Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Hancock County Fair Market Rent FY 2023 Hancock County, ME Rental Data

Fair Market Rent Prices in Hancock County, ME :
$877 $882 $1,036 $1,383 $1,392
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 82% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hancock County is $1,036 per month.

The previous year, rent for a two-bedroom home was $959 per month. This is a 8.03% increase year-over-year.

This FMR rate applies to Aurora, ME, Frenchboro, ME, Harborside, ME, East Orland, ME, Corea, ME, Cranberry Isles, ME, Birch Harbor, ME, East Blue Hill, ME, Hulls Cove, ME, Bernard, 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 54,832 people based on latest Census data.

Compared to the rest of Maine, the Hancock County FMR area is less expensive than 55% of the state.

Maine Rents Map

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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 $ 907
1-BR 1-Bedroom $ 913
2-BR 2-Bedroom $ 1072
3-BR 3-Bedroom $ 1431
4-BR 4-Bedroom $ 1440
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
Winter Harbor town, ME 456
Waltham town, ME 304
Verona Island town, ME 615
Trenton town, ME 1,870
Tremont town, ME 1,522
Swans Island town, ME 579
Surry town, ME 1,785
Sullivan town, ME 1,344
Stonington town, ME 981
Southwest Harbor town, ME 1,496
Sorrento town, ME 278
Sedgwick town, ME 1,380
Penobscot town, ME 1,018
Otis town, ME 923
Osborn town, ME 71
Orland town, ME 2,077
Northwest Hancock UT, ME 2
Mount Desert town, ME 1,640
Marshall Island UT, ME 0
Mariaville town, ME 496
Lamoine town, ME 1,697
Hancock town, ME 2,395
Great Pond town, ME 31
Gouldsboro town, ME 1,557
Frenchboro town, ME 10
Franklin town, ME 1,452
Ellsworth city, ME 8,085
East Hancock UT, ME 38
Eastbrook town, ME 491
Deer Isle town, ME 2,113
Dedham town, ME 1,555
Cranberry Isles town, ME 116
Central Hancock UT, ME 179
Castine town, ME 1,189
Bucksport town, ME 4,910
Brooksville town, ME 889
Brooklin town, ME 677
Blue Hill town, ME 2,663
Bar Harbor town, ME 5,527
Aurora town, ME 124
Amherst town, ME 297
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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