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RentData.org Logo Franklin County Fair Market Rent FY 2020 Franklin County, ME Rental Data

Fair Market Rent Prices in Franklin County, ME :
$583 $619 $714 $966 $967
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Franklin County are low compared to the national average. This FMR area is less expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Franklin County is $714 per month.

The previous year, rent for a two-bedroom home was $744 per month. This is a 4.03% decrease 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 0 people based on 2000 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 $ 615
1-BR 1-Bedroom $ 653
2-BR 2-Bedroom $ 753
3-BR 3-Bedroom $ 1018
4-BR 4-Bedroom $ 1020
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 0
Carrabassett Valley town, ME 0
Carthage town, ME 0
Chesterville town, ME 0
Coplin plantation, ME 0
Dallas plantation, ME 0
East Central Franklin UT, ME 0
Eustis town, ME 0
Farmington town, ME 0
Industry town, ME 0
Jay town, ME 0
Kingfield town, ME 0
New Sharon town, ME 0
New Vineyard town, ME 0
North Franklin UT, ME 0
Phillips town, ME 0
Rangeley plantation, ME 0
Rangeley town, ME 0
Sandy River plantation, ME 0
South Franklin UT, ME 0
Strong town, ME 0
Temple town, ME 0
Weld town, ME 0
West Central Franklin UT, ME 0
Wilton town, ME 0
Wyman UT, ME 0
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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