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RentData.org 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
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Hancock County are very low compared to the national average. This FMR area is less expensive than 100% 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 which ares listed in the table below. Estimated population of Hancock County, ME FMR area is 54,832 people based on latest Census data.

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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:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

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