
Cheap Homes for Rent in Hanover, ME from $1,200 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Hanover.


45 W Main St

25 Maine Ave

1635 Lewiston Rd

22 Richard St

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

590 Goebel St, Unit 2

322 Waldo St

5 Madison St

48 Knox St

205 Cumberland 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.

18 Sandtrap Loop

8 Friendly Way

271 Main St

224 E Main St

104 Knox St

37 Erchles St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

79 Birch 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 | $1,762 | $1,200 | $2,400 |
| Hanover 3 Bedroom Homes for Rent | $3,271 | $1,500 | $10,000+ |
| Hanover 4 Bedroom Homes for Rent | $2,383 | $1,500 | $5,000 |
| Hanover 5 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
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. Mount Auburn Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,428. 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 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| Stable Ridge Apartments | 1 Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Hanover, ME and Nearby
As of June 22, 2026 the best value apartment in the Hanover area is the $1.12 price per square foot 1791 Riverside Dr Model at 1791 Riverside Dr, Unit apt 1 in the starting from $1,450. The second greatest value Hanover apartment is the 138 Emery St Model at 138 Emery St, Unit 1 starting at $1,800 with a $1.50 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. |
|---|---|---|---|
| 1791 Riverside Dr, Unit apt 1 | 1791 Riverside Dr | 2BR,1BA | $1.12 |
| 138 Emery St, Unit 1 | 138 Emery St | 3BR,1BA | $1.50 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Fallview on Main- 186 Main Street | 2BR/1.0BA | 2BR,1BA | $2.49 |
| 125 Bridge St, Unit 4 | 125 Bridge St | 1BR,1BA | $0.94 |
| 136 Maranacook Rd, Unit B | 136 Maranacook Rd | 2BR,1BA | $1.67 |
| 627 Rockingham St | 627 Rockingham St | 2BR,1BA | $1.39 |
| 104 Main Street, Unit Apt #2 | 104 Main Street | 1BR,1BA | $2.00 |
| Mount Auburn Apartments | One Bedroom-AAN | 1BR,1BA | $2.08 |
| 816 3rd Ave, Unit 2 | 816 3rd Ave | 1BR,1BA | $1.50 |
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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Frequently Asked Questions about Hanover
What type of rentals are currently available in Hanover?
There are currently 43 Apartments for Rent in Hanover, ME with pricing that ranges from $800 to $30,230. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hanover ranging from $1,200 to $13,900.
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 $1,200 to $13,900 with an average monthly rent of $2,640.
How much are larger Three and Four Bedroom Rentals in Hanover?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hanover range from $1,415 to $30,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $13,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $10,000.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.