Maine · HUD FY2026 Fair Market Rents · Updated

Rent in Hancock County, ME

HUD puts rent for a two-bedroom in Hancock County, ME at $1,501 a month for 2026, and a one-bedroom at $1,234. Keeping the two-bedroom under 30% of income takes $28.87 an hour full time, or $60,040 a year. The typical household there would spend 24.8% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,484 (down 1.1%).

Rent in Hancock County, ME at a glance

2-bedroom rent (HUD)

$1,501$18,012 a year · HUD fiscal year 2026From October 1, 2026: $1,484 (−1.1%)
Studio$1,227$24/hr needed
1 bedroom$1,234$24/hr needed
Wage a 2-bedroom takes$28.87an hour, 40 hours a week
3 bedrooms$2,047$39/hr needed

How much rent can you afford in Hancock County, ME?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,501Monthly market rent
Share of gross income24.8%Recommended max: 30%
Annual income needed$60,040To meet the 30% standard
Max affordable rent$1,819At 30% of $72,744
0%30% (Affordability standard)100%
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Rent in Hancock County, ME by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Hancock County, ME, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,227$14,724$49,080$23.60/hr
1 bedroom$1,234$14,808$49,360$23.73/hr
2 bedroomsMost searched$1,501$18,012$60,040$28.87/hr
3 bedrooms$2,047$24,564$81,880$39.37/hr
4 bedrooms$2,055$24,660$82,200$39.52/hr

Cost of living in Hancock County, ME: income, prices and a budget →

Rent in Hancock County, ME: common questions

How much is rent going down in Hancock County, ME in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,484 for a two-bedroom, down 1.1% from $1,501. A one-bedroom goes from $1,234 to $1,171, a studio from $1,227 to $1,163.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Hancock County, ME?

HUD's Fair Market Rent for 2026 is $1,234 for a one-bedroom and $1,501 for a two-bedroom, utilities included. That is $18,012 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Hancock County, ME?

To keep a $1,501 two-bedroom at 30% of gross pay, one full-time worker needs $28.87 an hour, or $60,040 a year. A one-bedroom at $1,234 takes $23.73 an hour.

How much is a 1, 2 or 3-bedroom apartment in Hancock County, ME?

At HUD's 2026 Fair Market Rent: studio $1,227, one bedroom $1,234, two $1,501, three $2,047 and four $2,055 a month.

Is rent affordable in Hancock County, ME?

For the typical household, earning $72,744 a year ($6,062 a month, Census ACS), a two-bedroom at $1,501 takes 24.8% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,501 × 12) ÷ 0.30 = $60,040. Divided by 2,080 working hours, that is $28.87 an hour.