Hancock County Fair Market Rent FY 2023 Hancock County, ME Rental Data

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.

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.

50^th Percentile Rental Prices: