Low Income Apartments and Affordable Housing For Rent in Hancock County, ME

Discover affordable housing in Hancock County where there are 23+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Oriole Way Apartments

63 Washington Street, Ellsworth, Maine 04605

The Meadows

21 Edgewood Way, Ellsworth, Maine 04605

Mill Stream Heights

20 Hillcrest Dr, Winter Harbor, Maine 04693

Pinebrook Apartments

10 Pinebrook Drive, Franklin, Maine 04634

Bucksport Square

125 Broadway Ext, Bucksport, Maine 04416

Atlantic Apartments

Atlantic Rd, Swans Island, Maine 04685

Meadow View Apartments

25 Tweedie Ln, Ellsworth, Maine 04605

Harborview Apartments

13 Harborview Ct, Blue Hill, Maine 04614

Knox District Housing

276 Knox Rd, Bar Harbor, Maine 04609

Deer Run Apartments

81 N Deer Isle Rd, Deer Isle, Maine 04627

Straw Way Family Housing

10 Straw Way, Ellsworth, Maine 04605

Malvern Belmont Estates

80 Mount Desert St, Bar Harbor, Maine 04609

Birchwood Apartments

6 Birchwood Lane, Tremont, Maine 04653

Maple Lane Apartments

24 Maple Lane, Mount Desert, Maine 04660

Norwood Apartments

214 Main St, Southwest Harbor, Maine 04679

Rodick Lorraine

15 Eagle Lake Road, Bar Harbor, Maine 04609

Union River Estates

430 Water Street, Ellsworth, Maine 04605

Ridge Apartments

24 Village Green Way, Southwest Harbor, Maine 04679

Benjamin River

Box 600 Rr 1, Sedgwick, Maine 04676

Beech Cliff

30 Forest Ave, Southwest Harbor, Maine

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hancock County, Maine
$22.50/hour
$8.35 (+59%) more than Maine minimum wage and $15.25 (+210%) more than the Federal minimum wage.
Learn More About Hancock County, Maine Affordable Housing ↓

What HUD offices serve Hancock County, Maine?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Hancock County, Maine.

Go to the Maine Public Housing and Low-Income Apartments Waiting Lists page for openings near Hancock County.

How many renters live in Hancock County, Maine?

The County of Hancock County has 55,851 people living in 24,660 households.

There are 9,886 renters living in 5,249 renter households in this County. Renters make up 17.7 percent of the population living in Hancock County.

What is the rental market like in Hancock County, Maine?

There are an estimated 40,298 housing units in the Hancock County area. Of these, 5,861 units are rental homes, making up 15 percent of the housing market. For every renter household in Hancock County, Maine, there are 1 rental units.

What is the vacancy rate for rentals in Hancock County?

The rental vacancy rate in Hancock County is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Hancock County for each bedroom size?

Occupied Rental Units by Size in Hancock County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
393 1,559 1,918 991 303
Occupied Rental Units by Size in Hancock County

A large number of apartments in Hancock County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Hancock County are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Hancock County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $996 to $1,582. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $996
One BR $1,002
Two BR $1,188
Three BR $1,576
Four BR $1,582
2024 Fair Market Rents in Hancock County, Maine

How many units are rented at Fair Market Rent (FMR) in Hancock County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 298 76 percent
One BR 1,149 74 percent
Two BR 1,145 60 percent
Rental Units Below FMR in Hancock County, Maine

How many affordable rental units are in Hancock County?

There are a variety of federal affordable housing programs serving households in Hancock County, Maine including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 162
Public Housing 255
Section 8 Project-Based Rental Assistance 105
Mod Rehab Project-Based Rental Assistance 6
Section 202 Supportive Housing for the Elderly 26
USDA Section 515 Rural Rental Housing 326
Tracked Units by Federal Program in Hancock County, Maine

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Hancock County, Maine

Hancock County features 560 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Hancock County, Maine

There are 107 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hancock County.

Housing Choice Vouchers in Hancock County, Maine

On average, Section 8 Housing Choice vouchers pay Hancock County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Hancock County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hancock County, Maine for a two-bedroom apartment is between $1,069 and $1,307.

Sourced from federal housing data and AffordableHousingOnline.com research.