
Cheap Homes for Rent in Hanover, ME from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Hanover.


25 Maine Ave

181 Lincoln St

132 Spring St, Unit 5

117 Pierce St
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.

1 Progress Way

205 Cumberland St

292 Hillside Ave

8 Friendly Way

271 Main St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

127 Sixth St
Hanover, ME Local Guide

How much does it cost to rent a home in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover 2 Bedroom Homes for Rent | $1,869 | $1,200 | $2,800 |
| Hanover 3 Bedroom Homes for Rent | $3,777 | $1,500 | $10,000+ |
| Hanover 4 Bedroom Homes for Rent | $2,116 | $1,650 | $3,000 |
| Hanover 5 Bedroom Homes for Rent | $2,900 | $2,800 | $3,000 |
Browse Top Homes for Rent in Hanover
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Hanover, ME Local Guide
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Cheapest Available Hanover Apartments for Rent and Nearby
 The cheapest available apartment rental in Hanover, ME is a 1 Bed unit found at Edgewater Village priced from $851. 102 Knox St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,275. Here is today’s list of the most affordable Hanover apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1,275 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| 263-265 Park St | 2 Bedroom 1 Bath | 2BR,1BA | $1,500 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1,550 |
Best Value Apartments for Rent in Hanover, ME and Nearby
As of May 08, 2026 the best value apartment in the Hanover area is the $1.13 price per square foot 4 woodland drive Model at 4 woodland drive, Unit 1 in the starting from $1,700. The second greatest value Hanover apartment is the 36 Beal St Model at 36 Beal St, Unit 2 starting at $1,550 with a $1.03 price per square foot . Here is today’s list of the best values for Hanover apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4 woodland drive, Unit 1 | 4 woodland drive | 2BR,1BA | $1.13 |
| 36 Beal St, Unit 2 | 36 Beal St | 3BR,1BA | $1.03 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Heritage Hillside Apartments | 9 Heritage Drive | 2BR,1BA | $1.97 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| 263-265 Park St | 2 Bedroom 1 Bath | 2BR,1BA | $1.50 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1.42 |
| 104 Main Street, Unit Apt #2 | 104 Main Street | 1BR,1BA | $2.00 |
| 113 Watson Pond Rd, Unit Beautiful Sunny 1 BR apt. | 113 Watson Pond Rd | 1BR,1BA | $1.85 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Hanover, ME
Frequently Asked Questions about Hanover
What type of rentals are currently available in Hanover?
There are currently 36 Apartments for Rent in Hanover, ME with pricing that ranges from $851 to $2,760. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hanover ranging from $1,050 to $15,000.
What is the current price range for Rental Homes in Hanover?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hanover ranges from $1,050 to $15,000 with an average monthly rent of $2,453.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.