Code or CBSA code for this region is NCNTY23007N23007.

Additionally, This Fair Market Rent (FMR) area Franklin County, ME spans twenty-six counties or cities in Maine which ares listed in the table below. Estimated population of Franklin County, ME FMR area is 30,768 people based on 2010 Census data.

Compared to the rest of Maine, the Franklin County FMR area is less expensive than 95% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Franklin County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Franklin County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 651
1-BR 1-Bedroom $ 695
2-BR 2-Bedroom $ 796
3-BR 3-Bedroom $ 1054
4-BR 4-Bedroom $ 1076
Change Year:

The counties, cities, towns, and regions listed below fall into the Franklin County, ME FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Portland - Auburn and Bangor.

County / Region Est. Population
Avon town, ME 461
Carrabassett Valley town, ME 781
Carthage town, ME 560
Chesterville town, ME 1,352
Coplin plantation, ME 166
Dallas plantation, ME 309
East Central Franklin UT, ME 808
Eustis town, ME 618
Farmington town, ME 7,760
Industry town, ME 929
Jay town, ME 4,851
Kingfield town, ME 997
New Sharon town, ME 1,407
New Vineyard town, ME 757
North Franklin UT, ME 61
Phillips town, ME 1,028
Rangeley plantation, ME 189
Rangeley town, ME 1,168
Sandy River plantation, ME 133
South Franklin UT, ME 69
Strong town, ME 1,213
Temple town, ME 528
Weld town, ME 419
West Central Franklin UT, ME 0
Wilton town, ME 4,116
Wyman UT, ME 88
Zip Codes in Franklin County, ME

There are 21 unique zip codes in this Fair Market Rent (FMR) area:

04224, 04225, 04227, 04234, 04262, 04285, 04294, 04936, 04938, 04940, 04947, 04955, 04956, 04961, 04964, 04966, 04970, 04982, 04983, 04984 and 04992

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