Logo Hancock County Fair Market Rent FY 2020 Hancock County, ME Rental Data

Fair Market Rent Prices in Hancock County, ME :
$726 $759 $894 $1,133 $1,230
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 81% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hancock County is $894 per month.

The previous year, rent for a two-bedroom home was $931 per month. This is a 3.97% decrease year-over-year.

This FMR rate applies to East Blue Hill, ME, Salsbury Cove, ME, Aurora, 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 0 people based on 2000 Census data.

Compared to the rest of Maine, the Hancock County FMR area is more expensive than 60% 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 $ 768
1-BR 1-Bedroom $ 803
2-BR 2-Bedroom $ 946
3-BR 3-Bedroom $ 1199
4-BR 4-Bedroom $ 1302
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 0
Aurora town, ME 0
Bar Harbor town, ME 0
Blue Hill town, ME 0
Brooklin town, ME 0
Brooksville town, ME 0
Bucksport town, ME 0
Castine town, ME 0
Central Hancock UT, ME 0
Cranberry Isles town, ME 0
Dedham town, ME 0
Deer Isle town, ME 0
East Hancock UT, ME 0
Eastbrook town, ME 0
Ellsworth city, ME 0
Franklin town, ME 0
Frenchboro town, ME 0
Gouldsboro town, ME 0
Great Pond town, ME 0
Hancock town, ME 0
Lamoine town, ME 0
Mariaville town, ME 0
Marshall Island UT, ME 0
Mount Desert town, ME 0
Northwest Hancock UT, ME 0
Orland town, ME 0
Osborn town, ME 0
Otis town, ME 0
Penobscot town, ME 0
Sedgwick town, ME 0
Sorrento town, ME 0
Southwest Harbor town, ME 0
Stonington town, ME 0
Sullivan town, ME 0
Surry town, ME 0
Swans Island town, ME 0
Tremont town, ME 0
Trenton town, ME 0
Verona Island town, ME 0
Waltham town, ME 0
Winter Harbor town, ME 0
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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