Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Hancock County, Maine?
County · Census ACS 5-Year estimates
The median gross rent in Hancock County, Maine is $1,061/month (±$71), based on Census ACS 5-Year estimates (2024). The median home value is $310,400 (±$13,318), and the median household income is $72,744/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Hancock County, Maine and Neighbouring Counties
Housing Metrics for Hancock County, Maine
| Metric | Value |
|---|---|
| Median Gross Rent | $1,061 |
| Median Home Value | $310,400 |
| Median Household Income | $72,744 |
| Total Housing Units | 25,572 |
| Renter-Occupied Units | 5,489 |
| Renter-Occupied Share | 21% |
| Households Paying 50%+ Income | 1,254 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $963 | n/a |
| 1 BR | $872 | n/a |
| 2 BR | $1,131 | +88.2% |
| 3 BR | $1,279 | +32.1% |
| 4 BR | $1,580 | n/a |
| 5+ BR | $1,362 | n/a |
How does Hancock County, Maine compare?
Median gross rent ranked against all counties in Maine.
Higher rent than 75% of counties in Maine · 5th of 16
| # | County | Value |
|---|---|---|
| 1 | Cumberland County | $1,589 |
| 2 | York County | $1,339 |
| 3 | Knox County | $1,165 |
| … 1 more … | ||
| 5 | Hancock County(you are here) | $1,061 |
| … 8 more … | ||
| 14 | Franklin County | $802 |
| 15 | Aroostook County | $784 |
| 16 | Washington County | $783 |
More data for Hancock County, Maine
Nearby counties
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Hancock County, Maine?
The median gross rent in Hancock County, Maine is $1,061/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Hancock County, Maine?
The median rent for a 2-bedroom in Hancock County, Maine is $1,131/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$98. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Hancock County, Maine?
The median home value in Hancock County, Maine is $310,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Hancock County are rent-burdened?
In Hancock County, Maine, 1,254 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Hancock County, Maine?
The median household income in Hancock County, Maine is $72,744/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,061 has a margin of error of ±$71. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free