Logo Knox County Fair Market Rent FY 2023 Knox County, ME Rental Data

Fair Market Rent Prices in Knox County, ME :
$738 $918 $1,103 $1,419 $1,482
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 Knox County are high compared to the national average. This FMR area is more expensive than 83% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Knox County is $1,103 per month.

The previous year, rent for a two-bedroom home was $1,005 per month. This is a 9.75% increase year-over-year.

This FMR rate applies to West Rockport, ME, Isle Au Haut, ME, Port Clyde, ME, Matinicus, ME, North Haven, ME, Spruce Head, ME, Liberty, ME, Friendship, ME, Vinalhaven, ME, Cushing, ME and other cities within the region. The Metro Code or CBSA code for this region is NCNTY23013N23013.

Additionally, This Fair Market Rent (FMR) area Knox County, ME spans one county or city in Maine which is listed in the table below. Estimated population of Knox County, ME FMR area is 1,567 people based on latest Census data.

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

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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 Knox County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Knox 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 $ 776
1-BR 1-Bedroom $ 966
2-BR 2-Bedroom $ 1161
3-BR 3-Bedroom $ 1494
4-BR 4-Bedroom $ 1560
Change Year:

There is just one county (listed below) within the Knox County, ME FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Portland - Auburn and Bangor.

County / Region Est. Population
Knox County, ME 1,567
Zip Codes in Knox County, ME

There are 22 unique zip codes in this Fair Market Rent (FMR) area:

04547, 04563, 04572, 04574, 04645, 04841, 04843, 04847, 04851, 04853, 04854, 04855, 04856, 04858, 04859, 04860, 04861, 04862, 04863, 04864, 04865 and 04949

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