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

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.

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.

50^th Percentile Rental Prices: