Cheap Apartments for Rent near Hancock, ME from $700 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hancock.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Meadows
1 to 2 Bedroom Apartments

The Meadows

21 Edgewood WayEllsworth, ME 04605

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Hancock, ME Local Guide

Cheapest Available Hancock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hancock, ME is a 2 Beds unit found at Cedarwoods Apartments in the Downtown Bangor neighborhood priced from $1,375. Stillwater Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Hancock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,375
Stillwater Village Apartments1x1 6501BR,1BA$1,400
Triangle Apartments12BR,1BA$1,500
Exchange BlockStudioStudio,1BA$1,650
95 Park Street2 Bedroom2BR,1BA$1,675

Best Value Apartments for Rent in Hancock, ME and Nearby

As of August 05, 2026 the best value apartment in the Hancock area is the $1.64 price per square foot 46 Dillingham St Model at 46 Dillingham St, Unit 46 Dillingham in the in the Downtown Bangor neighborhood starting from $2,300. The second greatest value Hancock apartment is the 3 Bedroom, 3 Bath Model at The Reserve at Orono starting at $749 with a $0.62 price per square foot . Here is today’s list of the best values for Hancock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
46 Dillingham St, Unit 46 Dillingham46 Dillingham St3BR,1BA$1.64
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.62
114 Lebanon Rd, Unit 11114 Lebanon Rd2BR,1.5BA$1.83
Old County EstatesApartment2BR,1.5BA$1.54
185 School St, Unit 185 School Street185 School St2BR,1.5BA$1.70
313 River Rd313 River Rd2BR,1BA$1.78
Triangle Apartments12BR,1BA$1.67
420 Hancock St420 Hancock St2BR,1BA$2.38
Cedarwoods Apartments2 Bedroom (units 89-112)2BR,1BA$1.78
Stillwater Village Apartments1x1 6501BR,1BA$2.23

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hancock Apartments

What is the Cheapest Studio apartment in Hancock?

Currently the most affordable Cheap Studio Apartment in Hancock is at Exchange Block listed at $1,650.

How much is rent for a Cheap One Bedroom Hancock Apartment?

The lowest price for a Cheap One Bedroom Hancock Apartment is $1,400 at Stillwater Village Apartments.

What is the lowest price for a Cheap Two Bedroom Hancock Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hancock is starting from $1,375 at Cedarwoods Apartments.

What is the most affordable Hancock Three Bedroom Apartment?

The best deal on a cheap Hancock Three Bedroom Apartment rental is at Stillwater Village Apartments and starts from $1,800.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.