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

Fair Market Rent Prices in Hancock County, ME :
$744 $777 $931 $1,170 $1,258
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 Hancock County are high compared to the national average. This FMR area is more expensive than 84% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hancock County is $931 per month.

The previous year, rent for a two-bedroom home was $854 per month. This is a 9.02% increase year-over-year.

This FMR rate applies to East Blue Hill, ME, Aurora, ME, Salsbury Cove, ME, Little Deer Isle, ME, Sargentville, ME, Sunset, ME, Frenchboro, ME, Seal Cove, ME, Seal Harbor, ME, Corea, ME and other cities within the region. The Metro Code or CBSA code for this region is NCNTY23009N23009.

Additionally, This Fair Market Rent (FMR) area Hancock County, ME spans forty-one counties or cities in Maine which ares listed in the table below. Estimated population of Hancock County, ME FMR area is 54,418 people based on 2010 Census data.

Compared to the rest of Maine, the Hancock County FMR area is less expensive than 55% 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 Hancock County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hancock 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 $ 801
1-BR 1-Bedroom $ 837
2-BR 2-Bedroom $ 1003
3-BR 3-Bedroom $ 1261
4-BR 4-Bedroom $ 1356
Change Year:

The counties, cities, towns, and regions listed below fall into the Hancock County, ME FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Bangor.

County / Region Est. Population
Amherst town, ME 265
Aurora town, ME 114
Bar Harbor town, ME 5,235
Blue Hill town, ME 2,686
Brooklin town, ME 824
Brooksville town, ME 934
Bucksport town, ME 4,924
Castine town, ME 1,366
Central Hancock UT, ME 117
Cranberry Isles town, ME 141
Dedham town, ME 1,681
Deer Isle town, ME 1,975
East Hancock UT, ME 94
Eastbrook town, ME 423
Ellsworth city, ME 7,741
Franklin town, ME 1,483
Frenchboro town, ME 61
Gouldsboro town, ME 1,737
Great Pond town, ME 58
Hancock town, ME 2,394
Lamoine town, ME 1,602
Mariaville town, ME 513
Marshall Island UT, ME 0
Mount Desert town, ME 2,053
Northwest Hancock UT, ME 2
Orland town, ME 2,225
Osborn town, ME 67
Otis town, ME 672
Penobscot town, ME 1,263
Sedgwick town, ME 1,196
Sorrento town, ME 274
Southwest Harbor town, ME 1,764
Stonington town, ME 1,043
Sullivan town, ME 1,236
Surry town, ME 1,466
Swans Island town, ME 332
Tremont town, ME 1,563
Trenton town, ME 1,481
Verona Island town, ME 544
Waltham town, ME 353
Winter Harbor town, ME 516
Zip Codes in Hancock County, ME

There are 45 unique zip codes in this Fair Market Rent (FMR) area:

04408, 04416, 04420, 04421, 04429, 04431, 04472, 04476, 04605, 04607, 04609, 04612, 04613, 04614, 04616, 04617, 04622, 04624, 04625, 04627, 04629, 04634, 04635, 04640, 04642, 04644, 04646, 04650, 04653, 04660, 04662, 04664, 04669, 04672, 04673, 04674, 04675, 04676, 04677, 04679, 04681, 04683, 04684, 04685 and 04693

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