Penobscot County Fair Market Rent FY 2023 Penobscot County, ME (part) HUD Metro FMR Area Rental Data

Fair Market Rent prices in Penobscot County are average compared to the national average. This FMR area is more expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Penobscot County is $983 per month.

The previous year, rent for a two-bedroom home was $948 per month. This is a 3.69% increase year-over-year.

This FMR rate applies to Winn, ME, Stacyville, ME, Burlington, ME, Passadumkeag, ME, Stillwater, ME, East Newport, ME, Lagrange, ME, Lee, ME, Exeter, ME, Garland, ME and other cities within the region. The Metro Code or CBSA code for this region is METRO12620N23019.

Additionally, This Fair Market Rent (FMR) area Penobscot County, ME (part) HUD Metro FMR Area spans fifty-three counties or cities in Maine which ares listed in the table below. Estimated population of Penobscot County, ME (part) HUD Metro FMR Area FMR area is 58,370 people based on latest Census data.

Compared to the rest of Maine, the Penobscot County FMR area is less expensive than 70% of the state.

Median Rent Prices in Penobscot 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: