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RentData.org Logo Kennebec County Fair Market Rent FY 2023 Kennebec County, ME Rental Data

Fair Market Rent Prices in Kennebec County, ME :
$754 $759 $971 $1,203 $1,443
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 Kennebec County are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Kennebec County is $971 per month.

The previous year, rent for a two-bedroom home was $888 per month. This is a 9.35% increase year-over-year.

This FMR rate applies to China Village, ME, Belgrade Lakes, ME, East Winthrop, ME, Vienna, ME, North Vassalboro, ME, East Vassalboro, ME, South Gardiner, ME, North Monmouth, ME, Smithfield, ME, Wayne, ME and other cities within the region. The Metro Code or CBSA code for this region is NCNTY23011N23011.

Additionally, This Fair Market Rent (FMR) area Kennebec County, ME spans thirty counties or cities in Maine which ares listed in the table below. Estimated population of Kennebec County, ME FMR area is 122,158 people based on latest Census data.

Compared to the rest of Maine, the Kennebec County FMR area is less expensive than 65% 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 Kennebec County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Kennebec 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 $ 794
1-BR 1-Bedroom $ 799
2-BR 2-Bedroom $ 1023
3-BR 3-Bedroom $ 1267
4-BR 4-Bedroom $ 1520
Change Year:

The counties, cities, towns, and regions listed below fall into the Kennebec County, ME FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Portland - Auburn and Bangor.

County / Region Est. Population
Winthrop town, ME 6,005
Winslow town, ME 7,621
Windsor town, ME 2,586
West Gardiner town, ME 3,380
Wayne town, ME 1,044
Waterville city, ME 16,623
Vienna town, ME 551
Vassalboro town, ME 4,371
Unity UT, ME 56
Sidney town, ME 4,418
Rome town, ME 1,009
Readfield town, ME 2,571
Randolph town, ME 1,711
Pittston town, ME 2,711
Oakland town, ME 6,302
Mount Vernon town, ME 1,513
Monmouth town, ME 4,129
Manchester town, ME 2,542
Litchfield town, ME 3,639
Hallowell city, ME 2,444
Gardiner city, ME 5,670
Fayette town, ME 1,111
Farmingdale town, ME 2,917
Clinton town, ME 3,366
China town, ME 4,288
Chelsea town, ME 2,719
Benton town, ME 2,707
Belgrade town, ME 3,148
Augusta city, ME 18,662
Albion town, ME 2,344
Zip Codes in Kennebec County, ME

There are 40 unique zip codes in this Fair Market Rent (FMR) area:

04259, 04265, 04284, 04287, 04330, 04332, 04333, 04336, 04338, 04343, 04344, 04345, 04346, 04347, 04349, 04350, 04351, 04352, 04353, 04355, 04357, 04358, 04359, 04360, 04363, 04364, 04901, 04903, 04910, 04917, 04918, 04926, 04927, 04935, 04937, 04962, 04963, 04978, 04988 and 04989

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